Comments on: Scottsdale Home Price Reductions Lead the Nation http://athomeinscottsdale.com/2009/05/06/scottsdale-home-price-reductions-lead-the-nation/ Scottsdale homes, real estate, market reports, neighborhoods, events, and great places around town Sat, 11 Feb 2012 12:57:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Claudia Jordan http://athomeinscottsdale.com/2009/05/06/scottsdale-home-price-reductions-lead-the-nation/comment-page-1/#comment-1535 Claudia Jordan Wed, 06 May 2009 16:43:37 +0000 http://athomeinscottsdale.com/?p=2394#comment-1535 Dru, to further illustrate your point, here are the stats from my neighborhood, Rio Verde Foothills, far NE Scottsdale. We had record breaking sales in April - the most in one month - ever! Including 2005! Of course, 98% were distressed homes and bargain basement prices. Multiple bids are common, and some homes are selling for higher than asking. In fact, the average sold price is only 1% lower than the average list price. Sellers have to compete in today's market, or pull it off and be prepared to wait. And wait. <abbr><em>Claudia Jordan’s last blog post..<a href="http://rioverdelifestyle.com/?p=655" rel="nofollow">Real Estate Sales Break Records in Rio Verde Foothills - April 2009</a></abbr></em> Dru, to further illustrate your point, here are the stats from my neighborhood, Rio Verde Foothills, far NE Scottsdale. We had record breaking sales in April – the most in one month – ever! Including 2005! Of course, 98% were distressed homes and bargain basement prices. Multiple bids are common, and some homes are selling for higher than asking. In fact, the average sold price is only 1% lower than the average list price. Sellers have to compete in today’s market, or pull it off and be prepared to wait. And wait.

Claudia Jordan’s last blog post..Real Estate Sales Break Records in Rio Verde Foothills – April 2009

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