Arizona Homeowner July | August 2013
my newest listings!
LUXURY MARKET UPDATE
Beautiful Golf View Patio Home on Stonecreek Golf Course!
April was another excellent month for the luxury market with monthly sales up 39% compared with April 2012 and dollar volume up 37%. In addition the number of pending listings is 20% higher than last year. Although the number of active listings rose by .8% between April 1 and May 1, the months of supply dropped to 6.3 because of the faster sales rate. The monthly average price per sq. ft. has increased by 5% over the last year and, with the average $/SF for pending listings up 2.5% in the last month alone, we expect more price appreciation to come. The average number of days on market continues to fall and the
11615 N. 40th Way | Phoenix | 2,136 Sq. Ft. | 3 Bed | 2.5 Baths | $367,000
market distress index, although up slightly from last
Perfect place to relax on your private flagstone patio while overlooking the 7th tee box. Downstairs master bedroom boasts a private courtyard off the bath and also doors opening to the backyard. The great room has vaulted ceilings and custom built-in shelves. Upstairs bedroom has attached bath. The home has recently been updated including: all new flooring - tile and carpet, custom kitchen cabinets/counters, custom interior paint, brushed nickel hardware, garage floor coated, exterior paint and roof. Community pool, spa and tennis too!! 3rd bedroom currently used as office seller will replace closet or leave custom built in desk. Fabulous location!! Traditional sale!
month, remains modest at 6.0. Several ZIP codes have no distressed inventory at all- namely 85086, 85226, 85248, 85250, 85251, so we don’t expect to see many bargains in these areas. Overall inventory is fairly low in 85016, 85050, 85086, 85249, and 85258 but remains relatively plentiful in 85044, 85253, 85252,
Lake Recreation From Boating to Fishing, Summertime Means Lake Time!
85268, 85331, 85377, and 85383. Source: The Cromford Report
Just Sold!
12450 N. 79th Street | Scottsdale | $938,000
Kathy Loeffler, abr realtor®
602.359.7270 mobile kathyloeffler@ realtyexecutives.com www.KathyLoeffler.com
Huge lot! Amazing location! Wonderful home! This is a great family home on almost an acre - you have your own private park in the backyard!! The beautiful custom canterra front door welcomes you home with large foyer and gorgeous curved staircase!! Perfect home to entertain with a formal living area and formal dining as well as a family room plus a bonus room with a pool table and wet bar with double French doors opening to the patio and back yard!! Master has a fireplace and large private deck with staircase to pool! There are 2 bedrooms downstairs, both ensuite and master plus 2 more bedrooms upstairs! Large amount of storage in this home - cabinets in the 4 car garages as well as an inside storage room. All information deemed reliable but not guaranteed.
If your home is currently listed, this is not a solicitation for that listing.
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