– Desert Highlands Real Estate Update for May 2014 –
Desert Highlands is an established, luxury golf community nestled into the foothills in North Scottsdale and adjacent to Scottsdale’s famous Pinnacle Peak. With 560 homesites, the community features an 18-hole Jack Nicklaus golf course, an elegant clubhouse, a tennis complex, a fitness center and pool, miles of trails and much more.
Property owners at Desert Highlands become members upon purchasing, which fosters a great sense of community and social interaction. There is a vibrant social calendar year-round as well as many sport and special interest group activities.
Here is a look at Desert Highland’s real estate market activity in 2014. There is information on homes currently for sale and pending sale as well as home sales activity for the year.
Although average sales price slipped in Q2, the average price per square foot increased. We also saw the average cumulative days on market drop between Q1 and Q2. Buyers of homes also saw a slightly larger average discount off of asking price (6%) in Q2 over Q1 (4%.)
As you can see, things have really picked up in the second quarter, which is similar to what we saw in 2013. Over 83% of sales this year have been made since April first and with four more sales pending, the second quarter of 2014 should be an incredibly strong one for Desert Highlands.
If you have any questions about the community of Desert Highlands or about real estate opportunities, please feel free to contact us. Otherwise, simply enjoy browsing some of the homes for sale below.
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 5/20/2014 and can change at any time. The analysis looks at residential single family home sales activity in Desert Highlands Club in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2014 Heather Tawes Nelson