North Scottsdale Market Statistics – December 2013


North Scottsdale Demographic Statistics – December 2013

Published on January 14th, 201four by ScottsdaleHomes.com

Single Family Homes Sales Trends in North Scottsdale, December 2013

Single Household Houses Sales Fads in North Scottsdale, December 2013

December 2012 November 2013 December 2013 Monthly Adjustment in % Annual Adjustment in %
Asking Price $680,237 $687,203 $724,689 5.45% 6.53%
Sale Price $647,002 $660,206 $694,295 5.16% 7.31%
% of Asking Price 95.11% 96.07% 95.81% -0.27% 0.74%
Price/SqFt $217 $224 $233 4.02% 7.37%
DOM* 99 91 103 13.19% 4.04%
Total Transactions 348 244 264 8.2% -24.14%

Condos/Townhouses Sales Trends in North Scottsdale, December 2013

Condos/Townhouses Sales Fads in North Scottsdale, December 2013

December 2012 November 2013 December 2013 Monthly Adjustment in % Annual Adjustment in %
Asking Price $262,926 $300,622 $320,902 6.75% 22.05%
Sale Price $253,197 $289,169 $310,766 7.47% 22.74%
% of Asking Price 96.3% 96.19% 96.84% 0.68% 0.56%
Price/SqFt $176 $199 $210 5.53% 19.32%
DOM* 103 81 72 -11.11% -30.1%
Total Transactions 80 77 74 -3.9% -7.5%

Single Household Houses Sales in North Scottsdale – December 2013
3 and four bedroom properties by zip code

85250 Asking Price $548,950
Sale Price $533,725
% of Asking Price 97.23%
Days on Market 142
Total Transactions 2
85254 Asking Price $385,805
Sale Price $376,618
% of Asking Price 97.62%
Days on Market 65
Total Transactions 38
85255 Asking Price $738,853
Sale Price $710,773
% of Asking Price 96.2%
Days on Market 94
Total Transactions 47
85258 Asking Price $743,338
Sale Price $706,265
% of Asking Price 95.01%
Days on Market 98
Total Transactions 26
85259 Asking Price $512,773
Sale Price $496,473
% of Asking Price 96.82%
Days on Market 97
Total Transactions 26
85260 Asking Price $481,922
Sale Price $467,513
% of Asking Price 97.01%
Days on Market 72
Total Transactions 30
85262 Asking Price $1,127,490
Sale Price $1,076,358
% of Asking Price 95.46%
Days on Market 183
Total Transactions 25
85266 Asking Price $1,069,931
Sale Price $1,013,655
% of Asking Price 94.74%
Days on Market 102
Total Transactions 19

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Arizona Inmate Phoenix Foreclosure Homes Still Affected By Flipping

Phoenix foreclosed homes are still feeling the effect of flipping. Throughout the robust economy of the early 2000s, Phoenix investors flipped homes and purchased on credit. Once the downturn occurred, some investors were able to make a great income, however those along with imperfect credit, bad practices, and large loans located themselves in some challenges. In Phoenix, residence prices doubled over a period of four years then declined dramatically. In between August 2008 and August 2009 alone, prices of homes in the location fell 41%. In the second quarter of 2009, over 60% of Phoenixs residence sales were foreclosed homes.

For buyers, it became excellent news. As the lot of foreclosure homes in the location rose, housing prices fell, making foreclosed properties quite affordable for investors and homebuyers. As well, the lot of Phoenix foreclosure properties on foreclosure listings increased, offering buyers much more bargaining electricity and selection. Whether buyers wanted brand-new condos or suburban solitary family homes or something in between, they could discover it at a wonderful price.

Not all of spots of Phoenix became associated along with foreclosures, however. In August 2009, the suburb Sun Lakes checked out quite various numbers compared to Phoenix as a whole. In the Sun Lakes community, prices fell just 15% and foreclosures just accounted for 18% of residence sales. In the second quarter of 2009, the Phoenix community recovered nicely, along with prices increasing 1.2% in the area.

Some experts believe that lenders are slowing the release of Phoenix foreclosures in 2009 onto listings, to make sure that a glut of foreclosure homes does not drive prices down further. The location still is seeing a large lot of foreclosures at attractive prices. As the economy recovers, it is expected that buyers will certainly begin reinvesting in actual estate.

Overall, the market for Phoenix foreclosed homes is mixed. While a lot of the metro location has actually seen a large lot of foreclosures at discount prices, some suburban spots are seeing a even more steady housing market compared to the national average. For buyers, the news is still excellent, along with plenty of selection and foreclosures at quite reasonable prices.

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Joseph B. Smith has actually been educating buyers on the finer points of Phoenix Foreclosure Homes for over 5 years. Visit ForeclosureDeals.com and read much more insight on finding post regarding Foreclosures.

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Article Source: www.articlesnatch.com

Arizona Restaurant Week Again Offers Wine, Beer Pairing Option to Guests

Arizona Restaurant Week (ARW) will certainly return this fall along with 10 nights of impressive edibles, commencing for the very first time on a Friday night. Arizona Restaurant Week, Fall Edition will certainly be held Friday, September 19 through Sunday, September 28.

During Fall ARW, over 150 Phoenix dining establishments will certainly provide specialty prix-fixe dinner menus for $33 and $44 per person, excluding beverages, tax and gratuity unless otherwise noted.

“Arizonans can easily be proud of the wide expansion of neighborhood eating selections and culinary genius the state has actually suffered Throughout the past couple of years,” said Arizona Restaurant Association President and CEO Steve Chucri. “Poised for continued growth, Arizona dining establishments will certainly gross sales merely under 11 billion dollars, outpacing the country in brand-new jobs, and employing over 265,000 people this year.”

Restaurant Week gives a twice-annual increase to these numbers as foodies get hold of set to spend their dollars and celebrate the craft that is booming in our state.

Social Media will certainly play an additional role this season, as diners will certainly curate their own eating experiences through interactive promotions, contests and more.

Look for a special Instagram scavenger hunt and contest in partnership along with Buick that will certainly encourage diners to dine out at as lots of neighborhood spots as feasible and to capture their adventures using #TourARW.

This year Arizona favorites enjoy Rusconi’s American Kitchen, Posh and Roaring Fork will certainly join newcomers enjoy Paul Martin’s, Southern Rail and Barrio Queen for this celebrated line up to savor. A complete list of participating dining establishments and menus will certainly be featured on www.ArizonaRestaurantWeek.com along with an easy-to-usage interface for searching for a preferred neighborhood chef, kind of cuisine or restaurant wish list.

With a neighborhood meals culture rich in tradition, James Beard Award-winning chefs, and the most effective cities in the West, Arizona is rich along with home-grown flavors, top chefs, winemakers, authors, storytellers and meals enthusiasts.

“Arizona’s meals scene is thriving, thanks in no small section to trailblazing culinary chefs, mixologists, entrepreneurs, and restaurateurs that make sure that it never ever gets stale,” said Chucri.

But, just what regarding the wine??

The Scottsdale Wine Examiner is happy to confirm that, at press time, a dozen neighborhood dining establishments have actually currently signed on to contain wine, beer and or cocktails as section of their prix fixe menus. Among them: Crudo, Kazimierz, Kelly’s at Southbridge, Pane e Vino, Relish Burger Bar, Remington’s and the Arrogant Butcher.

Center near Paradise Valley Mall part of $150 million real estate deal


A Focus on Corp.-anchored shopping focus close to Paradise Valley Mall was section of a $1fifty percent thousand industrial genuine estate sale spread around 6 states.

The Village focus on Cactus Roadway in Phoenix was section of a 1.35 million-square-foot purchase by Newquest-Epic Financial investments LLC of Austin, Texas.

Newquest obtained shopping facilities in Oregon, Illinois, Nevada, Missouri that time Nebraska from Cincinnati-based Phillips-Edison Fund IV Portfolio.

The Paradise Valley focus that time a purchasing complicated in Pleased Valley, Oregon, were the leading acquisitions in the group.

Phoenix brokers Jesse Goldsmith that time Steve Julius of CBRE Inc. assisted bargain the deal.

Mike Sunnucks writes regarding politics, law, airlines, sports firm that time the economy.




South Scottsdale Market Statistics – December 2013


South Scottsdale Demographic Statistics – December 2013

Published on January 14th, 201four by ScottsdaleHomes.com

Single Family Homes Sales Trends in South Scottsdale, December 2013

Single Family members Residences Sales Fads in South Scottsdale, December 2013

December 2012 November 2013 December 2013 Monthly Modification in % Annual Modification in %
Asking Price $316,524 $354,333 $378,105 6.71% 19.46%
Sale Price $308,073 $341,301 $364,908 6.92% 18.45%
% of Asking Price 97.33% 96.32% 96.51% 0.2% -0.84%
Price/SqFt $161 $172 $191 11.05% 18.63%
DOM* 76 56 73 30.36% -3.95%
Total Transactions 83 100 93 -7% 12.05%


Condos/Townhouses Sales Trends in South Scottsdale, December 2013

Condos/Townhouses Sales Fads in South Scottsdale, December 2013

December 2012 November 2013 December 2013 Monthly Modification in % Annual Modification in %
Asking Price $229,278 $254,273 $281,751 10.81% 22.89%
Sale Price $218,543 $245,974 $260,693 5.98% 19.29%
% of Asking Price 95.32% 96.74% 92.53% -4.35% -2.93%
Price/SqFt $176 $184 $183 -0.54% 3.98%
DOM* 83 73 70 -4.11% -15.66%
Total Transactions 89 89 71 -20.22% -20.22%

Single Family members Residences Sales in South Scottsdale – December 2013
3 and four bedroom properties by zip code

85250 Asking Price $354,300
Sale Price $345,676
% of Asking Price 97.57%
Days on Market 67
Total Transactions 17
85251 Asking Price $568,272
Sale Price $544,083
% of Asking Price 95.74%
Days on Market 81
Total Transactions 27
85257 Asking Price $249,373
Sale Price $241,300
% of Asking Price 96.76%
Days on Market 64
Total Transactions 30
85258 Asking Price $444,600
Sale Price $432,333
% of Asking Price 97.24%
Days on Market 85
Total Transactions 3
85262 Asking Price $389,000
Sale Price $387,000
% of Asking Price 99.49%
Days on Market 10
Total Transactions 1

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