Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1 Fortunately, as restrictions have eased, we’ve seen […]
Scottsdale Real Estate Market
Scottsdale AZ Luxury Home Market – April 2020
– Scottsdale Luxury Home Market Performance for April 2020 – April was the first full month impacted by COVID-19 and the numbers show that. However, on a call with a local economist yesterday, she likened it to a “pause” in the Scottsdale luxury market versus a crash. Many owners of luxury homes simply took them […]
Quick Video Update of the Scottsdale Real Estate Market – April 2020
– April 2020 Scottsdale Housing Market Video – April 2020 – Video April 2020 was the first full month where COVID-19 was impacting the Scottsdale real estate market. Inventory was level, UCB and pendings were down slightly, but sales fell quite a bit. Here is a one-minute video overview of the Scottsdale, Arizona real estate […]
Phoenix and Scottsdale AZ Luxury Condo Sales – April 2020
– Luxury Condo Sales in Scottsdale and Phoenix – April 2020 – This report covers the first full month of sales activity since the appearance of COVID-19 in Arizona and you can definitely see its impact on the luxury condo market in Scottsdale and Phoenix. We are defining the luxury condo market as those condos […]
Scottsdale AZ Single Family Home Sales – April 2020
– April 2020 Scottsdale Homes for Sale and Home Sales – I hope this post finds you safe and well. Here is a look at last month’s real estate market in Scottsdale. This is the first full month of sales activity with the coronavirus in play. As expected, sales and new contracts fell off. SCOTTSDALE […]
