Scottsdale, AZ Real Estate News

By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the McDowell Mountain Ranch luxury home community in North Scottsdale, Arizona 85255 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     McDowell Mountain Ranch in North Scottsdale, ArizonaSeptember 20, 2021 Weekly Update Active listings decreased to 5 homes. Average sale price per square foot increased to $366.02/SqFt. Average sale price as % of list price decreased to 101.44%. Average sale price increased to $999,753. Highest priced home sold in past 6 months was for $3,107,800. Number of homes sold in past 6 months decreased to 153. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 August 2021 vs August 2020 Monthly Update Active listings decreased 50.00%. Mon...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
North Scottsdale Real Estate Market Update for all listed homes in zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     North Scottsdale, ArizonaSeptember 20, 2021 Weekly Update Active listings decreased to 658 homes. Average sale price per square foot increased to $371.49/SqFt. Average sale price as % of list price remained at 99.37%. Average sale price decreased to $1,263,596. Highest priced home sold in past 6 months was for $12,000,000. Number of homes sold in past 6 months decreased to 2,681. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week August 2021 vs August 2020 Monthly Update Active listings decreased 36.90%. Months supply dec...
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By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
-August 2021 Scottsdale Homes for Sale and Home Sales - While home sales fell to the lowest level we have seen in the past year, pending sales saw a decent uptick in August and UCBs held their course. SCOTTSDALE HOME SALES ACTIVITY – AUGUST 2021 When we pull our monthly reports, we look at the following four items: - Single-family homes for sale - Orange Line - The number of homes for sale at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of homes in UCB status at the end of the month.*- Pending home sales - Yellow Line - The number of homes in pending status at the end of the month.*- Home Sales - Blue Line - The number of homes sold during the month. AUGUST 2021 RESULTS Scottsdale Homes for Sale: The number of homes on the market dec...
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By Joyce Tawes, ABR, CRS, CLHMS, CNE
(Live Better in Scottsdale)
- August 2021 Scottsdale Housing Market Video - Sales cooled off a little in August compared to July. However, pending sales saw a nice uptick by the end of the month. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of August. August 2021 - Video   Scottsdale Active Listings Scottsdale and Greater Phoenix are still struggling with low inventory levels and it looks like we will be in this position for a while. At the end of August, there were 582 homes on the market, which is 47% lower than where we were last August. Also, the number of homes for sale was down 13% from July. Median List Price for Scottsdale Homes This next section looks at the median list price of homes in Scottsdale. The median price is where half of the homes are ...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC] Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today's mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have in today’s market. The Quarterly Housing Affordability Index measures whether or not a typical family qualifies for a mortgage loan on a typical home at the national and regional levels based on quarterly price and income data, as well as a look at affordability conditions for first-time buyers. Details can be read in our Quarte...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Troon luxury home community in North Scottsdale, Arizona 85255 and 85262 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Troon in North Scottsdale, ArizonaSeptember 13, 2021 Weekly Update Active listings decreased to 39 homes. Average sale price per square foot decreased to $371.66/SqFt. Average sale price as % of list price decreased to 99.46%. Average sale price decreased to $1,502,689. Highest priced home sold in past 6 months was for $4,950,000. Number of homes sold in past 6 months decreased to 160. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 & 85262 August 2021 vs August 2020 Monthly Update Active listings decreased 45.61%. Months supply decre...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Grayhawk luxury community in North Scottsdale, Arizona 85255. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Grayhawk in North Scottsdale, ArizonaSeptember 13, 2021 Weekly Update Active listings increased to 14 homes. Average sale price per square foot increased to $361.02/SqFt. Average sale price as % of list price decreased to 102.18%. Average sale price increased to $1,051,139. Highest priced home sold in past 6 months was for $2,900,000. Number of homes sold in past 6 months increased to 62. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 August 2021 vs August 2020 Monthly Update Active listings decreased 50.00%. Months supply decreased 45.00%. Ave...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
North Scottsdale Real Estate Market Update for all listed homes in zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     North Scottsdale, ArizonaSeptember 13, 2021 Weekly Update Active listings decreased to 682 homes. Average sale price per square foot increased to $370.14/SqFt. Average sale price as % of list price decreased to 99.37%. Average sale price decreased to $1,269,662. Highest priced home sold in past 6 months was for $15,500,000. Number of homes sold in past 6 months decreased to 2,706. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week August 2021 vs August 2020 Monthly Update Active listings decreased 36.90%. Months supply de...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
The Fall Buyer and Seller Guides are Here If you're thinking of buying or selling a home, the Fall Buyer and Seller Guides are here. Let's connect so you can get the latest digital copies.
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
While our Veterans are homeless we are importing thousands of Afghans into the U.S. and turning our military bases into immigration camps. The Biden administration advised the military to prepare for 50K.The cost of housing will run from $25K to $50K depending on housing and medical requirements. [DoD Chief of Staff]On the southern border, we have had over 1.111 Million people ask for asylum and reports have shown the migration has not slowed. [CBP 08/03/2021} That surpasses the population of San Jose, CA.There are claims that we have a moral obligation to refugees but should they not be vetted, cleared of COVID, and enter the country legally?This Begs the Question, What About our Homeless Veterans?Raymond Arroyo a Fox News correspondent reported that at the mouth of Brentwood sits a un...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Windgate Ranch luxury home community in North Scottsdale, Arizona 85255 Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Windgate Ranch in North Scottsdale, ArizonaSeptember 6, 2021 Weekly Update Active listings increased to10 homes. Average sale price per square foot increased to $431.35/SqFt. Average sale price as % of list price increased to 101.25%. Average sale price increased to $1,543,857. Highest priced home sold in past 6 months was for $2,760,000. Number of homes sold in past 6 months decreased to 35. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 July 2021 vs July 2020 Monthly Update Active listings decreased 53.21%. Months supply decreased 6...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Silverleaf luxury home community in North Scottsdale, Arizona 85255. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Silverleaf in North Scottsdale, ArizonaSeptember 6, 2021 Weekly Update Active listings decreased to 14 homes. Average sale price per square foot decreased to $654.99/SqFt. Average sale price as % of list price decreased to 96.81%. Average sale price increased to $4,271,020. Highest priced home sold in past 6 months was for $15,500,000. Number of homes sold in past 6 months decreased to 51. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 July 2021 vs July 2020 Monthly Update Active listings decreased 53.21%. Months supply decreased 62.50%....
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
North Scottsdale Real Estate Market Update for all listed homes in zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     North Scottsdale, ArizonaSeptember 6, 2021 Weekly Update Active listings decreased to 697 homes. Average sale price per square foot increased to $368.82/SqFt. Average sale price as % of list price increased to 99.49%. Average sale price increased to $1,272,893. Highest priced home sold in past 6 months was for $15,500,000. Number of homes sold in past 6 months increased to 2,742. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week July 2021 vs July 2020 Monthly Update Active listings decreased 35.45%. Months supply decreas...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
Cyber security has turned into a big business today, and rightly so because there are sophisticated people trying to hack your computers and electronic devices for your hard-earned money.According to the FBI, in 2020, there were 792,000 cybercrime complaints in the U.S. alone—a 69% increase over 2019. Losses from those frauds totaled $4.2 billion.What you need to know to mitigate your risk.In our home office, our security admin system has seen over 9,000 attempts to penetrate our home network in August 2021, suggesting there are a lot of Robo systems working for the bad guys and a lot of talent in building these systems. Fortunately, we haven't had a breach - Yet!The cybersecurity firm of Valimail (1) advised that we "think before we click". A wrong click could expose your lifetime of w...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Are you a Scottsdale, Arizona resident or thinking of moving to one of the nations top 10 places to live? Well, you may wonder where Scottsdale's name originates and where the street names and places came from. Scottsdale Origin Scottsdale itself began with Winfield Scott who was an early resident.1888: United States Army Chaplain Winfield Scott moves to the area and purchases 640 acres of desert land at the whopping price of $3.50 per acre.1894: The town is named “Scottsdale,” after its founder.                                                       Winfield Scott in early Scottsdale Winfield Scott (February 26, 1837 – October 19, 1910) was an American Baptist minister, military officer, and politician. Shortly after graduating from seminary and taking his first job as a pastor, he left...
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By Jane & Jeff Daley, PhD, Scottsdale Real Estate Arizona
(Luxury Valley Homes Scottsdale)
5 Reasons Today’s Housing Market Is Anything but Normal There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. Here’s the definition of normal from the Merriam-Webster Dictionary: “conforming to a type, standard, or regular pattern: characterized by that which is considered usual, typical, or routine.” Using this definition, here are five housing industry metrics that prove we’re nowhere near normal. 1. Mortgage Rates If we look at the 30-year mortgage rate chronicled by Freddie Mac, we can see the average r...
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By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Attending a Green Chamber event recently and my eyes wandered around the room while the speaker was presenting.  Just looking at each face I could tell who was listening and which attendee was pre-occupied.  There's an art to listening! In every day conversations, it's obvious who is listening and who is just responding to be heard or to get THEIR point across.   Those that respond before someone is finished speaking, aren't listening with intention.  To listen well is a mindful exercise that helps to control  and eliminate emotion-filled responses.   Imagine that you're in a conversation with a boisterious person who has a one-sided opinion on a hot topic.  That person will likely not respond to you of a different opinion because they are so focused on their own opinion and may not be ...
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By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
September is here and that means new things to do in Scottsdale and around the Valley.  Here are some ideas for things to do in and around Scottsdale for the month of September.  Immersive Van Gogh Exhibit - Through November - This highly anticipated exhibit is finally open! Learn more about Van Gogh and his life and then step into a fully immersive animated art experience. The experience lasts 40 minutes and you can stay as long as you want. Summer at the Desert Botanical Garden - Ends early September - Come experience the Garden after hours with Flashlight Nights every Saturday or enjoy music and ambiance with the Soronan Sippin' events on select dates. Hamilton - September 8th - October 10th - The world-famous show is coming to ASU Gammage this month. Arabian National Breeder Finals ...
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By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Light Bulbs Can Reduce Your Energy Bill.   Light bulbs can help to reduce your energy bill and don't cost as much as other products.  Consider that light bulbs are readily available and prices have reduced signficantly since they were first introduced.   Lighting a room has often taken a backseat when consumers consider energy efficient ideas.  After all, how often do you change a light bulb?  And incandenscent bulbs use more energy than CFL's and LEDs, which bridges the gap between cost and energy efficiency. LED bulbs can last up to 10 years and cost less to produce more light versus regular incandescent and CFL bulbs.   According to a blog by the Salt River Project (SRP) in 2019,   LED lightbulbs cost 75% less to operate and have MANY benefits.  An interesting bit of summertime heat ...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Desert Highlands luxury home community in North Scottsdale, Arizona 85255. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Desert Highlands in North Scottsdale, ArizonaAugust 30, 2021 Weekly Update Active listings decreased to 3 homes. Average sale price per square foot increased to $435.82/SqFt. Average sale price as % of list price decreased to 96.87%. Average sale price increased to $2,075,343. Highest priced home sold in past 6 months was for $4,180,000. Number of homes sold in past 6 months decreased to 30. Average Sales PriceMay 2013 - Present by Week Average Sales Price/SqFtMay 2013 - Present by Week 85255 July 2021 vs July 2020 Monthly Update Active listings decreased 53.21%. Months supply decreased...
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