Month: May 2014

Top 10 Most Expensive Homes Sold In Phoenix 5-5-14 to 5-12-14

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4142 N Golf DR Buckeye, AZ 85396 – Verrado
13669 E Aster DR Scottsdale, AZ 85259 – Scottsdale Mountain
9820 E Thompson Peak PKWY 604 Scottsdale, AZ 8525 – DC Ranch
6216 E Shea BLVD Scottsdale, AZ 85254
10438 E Balancing Rock RD Scottsdale, AZ 85262 – Candlewood Estates
35705 N 40TH ST Cave Creek, AZ 85331
14336 E Dancing Bears CT Fountain Hills, AZ 85268 – Crestview at Fountain Hills
4507 E Vermont AVE S Phoenix, AZ 85018 – Rancho Marizona
7966 E Santa Catalina DR Scottsdale, AZ 85255 
9820 E Thompson Peak PKWY 723 Scottsdale, AZ 85255 – DC Ranch

Hot Weather, Hot Market?

The real estate market is getting hotter and hotter as we enter the summer season.  We are under 4 months inventory which means we are in a sellers market.  Some sellers may not have realized this yet so, if you are a buyer making offers now, expect multiple offer situations real soon if it hasn’t happened already.  Time to step on the gas pedal, buyers.  Interest rates are down at the moment but may not last and the deeper and deeper into a sellers market we get, the higher home prices will go as well.

New Listings Active Listings Sold Listings
April/2014 10,138 29,810 7,667
March/2014 10,627 29,823 6,704
February/2014 9,667 29,213 5,463
January/2014 11,117 26,988 4,839
December/2013 6,064 26,470 5,971
November/2013 8,287 27,127 5,207

 

Top 10 Most Expensive Homes Sold In Phoenix From 4-28-14 to 5-5-14

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6400 E Horseshoe RD Paradise Valley, AZ 85253 – Camelback Country Estates
10585 E Crescent Moon DR 27 Scottsdale, AZ 85262 – Privada
6737 N 48th ST Paradise Valley, AZ 85253 – Ironwood Hills
42091 N 105TH ST Scottsdale, AZ 85262 – Desert Mountain
5390 E San Miguel AVE Paradise Valley, AZ 85253 – Stone Canyon
18826 N 101ST PL 10 Scottsdale, AZ 85255 – Silverleaf at DC Ranch
6286 E Cheney DR Paradise Valley, AZ 85253 — Mummy Mountain Park
5221 E Via Buena Vista DR Paradise Valley, AZ 85253 — Mockingbird Lane Estates
6000 N Homestead LN Paradise Valley, AZ 85253 – Biltmore View Estates
7055 E Stagecoach Pass Carefree, AZ 85377