Scottsdale Luxury Condo
May | June 2014
Specializing in Scottsdale Luxury Condos
Why Do People Move? Here are a few statistics which you might find interesting from the U.S. Census Bureau: Of those who have changed addresses in the past year, 43.7% moved for housing related issues, such as a new or better home. 30.3% of the moves were family related, including a change in marital status. 16.4% were employment related and 9.5% were related to other factors. As you would expect, Arizona’s statistics don’t always fall in line with the U.S. While nationally 84.9% of the U.S. was in the same residence as they were a year ago, in Arizona that number is only 81%. Nationally, 12.2% of the people who changed residences were from the same state. Here in Arizona, that number was actually 14.7%. I work with and talk to a lot of people moving from other areas of the country to Arizona. In 2012, the Census shows that over 232,000 people migrated to Arizona. California represented the largest state migration to Arizona representing 19.3% of our total. Additionally, 4.2% of our migration was from outside the nation. Spring is a great time to sell! There are usually more buyers in the market and the selection of “next” homes has not been this plentiful in years. Whatever your reason for moving, I am here to help!
KEVIN OWENS, REALTOR® Specializing in Scottsdale Luxury Condos
480.217.9184 kevin@fineAZliving.com www.fineAZliving.com
Scottsdale Luxury Condo Market Update ADDRESS SQFT BED BATH SOLD PRICE
4020 Lofts
SOLD PRICE PER SQFT
CLOSE OF ESCROW
4020 N Scottsdale Rd – 2002
1,236 1 1
$389,000 $314.72
4/14/2014
4020 N Scottsdale Rd – 3006
1,216 1 1
$499,500 $410.77
4/18/2014
1 1.5 $348,000 $364.02
4/16/2014
Optima Camelview
7117 E Rancho Vista Dr – 5009
956
7151 E Rancho Vista Dr – 4008
1,092 2 2
$435,000 $398.35
3/30/2014
7131 E Rancho Vista Dr – 4004
1,066 2 2
$445,000 $417.45
2/24/2014
7147 E Rancho Vista Dr – 6004
1,092 2 2
$449,500 $411.63
3/04/2014
7141 E Rancho Vista Dr – 5007
1,433 2 2
$450,000 $314.03
4/22/2014
7151 E Rancho Vista Dr – 1017
1,169 2 2
$451,500 $386.23
4/17/2014
7141 E Rancho Vista Dr – 3007
1,416 2 2
$480,000 $338.98
2/03/2014
7121 E Rancho Vista Dr – 3001
1,393 2 2
$512,500 $367.91
3/19/2014
7131 E Rancho Vista Dr – 4001
1,327 2 2
$520,000 $391.86
3/28/2014
7141 E Rancho Vista Dr – 2007
1,424 2 2
$575,000 $403.79
4/14/2014
7127 E Rancho Vista Dr – 1004
1,516 2 2
$618,000 $407.65
3/06/2014
7127 E Rancho Vista Dr – 2006
1,777 3 2
$780,000 $438.94
3/15/2014
7141 E Rancho Vista Dr – 6003
1,750 3 2
$817,500 $467.14
3/31/2014
7117 E Rancho Vista Dr – 6003
1,738 2 2
$890,000 $512.08
3/31/2014
1,552 2 2
$609,750 $392.88
2/26/2014
8333 N Via Paseo Del Norte – 1013 1,563 2 2
$430,000 $275.11
4/15/2014
8333 N Via Paseo Del Norte – 1012 1,913 3 3.5 $519,900 $271.77
1/17/2014
8333 N Via Paseo Del Norte – 1003 2,066 3 3.5 $541,750 $262.22
1/10/2014
8333 E Via Paseo Del Norte – 1030 2,066 3 3
4/04/2014
Safari Drive 4743 N Scottsdale Rd – 3007
Veritas Kris Pesic, Escrow Officer
28 years experience with Old Republic Title in Camelback Corridor
602.631.3706 direct | KPesic@ortc.com 2375 E Camelback Rd #180 | Phoenix, AZ 85016
$569,900 $275.85
Thinking of Selling?
Call Kevin Owens today at 480.217.9184 For informational purposes only. Your real estate professional is not a mortgage lender; please contact your Mortgage Advisor for information about mortgage products and your eligibility for home financing. If your home is currently listed, this is not a solicitation for that listing. Owned and operated by NRT, LLC.
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Scottsdale Luxury Condo Market Update From Kevin Owens, Scottsdale Loft / Condo Specialist