– Desert Mountain in Scottsdale, Arizona- 2014 Real Estate Market Update –
Desert Mountain is one of the most well-known luxury golf communities in Scottsdale. Located high in the hills in North Scottsdale, Desert Mountain is a golfer’s paradise with six Jack Nicklaus courses and many practice and training areas. There are also six clubhouses, a large tennis complex, a fitness center with pools, miles of trails and so much more.
For people looking for smaller vacation homes, Desert Mountain offers cottages and smaller single family homes. However, many of the homes in Desert Mountain are elegant custom homes representing a larger number of styles.
HOMES FOR SALE AND PENDING SALES IN DESERT MOUNTAIN AS OF 7/17/2014
As of mid-July, 119 homes were for sale in Desert Mountain. Prices ranged from $590,000 for an 1,836 square foot home to $7,999,999 for a 12,500 square foot custom estate.
There we eight homes pending sale as of July 17th, with prices ranging from $699,900 to $2,995,000.
2014 HOME SALES IN DESERT MOUNTAIN THROUGH THE FIRST HALF
Sales saw a healthy jump in Q2 as the high season picked up. We did see the average sales price and average price per square foot drop in Q2, however, these figures are being somewhat impacted by the $5.5M sale that took place in the first quarter.
The highest priced home sale in Desert Mountain so far this year is the $5,525,000 sale I just alluded to. This estate had 8,155 square feet and had been listed for $5,975,000.
The lowest priced home sale in 2014 to-date was for and 1,836 square foot home. It had been on the market for $559,000 and ultimately sold for $535,000.
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 7/17/2014 and can change at any time. The analysis looks at residential single family home sales activity in Desert Mountain in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2014 Heather Tawes Nelson