– Desert Highlands Real Estate Update – First Three Quarters of 2014 –
Desert Highlands is one of North Scottsdale’s top luxury golf communities. It was developed by Lyle Anderson in the early 1980’s and continues to be a favorite of golfers and non-golfers alike.
Desert Highlands occupies 850 acres of Sonoran Desert terrain and it sits just south of Pinnacle Peak, giving residents impressive vistas. There is an 18-hole Jack Nicklaus golf course, a world-class tennis facility with grass, clay and composite courts, a newly redesigned clubhouse, a fitness center and pool and so much more.
DESERT HIGHLANDS HOMES FOR SALE AND PENDING SALES AS OF OCTOBER 8, 2014
DESERT HIGHLANDS 2014 HOME SALES – THROUGH 3rd QUARTER 2014
Home sales in Desert Highlands really took off in Q2, which corresponds with the end of Scottsdale’s high season. Almost 74% of the year’s sales took place between April and June.
Over the course of the year, the average price per square foot increased from $277.18 in Q1 to $306.44 at the end of Q3. And, on average, home buyers have been seeing a discount of 6% off of asking prices.
The highest priced home sale in 2014 was for $2,820,000. This home had four bedrooms, six bathrooms and 7,674 square feet and was on almost an acre with incredible Pinnacle Peak views. It had been listed for $2,995,000 and sold for cash.
The lowest priced home sale of the year to-date was a three bedroom, three bathroom, 3,148 square foot home built in 1994. It had been on the market for just under $600,000 and ended up selling for $557,500 in a cash transaction.
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.
MAP OF DESERT HIGHLANDS
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 10/8/2014 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