While loft living has been a tradition in many metropolitan areas for years, we are starting to see a lot of recent growth in the Greater Phoenix area. I define luxury lofts as those for sale for more than $1 million. There are several luxury loft projects sprinkled throughout the area, including downtown Phoenix, downtown Scottsdale […]
Real Estate Investment
Overview of the Greater Phoenix Luxury Condo Developments
– Luxury Condos in Scottsdale and Phoenix – A relatively recent addition to Greater Phoenix and Scottsdale has been the introduction of large luxury condo developments offering top-of-the-line amenities and a new way to enjoy desert living. The most notable developments have gone up in the new Scottsdale Waterfront area as well in the heart of the […]
Scottsdale Sales Update- Desert Mountain – August 2008 Performance
Here is the year-to-date sales information for Desert Mountain in Scottsdale, Arizona. Data is as of 8/26/08. Homes for Sale 160 – Average Asking Price $2,682,733 – Average Square Feet 5,018 – Average Asking Price per Sq. Foot $506.63 – Average Days on Market* 308 Pending Homes 4 – Average Asking Price $3,870,000 – Average Square Feet […]
The Luxury Condo Market in Greater Phoenix – July 2008
The numbers for July are in and the luxury condo market had a somewhat slow month in July. (Note: The luxury condo market is being defined as condos for sale for over $1 million.) These numbers are down quite a bit from May where there were 8 sales and 7 units pending. At the end of […]
Scottsdale Real Estate Market Performance for Single-Family Homes – Through July 2008
Here are the most recent figures for the Scottsdale single-family home resale market. Sales dropped off a bit in July, but the number of active listings dropped again, which is good news. Trend Analysis – Scottsdale Single-Family Homes – Resale All Price Points 2007 2008 Sept. Oct. […]