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

 

Top 10 Most Expensive Homes Sold In Phoenix From 6-23 to 6-30

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41996 N 100Th Way Scottsdale, AZ 85262 – Desert Mountain
5713 N Solano Cir. Paradise Valley, AZ 85253 – Desert Arroyos
4491 W Folley Pl. Chandler, AZ 85226 – Stellar Airpark Estates
6244 E Berneil Ln. Paradise Valley, AZ 85253 – Double Tree Acres Two
6801 E Berneil Ln. Paradise Valley, AZ 85253 – Sandringham
41407 N 102nd Pl. Scottsdale, AZ 85262 – Desert Mountain
5750 E Quartz Mountain Rd. Paradise Valley, AZ 85253 – La Place Du Sommet
7130 E Caballo Cir. Paradise Valley, AZ 85253 – Folkman Ranch Estates
14610 E Shadow Canyon Dr. Fountain Hills, AZ 85268 – Shadow Canyon
6742 E San Juan Ave. Paradise Valley, AZ 85253 – Tierra Del Paraiso

Top 10 most Expensive Homes Sold in Phoenix 6-9-14 to 6-16-14

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6539 E Bluebird Ln. Paradise Valley, AZ 85253
5829 E Arcadia Ln. Phoenix, AZ 85018 – Arcadia Manors
5030 E Desert Jewel DR Paradise Valley, AZ 85253 – Valley View Estates
9290 E Thompson Peak Pkwy. 478 Scottsdale, AZ 85255 – DC Ranch
5035 E Lafayette Blvd. Phoenix, AZ 85018 – Citrus Homes
19585 N 101st St. 3121 Scottsdale, AZ 85255 – Silverleaf at DC Ranch
8540 E Via Montoya – Scottsdale, AZ 85255 – Los Gatos
5723 N Canyon Dr. Phoenix, AZ 85016 – Alta Vista Park
8889 E Remuda Dr. Scottsdale, AZ 85255 – Pinnacle Peak Place
7181 E Camelback Rd. 506 Scottsdale, AZ 85251 – Scottsdale Waterfront Residences