Here’s a quick way to get updated info on Scottsdale home prices. You can click on the pins to get the median listing prices for all areas of Scottsdale, and if you want more info, you can sign up to have a report emailed to you ever couple of weeks. Regardless of the date that [...]
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Scottsdale
Another bright spot on the horizon. Improvement in Scottsdale home prices. I haven’t seen one of these appreciation gauges in the green zone for a very long time, maybe years! As of May 12th, 2001: The average price per square foot for homes sold in April 2001 was $181. Averaging over the past year, the [...]
I’ve just added a new home search tool on AtHomeinScottsdale.com. You’ll be able to search for new homes and specs (where the builder picks designs the house, and has the home built or almost completed) for Scottsdale, Phoenix, and all the surrounding cities. Currently there are over 100 properties listing for Scottsdale. Not many, but [...]
Just got this notice from the City of Scottsdale: Residents invited to learn about foreclosure prevention Take Charge America is hosting a free foreclosure prevention workshop from 8 a.m. to noon Saturday, May 14, at Mountain View Community Center, 8625 E. Mountain View Road. Homeowners struggling to pay their bills and facing foreclosure are encouraged [...]
I have a short sale listing that’s scheduled to close today, so I’m inspired to take a look at the Scottsdale real estate market, relative to short sales. In the chart above, you can see that Scottsdale short sale listing activity have been really consistent over the past year. With about 400-500 homes listed in [...]
Single family home sales continue to improve. Historically, January homes sales are the low point of the year (circled in red above), and have occurred in January for all years, but 2002. The first chart shows that Scottsdale home sales have been improving gradually over the past two years. Looking at just the January data [...]
Last summer, pre-foreclosures and lender-owned properties made up 25% of the active listings in the MLS. However, about 45% of the actual sales were distressed properties. Average price per square for a normal home sale was just over $200 per square foot, $150/sf for a pre-foreclosure, and closer to $140/sf for lender owned properties. Looking [...]
