The prices of homes in Scottsdale escalated dramatically during 2021. The average sales price in Scottsdale is up 25% from $1,041,645 to $1,304,697. Several areas of Scottsdale increased even more. North Scottsdale had the most significant price increases. The zip codes of 85262 and 85266 were up a stunning 36% during 2021. The inventory of […]
Scottsdale Luxury Market Exploding
The Scottsdale luxury real estate market is surging with demand exceeding supply. There is an extreme lack of inventory of homes for sale. Many luxury homes, especially the ones with any views, are selling quickly and for over list price. It is extremely common for a home to receive multiple offers on the first day […]
Buying a New Home vs a Resale
Are you dreaming of a brand new home? You aren’t alone. A large number of home shoppers in Scottsdale would prefer a newly built home, over a resale. There are many advantages to a new construction home. 1. More modern floor plans – Most new homes are built with wide open floor plans. Gone are […]
Wayne Gretzky’s Former Home on the Market
My newest listing in Scottsdale is Wayne Gretzky’s old home in Scottsdale. It just hit the market for $3,500,000. Gretzky built the home in 2003 when he was Managing Partner of the Phoenix Coyotes. “The Great One” had 20 seasons in the NHL and clearly has high standards when it comes to real estate. It […]
May 2019 Scottsdale Luxury Market Update
Below is an update on the current luxury market trends in Scottsdale for May 2019. This detailed chart breaks down the inventory and sales for all luxury homes on the market in Scottsdale. There are 980 homes for sale in Scottsdale priced at $950,000-$5 million plus. Last month there were 124 sales in that price […]
The Renovation Trend at Scottsdale Golf Clubs
There are several country clubs in Scottsdale that have either just completed or are in the process of a renovation. It seems that all of the clubs are suddenly renovating to try to keep up with each other. Every club wants to boast of having the newest and best facilities. Desert Highlands kicked off the […]
Terravita Country Club Remodeling
The Terravita Country Club is currently remodeling and updating the clubhouse. The remodel is designed to improve the amenities for current and future members, especially the dining and bar areas. It will add additional casual indoor dining options. It will also increase the usability of the outdoor space so that members can enjoy the beautiful […]
Now is the Time to Buy a Scottsdale Home
A new report shows that the U.S. economy is improving and almost 300,000 jobs have been created. Because of these new jobs, there is likely to be a spike in home sales and mortgage rates will likely raise above 4%. The chief economist at Realtor.com, Jonathan Smoke, states, “We should see continuing strong demand for housing in the […]
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