– ESTANCIA – 2015 REAL ESTATE MARKET UPDATE –
Estancia is one of Scottsdale’s top luxury golf communities. Nestled into the rolling hills adjacent to Pinnacle Peak, this elegant community and golf club is home to some of the area’s most outstanding real estate.
While most of the homes in Estancia are custom estates, there are La Scala villa offerings located closer to the clubhouse and amenities.
Membership to the private Estancia Club is not required for homeowners, but a large majority of residents are members. There is an 18-hole Fazio golf course, an elegant clubhouse, a pro shop, fitness center, pool and locker rooms.
HOMES FOR SALE AND PENDING SALES IN ESTANCIA AS OF 5/26/2015
At the end of May, there were twenty-five homes on the market in Estancia. Asking prices started at $1,100,000 for a La Scala home with 2,846 square feet and three bedrooms and bathrooms. The most expensive home on the market was a 9,315 square foot estate on two acres with four bedrooms and four and one-half bathrooms. The asking price was $7,995,000.
As of the 26th, there were two pending sales in Estancia, priced at $1,500,000 and $1,999,000 respectively.
2015 HOME SALES IN ESTANCIA THROUGH MAY 26TH
Assuming the pending sales close before the end of Q2, then sales in Estancia will have been pretty level over the first half of the year.
The highest priced home sale to date in 2015 was for $4,175,000. This custom estate had four bedrooms, four and one-half bathrooms and 6,718 square feet. It had been listed for $4,950,000 and sold in a cash transaction.
The lowest priced Estancia sale this year so far was for $900,000. It was a three bedroom, three bathroom La Scala villa that had been listed for $950,000.
If you have any questions about the community of Estancia or about other 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 5/26/2015 and can change at any time. The analysis looks at residential single family home sales activity in Estancia in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed. Copyright © 2015 Heather Tawes Nelson | Joyce Tawes