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July 2014

Top 10 Most Expensive Homes Sold In Phoenix From 7-21-14 to 7-28-14

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10244 E Windrunner Dr. Scottsdale, AZ 85255 – Silverleaf at DC Ranch
5143 E Calle Del Medio Phoenix, AZ 85018 – Del Ray Estates
6445 E Calle Del Media Scottsdale, AZ 85251 – Villa Arcadia
6840 E Horseshoe Rd. Paradise Valley, AZ 85253
6097 N Paradise View Dr. Paradise Valley, AZ 85253 – Paradise Mansion Estates
16265 N 112TH Way Scottsdale, AZ 85255 – McDowell Mountain Ranch
14795 E Paradise Dr. Fountain Hills, AZ 85268 – Eagle Ridge
622 N Miramar Mesa, AZ 85213 – Hidden Groves
8301 N Canta Redondo Paradise Valley, AZ 85253 – Merrill Cantatierra
3311 E Rovey Ave. Paradise Valley, AZ 85253 – Vista Los Arcos

Top 10 Most Expensive Homes Sold In Phoenix From 7-14-14 to 7-21-14

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6079 N Paradise View Dr. Paradise Valley, AZ 85253 – Paradise Mansion Estates
10739 E Stoney Ln. Scottsdale, AZ 85262 – Desert Mountain
18767 N 101ST St. 18 Scottsdale, AZ 85255 – Silverleaf
6109 N Paradise View Dr. Paradise Valley, AZ 85253 – Paradise Mansion Estates
10637 N Arista Ln. Fountain Hills, AZ 85268 – Crestview at Fountain Hills
7001 E Languid Ln. Carefree, AZ 85377 – Carefree Plat 3B
10532 N Crestview Dr. Fountain Hills, AZ 85268 – Crestview
8585 E Sweetwater Ave. Scottsdale, AZ 85260 – Vlachos Property Division
9035 N Lava Bluff Trl. Fountain Hills, AZ 85268 – Firerock Country Club
9621 N Palisades Blvd. Fountain Hills, AZ 85268 – Firerock Country Club

Top 10 Most Expensive Homes Sold In Phoenix From 7-7-14 to 7-14-14

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5147 N Tamanar Way Paradise Valley, AZ 85253 – Casa Blanca Estates
7101 N 66th Pl. Paradise Valley, AZ 85253 – Hummingbird Vista
10891 E Prospect Point Dr. Scottsdale, AZ 85262 – Desert Mountain
28407 N 40TH St. Cave Creek, AZ 85331 – Metes & Bounds
5618 E Montecito Ave. Phoenix, AZ 85018 – Edgewood Estates
26609 N 160TH St. Scottsdale, AZ 85262
5826 N Monte Vista Dr. Paradise Valley, AZ 85253 – McDonald Estates
25537 N 114TH St. Scottsdale, AZ 85255 – Troon Village
10349 E Loving Tree Ln. Scottsdale, AZ 85262 – Desert Mountain
5448 E Mariposa St. Phoenix, AZ 85018 – Casa De Camelback

Top 10 Most Expensive Homes Sold In Phoenix From 6-30-14 to 7-7-14

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6942 E Bronco Dr. Paradise Valley, AZ 85253 – Cheney Heights
10585 E Crescent Moon Dr. 40 Scottsdale, AZ 85262 – Privada
11342 E Salero Dr. Scottsdale, AZ 85262 – Desert Mountain
7878 E Gainey Ranch Rd. 61 Scottsdale, AZ 85258 – Gainey Ranch
7202 N 23rd Pl. Phoenix, AZ 85020 – Squaw Peak Foothills
42141 N Saguaro Forest Dr. Scottsdale, AZ 85262 – Desert Mountain
5905 E Calle Tuberia Phoenix, AZ 85018 – Jokake Villa
8240 N Golf Dr. Paradise Valley, AZ 85253 – Camelback Country Club Estates
10167 E Phantom Way 1316 Scottsdale, AZ 85255 – Silverleaf at DC Ranch
10125 E Sundance Trl. Scottsdale, AZ 85262 – Desert Mountain

The Dog Days of Real Estate

Real estate is cyclical.  Every year we seem to have a bit of a spike in activity in the summer months beginning in April and lasting until the end of June.  It seems like that little summer spike has been a bit delayed this year as we still hover at the balanced market point into the early days of July.  I don’t know about you but I certainly turned my AC on earlier this year than I remember in the past.  Could it be that the Valley cooled off in the real estate world as we began to heat up outdoors?  Possibly.  Stay tuned for Fall 2014…the spike has yet to arrive.

New Listings Active Listings Sold Listings Months Inventory
Jun/2014 8,788 28,095 7,261 3.87
May/2014 10,053 28,692 7,507 3.82
Apr/2014 10,305 29,265 7,643 3.83
Mar/2014 10,863 29,448 6,696 4.40
Feb/2014 9,908 28,857 5,499 5.25

 

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