2009 was a difficult year for the luxury condo market in Scottsdale, Phoenix and Tempe, AZ. For the purposes of this analysis, the luxury condo market is being defined as condos on the market with asking prices in excess of $1,000,000. 2009 condo sales volume was way off of 2008 levels in Scottsdale and Phoenix. […]
Esplanande Place
Greater Phoenix AZ Luxury Condo Market Performance – November 2009
Here are the figures for the Luxury Condo Market in Scottsdale, Phoenix and Tempe, Arizona for the month of November 2009. The luxury condo market is defined as condos for sale with list prices in excess of $1 million. Inventory has been increasing over the last few months. In September, there were 65 units for sale […]
Greater Phoenix Luxury Condo Market Performance – September 2009
Here is the real estate market performance for the luxury condo market in Scottsdale, Phoenix and Tempe. This analysis looks at condos for sale in the Greater Phoenix area with list prices in excess of $1 million. At the end of September, there were 65 luxury condos on the market. The bulk of these were in […]
Greater Phoenix Luxury Condo Market – May 2009
Here are May’s results for the Phoenix area luxury condo market. I define luxury condos as those with list prices in excess of $1 million. At the end of May, there were 69 luxury condos for sale throughout the valley. Forty-three condos were located in Scottsdale, twenty-four were in Phoenix, and two were located in Tempe. Only one […]
Greater Phoenix Luxury Condo Market – April 2009
Here are the most recent figures for the Greater Phoenix luxury condo market, which is defined as condos with list prices in excess of $1 million. At the end of April, 90 luxury condos were on the market for sale. Of those, fifty-five were in Scottsdale, thirty-three were in Phoenix, and the remainder, two, were in […]