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Facts and Figures Courtesy of Michael Orr Luxury Home Real Estate Market Report North Scottsdale & Paradise Valley Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432 Victoria Felice Presents

Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

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Page 1: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Facts and Figures Courtesy of Michael Orr

Luxury Home Real Estate Market Report

North Scottsdale & Paradise Valley

Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432

Victoria Felice Presents

Page 2: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Dollar Volume – First Six Months Closings

Luxury Home Report - ARMLS Residential– Single Family Homes Over $1M

Last Update: 9/24/15©2015 Cromford Associates LLC – Sharing is permitted from Cromford Report subscribers only.

$174 $178 $191

$345

$511 $513$477

$261

$188

$245$285 $287

$384$351M

$482M

Amounts are Represented in Million Dollars Rank = #3

Page 3: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Dollar Volume – Second Quarter Closings

Luxury Home Report - ARMLS Residential– Single Family Homes Over $1M

Last Update: 9/24/15©2015 Cromford Associates LLC – Sharing is permitted from Cromford Report subscribers only.

$1.74 $1.78 $1.91

$3.45

$5.11 $5.13$4.77

$2.61

$1.88

$2.45$2.85 $2.87

$3.84 $3.51

M

$4.82M

$98

Amounts are Represented in Million Dollars Rank = #1

$102

$104

$178

$306

$261

$270

$142$111

$126

$162$175

$223

$173

$314

Page 4: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Dollar Volume – July & August ClosingsLuxury Home Report - ARMLS Residential– Single Family Homes

Over $1MLast Update: 9/24/15©2015 Cromford Associates LLC – Sharing is permitted from Cromford Report subscribers only.

$1.78 $1.91

$3.45

$5.11 $5.13$4.77

$2.61

$1.88

$2.45$2.85 $2.87

$3.84

Amounts are Represented in Million Dollars Rank = #9

$102

$104

$178

$261

$270

$142$111

$126

$162$175

$223

$62$73

$78

$102

$191

$121

$159

$100 $108 $97

$65$82

$117 $110

$101

Page 5: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Dollar Volume – September Closings (to 23rd)

Luxury Home Report - ARMLS Residential– Single Family Homes Over $1M

Last Update: 9/24/15©2015 Cromford Associates LLC – Sharing is permitted from Cromford Report subscribers only.

$1.78 $1.91

$3.45

$5.11 $5.13$4.77

$2.61

$1.88

$2.45$2.85 $2.87

$3.84

Amounts are Represented in Million Dollars Rank = #7

$102

$104

$178

$261

$270

$142$111

$126

$162$175

$223

$62$73

$78

$102

$121

$159

$100 $108 $97

$65$82

$117

$21

$16

$24

$40

$51$47

$25

$28$24

$12

$18

$24

$29

$51

$27

Page 6: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Luxury Market Over $1 Million by Zip Code

Rank City Zip Code Active (not UCB)

Annual Sales

Days of Inventory

1 Scottsdale 85254 16 27 2162 Scottsdale 85258 19 28 2483 Phoenix 85018 70 93 2754 Scottsdale 85260 22 28 2875 Scottsdale 85259 58 73 2906 Paradise

Valley85253 251 269 327

7 Scottsdale 85250 9 10 3298 Scottsdale 85251 34 36 345

Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432

Page 7: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Luxury Market Over $1 Million by Zip Code

Rank City Zip Code Active (not UCB)

Annual Sales

Days of Inventory

9 Phoenix 85044 10 10 36510 Phoenix 85048 8 8 36511 Phoenix 85016 39 38 37512 Scottsdale 85255 234 227 37513 Tempe 85284 10 9 40614 Gold Canyon 85118 13 11 43115 Scottsdale 85262 208 156 48716 Fountain

Hills85268 49 36 497

Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432

Page 8: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Luxury Market Over $1 Million by Zip Code

Rank City Zip Code Active (not UCB)

Annual Sales

Days of Inventory

17 Phoenix 85012 7 5 51118 Mesa 85207 27 17 58019 Scottsdale 85266 68 40 62120 Carefree 85377 39 19 74921 Chandler 85249 11 5 80322 Peoria 85383 12 5 87623 Cave Creek 85331 37 13 1,03924 Gilbert 85298 9 3 1,095

Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432

Page 9: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Situation Summary - September 2015

• Overall supply is 31% below normal but rising• Demand is 100% but falling• AZ loan delinquency is below normal at 3.8%• Lending rates are starting to loosen• Luxury Market

• Strongest in areas close to central amenities• Weaker in remoter areas

• General optimism prevails – but new momentum?• Low end supply is a major concern

Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432

Page 10: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Need More Information?Get the Latest & Most Accurate Market

Indicatorsfrom Victoria FeliceYour North Scottsdale & Paradise Valley

Luxury Real Estate Specialist

You won't know how my marketing strategies differ

from others unless we have an opportunity to meet. 

Call me any time 602-359-5432Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432

Page 11: Luxury Home Real Estate Market Report - Scottsdale, Paradise Valley Area

Victoria Felice, Associate Broker

Your North Scottsdale & Paradise Valley

Luxury Real Estate Specialist

Contact Me TodayPhone: 602-359-5432

Email: [email protected]

Visit My Website: www.NorthScottsdalehomes.com

Victoria Felice - Associate Broker, GRI, SRS - Realty One Group - 602-359-5432