At Home In Scottsdale | Your Guide to Scottsdale Real Estate

This post, The Improving Phoenix Real Estate Market, by Phil Sexton over in our corporate John Hall & Associates office is well worth the read.   Phil loves his charts and the one he’s posted on the company blog is one of the most optimistic views I’ve seen in the past couple of years.

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Home prices in Scottsdale vary widely, and follow a pattern of more affordable in the south, to more expensive in the northern most communities.  For home buyers moving to the area, it’s eye opening to see just how many different price ranges of homes there are in a town that seems to be known for [...]

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After the number of homes listed for sale peaked in the spring, we have seen a slight decline, but certainly not enough of a change to get very excited about.  

Prices have continued their downward trend, and the number of homes on the market has a direct influence on the pricing.  Not all Scottsdale zip codes are following the [...]

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One of my blog readers emailed me a link to the following real estate yesterday.  Thank you, Jim!
6 Real Estate Bargains
The article, provided by Fortune Magazine on CNNMoney.com, showcases the six cities that they’ve identified as the best real estate markets for deals.
In Miami, sales dropped 40% last year and prices are down 21%.  Excess [...]

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We have a new MLS system arriving later this summer, and because of my involvement with the Scottsdale Association of REALTORS® and the Arizona Regional MLS Committees, I’ve been testing the new system since early May.  The system will give Realtors so much more access home sales data, and I can see that I will [...]

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Interested in receiving the up-to-date market information for your Scottsdale zip code?  It’s easy to get an executive summary for the zip code you live in, or are considering purchasing in.  Just complete the simple form in the left hand column, or use the one that I’ve included here.

 
This brief two page report for each [...]

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Jay Butler at Arizona Stat University published his updated real estate report, covering the Phoenix metropolitan area, yesterday. 
Greater Phoenix resale numbers up for April, median prices down
But, the bottom line for Scottsdale is that the number of homes sold and median sales price is down. Per the report:
The Scottsdale resale home market declined from 400 to [...]

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Here are the Altos Research real estate market updates for all Scottsdale zip codes. These freshly updated reports are in a one page executive summary format.  If you’d like the more detailed report for your zip code, please call or email me.
This week’s update:
85262 - Listing prices have been increasing, as have days on market.  Inventory has [...]

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The median list price for re-sale residential homes in Scottsdale has been rising steadily since last fall. 

However in most Scottsdale zip codes, the prices increases are seen in the upper 25% of the price range.  In the following charts, the first group is defined as lowest 25% priced homes and increase up to the fourth quadrant which includes [...]

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Hot off the press from the W. P Carey School of Business at ASU - Change in Trajectory for Declining Phoenix Real Estate Prices?
Scottsdale / Paradise Valley was the only area to show stability: in December this region reported a slight drop in home prices of 3 percent, but in January home sales were back in [...]

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