Archive for 85254 Market

THE CURRENT NUMBER OF PENDING SALES IN THE 85254 REAL ESTATE MARKET:
There are 97 Pending sales in the 85254 real estate market. The lowest priced Pending sale is for this property, sorry no picture,a 743 sq-ft Condo that is 1 bedroom, 1 bath built in 1993, and pending at a price of $49,900. This is a Short Sale. This unit was last sold on 05/23/06 for a sales price of $199,500.
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The highest Pending sale in the 85254 real estate market goes to this Scottsdale Luxury Home of 7,986 sq-ft. If you click on the picture, you can watch a virtual tour of this Scottsdale Home.

This Scottsdale Home is a Bank Owned property, Pending sale at the asking price of $1,850,000, and was built in 2006, and was on the market for 455 days.
Of all the pending sales, 71 of the 97, are Single Family Detached Homes.
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SCOTTSDALE HOMES SOLD IN THE 85254 REAL ESTATE MARKET
There were 5 Sales in the 85254 real estate market in the past week. The prices started at $69,250 for a 1 bedroom, 1 bath, 1 ca carport condo of 779 sq-ft, built in 1993. This property was a bank owned property,that last purchased, before the bank foreclosed, on 10/10/07 for $222,400. The top sale price was $595,000 for a 1,593 sq-ft, 2 bedroom, 2 bath, 2 car garage Condo built in 2005, at Kierland Commons. The high price sale was a Short Sale, that was previously sold on 10/11/2006 for $1,300,000. This property was on the market for 370 days.

The Average Sales price for the past week in the 85254 real estate market was $355,950, and there was an average of 336 days on market before the sale. The average days on market are taken from all the listings that sold. The high days on market was 914 days before the sale, and the low was 31 days on market before the sale.

There were 23 Scottsdale properties sold in the last 30 days in the 85254 real estate market. The sales prices started at $40,000 for a Lender Owned 680 sq-ft , 1 bedroom, 1 bath, Condo built in 1988. This property was last sold on 12/15/2009 for $131,359, and was on the market for 185 days before it sold.

The highest sale price for the 85254 real estate market in the past 30 days, goes to the Condo that was sold in the past seven days that was already mentioned above.

When we compare the sales for the past 30 days, in the 85254 real estate market, we find that the average sales price was $226,595, and that it took an average of 161 days on market before sale. The High days on market was still the 914 days, and the low days on market was 11 days before the sale.

So far this year there have been 627 Scottsdale properties sold in the 85254 real estate market. The lowest price paid for a property in the 85254 real estate market this year, was $36,000, paid for a 544 sq-ft Townhouse, that was 1 bedroom, 1 bath, 1 car carport, built in 1984. The property was a Bank Owned property, that was last sold on 12/18/07 for $131,000, before the bank foreclosed. The property was on the market for a total of 134 days before it sold.

The highest price paid in the 85254 real estate market, so far this year was $2,150,000 for a 3,567 sq-ft corner penthouse, 3 bedroom, 2 bath, 2 car garage unit, built in 2008, at the Plaza Lofts. The unit was on the market for 28 days before the sale.

Here is a breakdown of all the sold property ranges this year so far:
1) Scottsdale Properties sold under 100K, there were 47 Properties in this price range.
2) Scottsdale Properties 100K to 200K, there were 115 Properties sold in this price range.
3) Scottsdale Properties 200K to 300K, there were 220 Properties sold in this price range.
4) Scottsdale Properties 300K to 400K, there were 146 Properties sold in this price range.
5) Scottsdale Properties 400K to 500K, there were 57 Properties sold in this price range.
6) Scottsdale Properties 500K to 600K, there were 20 Properties sold in this price range.
7) Scottsdale Properties 600K to 700K, there were 8 Properties sold in this price range.
8) Scottsdale Properties 700K to 800K, there were 5 Properties sold in this price range.
9) Scottsdale Properties 800K to 900K, there were 1 Properties sold in this price range.
10) Scottsdale Properties 900K to 1 Million, there were 3 Properties sold in this price range.
11) Scottsdale Properties over 1 Million, there were 5 Properties sold in this price range.

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COMPARING LAST YEARS SALES TO THIS YEARS SALES IN THE 85254 REAL ESTATE MARKET
There were 532 Properties sold in the 85254 real estate market, for the same period of time in 2009. When we compare last years sales to this years sales, for the same time from January 1st to September 20, we find there were 95 more sales for this year than last.

The lowest priced sale last year for the same time period was $69,500, for a 743 sq-ft, 1 bedroom, 1 bath, condo built in 1993. The unit was bank owned and was on the market for 190 days before it sold. The unit had last sold on 06/19/2007 for $188,900, before the bank foreclosed.

The highest sales price paid for the same period last year, in the 85254 real estate market, was $1,889,000 for a 3,604 sq-ft, 3 bedroom, 3.5 bath, penthouse, at the Landmark, built in 2007. The unit was on the market for 259 day before the sale, and the unit started at an asking price of $2,298,000 when it was first listed.

Here is a breakdown of all the sold property, for last year, in the following price ranges:
1) Scottsdale Properties sold under 100K, there were 4 Properties in this price range.
2) Scottsdale Properties 100K to 200K, there were 84 Properties sold in this price range.
3) Scottsdale Properties 200K to 300K, there were 187 Properties sold in this price range.
4) Scottsdale Properties 300K to 400K, there were 133 Properties sold in this price range.
5) Scottsdale Properties 400K to 500K, there were 77 Properties sold in this price range.
6) Scottsdale Properties 500K to 600K, there were 17 Properties sold in this price range.
7) Scottsdale Properties 600K to 700K, there were 12 Properties sold in this price range.
8) Scottsdale Properties 700K to 800K, there were 5 Properties sold in this price range.
9) Scottsdale Properties 800K to 900K, there were 2 Properties sold in this price range.
10) Scottsdale Properties 900K to 1 Million, there were 4 Properties sold in this price range.
11) Scottsdale Properties over 1 Million, there were 4 Properties sold in this price range.

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THE RENTAL MARKET IN THE 85254 REAL ESTATE MARKET
There are currently 123 active rentals in the 85254 real estate market. The price range starts at $510/ month for a 1 bedroom, 1 bath, 1 carport, unfurnished condo, built in 1984.
The highest priced rental is $10,000 per month for a 2,855 sq-ft Penthouse Loft, with 2 bedrooms, 3.5 baths, 3 car garage, fully furnished in the Kierland Lofts.

Here are how the prices breakdown for the rentals in the 85254 real estate market:
1) 85254 Rentals between $500 to $1,000 per month, there are 26 Rentals in this price range.
2) 85254 Rentals between $1,000 to $1,500 per month, there are 38 Rentals in this price range.
3) 85254 Rentals between $1,500 to $2,000 per month, there are 18 Rentals in this price range.
4) 85254 Rentals between $2,000 to $2,500 per month, there are 21 Rentals in this price range.
5) 85254 Rentals between $2,500 to $3,000 per month, there are 9 Rentals in this price range.
6) 85254 Rentals between $3,000 to $3,500 per month, there are 4 Rentals in this price range.
7) 85254 Rentals between $3,500 to $4,000 per month, there are 3 Rentals in this price range.
8) 85254 Rentals between $4,000 to $4,500 per month, there are 1 Rentals in this price range.
9) 85254 Rentals between $4,500 to $5,000 per month, there are 1 Rentals in this price range.
10) 85254 Rentals between $5,000 per month or more, there are 2 Rentals in this price range.

Well that is what the 85254 real estate market looks like right now, in this third week of September, 2010.
If you have any real estate questions, or you are interested in Buying, Selling, or Investing in the Scottsdale 85254 real estate market, or any Scottsdale real estate, or real estate in any of the surrounding areas, Call Jim at 602-284-6833 or Grace at 602-617-0529. We are here to provide you with the best possible real estate representation that you can get in Scottsdale, or any of the other cities in the area.

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Sep
22

85254 Real Estate Market Update

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Welcome to 85254 Homes For Sale, and this 85254 Real Estate Market Update, for 09/22/2010.

In this update we are going to take a look at the following areas:
1) How many active listings there are in the 85254 real estate market.
2) We are then going to break down those numbers into single family detached homes and other Scottsdale Real Estate.
3) We are going to talk about the sales in the past week, and the sales in the past month, and how many sales there have been this year.
4) Then we will compare sales for this year to sales for last year.
5) We are going to let you know about the rental market in the 85254 real estate market. How many rentals are there, and what are the rental rates like.

85254 Homes For Sale is glad to have you here, and we always encourage you to ask any questions that you have. There is never any obligation to use any of our services, and the information is always FREE! It is our experience that the lack of information is what is usually the most costly, especially in real estate.
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THE NUMBER OF ACTIVE LISTINGS IN THE 85254 REAL ESTATE MARKET
There are currently 438 active listings in the MLS for the 85254 residential real estate market. The price range of the listings starts at $7,795 for a Time Share at the Scottsdale Sonoran Villas. This is a 1 bed,1 bath 1 car garage Patio Home/Townhouse that is being offered for Short Sale at an asking price of $60,000. This 85254 property has been on the market for 40 days, and was purchased in 2006 by the current owner for $189,000.85254 Homes For Sale85254 Homes For Sale
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The highest priced active listing in the 85254 real estate market, is this 3,946 sq-ft Penthouse unit built in 2007. This Penthouse has 4 bedrooms, 3 baths, balcony, and a 1 car garage, and is located in the Landmark. 85254 Homes For Sale85254 Homes For Sale
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ACTIVE SINGLE FAMILY DETACHED SCOTTSDALE HOMES FOR SALE
When we take a look at all the active listings in the 85254 real estate market, and break down the total number of 438, to determine how many of that number are Scottsdale homes for sale, we find there are 326 Active Single Family Detached Homes in the 85254 real estate market.

When we look at the price range of the Scottsdale homes for sale, we find the prices start at $165,000, and top at $1,995,000. The starting price Scottsdale Home is a 3 bedroom, 2 bath, 2 car garage home, sitting on a 9,718 sq-ft lot, and was built in 1983. This home is being offered as a Short Sale, for the bank approved asking price of $165,000. This home was last purchased by the seller on 04/21/2006 for a sale price of $345,000.85254 Homes For SaleThis home has had many upgrades since it was purchased in 2006. Basically there is a complete new look and feel to this home. This Scottsdale home is a great buy at the current asking price.85254 Homes For Sale
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When we take a closer look at how the 85254 real estate market looks, we find the following price points, and the number of homes in that range.
1) Scottsdale Homes 200K or less: There are 24 Scottsdale homes in this price range.
2) Scottsdale Homes 200K to 300K: There are 109 Scottsdale Homes in this price range.
3) Scottsdale Homes 300K to 400K: There are 98 Scottsdale Homes in this price range.
4) Scottsdale Homes 400K to 500K: There are 49 Scottsdale Homes in this price range.
5) Scottsdale Homes 500K to 600K: There are 11 Scottsdale Homes in this price range.
6) Scottsdale Homes 600K to 700K: There are 13 Scottsdale Homes in this price range.
7) Scottsdale Homes 700K to 800K: There are 7 Scottsdale Homes in this price range.
8) Scottsdale Homes 800K to 900K: There are 3 Scottsdale Homes in this price range.
9) Scottsdale Homes 900K to 1 Million: There are 3 Scottsdale Homes in this price range.
10) Scottsdale Homes over 1 Million: There are 9 Scottsdale Homes in this price range.
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The highest priced Active Listing in the 85254 real estate market goes to this Scottsdale Luxury Home.

If you vlick on the picture of this property you will be able to watch a virtual tour of the property. This Scottsdale Home has 7,000 sq-ft of luxury living space, 5 bedrooms,7 baths, 4 car garage, pool, and all the upgrades that you would expect to find in a Scottsdale Luxury Home. This Scottsdale home is sitting on a 25,473 sq-ft lot, and was built in 2005.
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CONTINUED ON PAGE TWO

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Jul
27

85254 Scottsdale Real Estate Market

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Welcome to the 85254 Scottsdale real estate market update. This article is going to be about the amount of active listings that are single-family homes in the 85254 area, and the amount of land are owned and short sale or pre-foreclosure properties that are also available as active listings in the 85254 area.

As of July 27, 2010, there are 282, Scottsdale 85254 homes for sale that are active single family listings.

When we look at the number of short sale active listings that are 85254 homes for sale, we find that there are 80. If you look at the numbers of short sale listings, 23 of them are also listed as Pre-Foreclosure.

Taking a look at the 85254 homes for sale that are single family homes, and also bank owned, active listings, we find there are 25.

If my math is working correctly today, that means there are 105 Scottsdale 85254 homes for sale that are in the category of bank owned, short sale, or pre-foreclosure.

If we then take the number of bank owned, pre-foreclosure, or short sale homes, and divide them by the number of active listings, we find that there are about 37.2% of the 85254 homes for sale that are not a normal sale.

On the good side of the news, we see that there are then 62.8% of the listings that are normal sales, of all the 85254 homes for sale.

Now lets look at the price range of the active single family homes for sale in 85254. In the area of bank owned 85254 homes for sale, there are 4 Scottsdale homes for sale under 200K. There are 11 85254 homes for sale that are in the price range of 200-300K, and we are still talking bank owned Scottsdale homes. There are 6 bank owned 85254 homes for sale in the 300-400K range. There are 2 85254 bank owned homes for sale in the 400-500K range, one at 685K, and one at 1.850 million.

Remember, it is always best to get Realtor representation, before you start looking for that perfect Scottsdale 85254 home for sale, or any home for sale in Arizona.

85254 Homes For Sale

This Is A Bank Owned Home Asking $179,900

85254 Homes For Sale

This Scottsdale 85254 Home For Sale Is Asking $229,900

85254 Homes For Sale

This Scottsdale 85254 home is asking $314,500

85254 Homes For Sale

Same $314,500 Scottsdale home

85254 Homes For Sale

This Scottsdale 85254 Home Is Asking $475,000

85254 Homes For Sale

This Is A Scottsdale 85254 Home For Sale Asking $684,800

85254 Homes For Sale

This Is The Highest Priced Bank Owned 85254 Home For Sale, Asking 1.850 Million

Well that about does it for this report on the real estate market in the 85254 homes for sale, section of Scottsdale Arizona.

Remember, when you need real estate services and information about the 85254 homes for sale, we are here to be of service to you. We can also help you with real estate services and information in all other parts of Scottsdale and the surrounding cities.

If you want to get further information about the homes pictured here you can click the picture, and you can also give us a call, Jim 602-284-6833, or Grace 602-617-0529. You can also send us an email.

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Jul
14

85254 Homes For Sale Is Live!

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Welcome to 85254 Homes For Sale. We are glad that you found us, and we want to let you know right up front, that we are here to be of service to you for all your real estate needs in the 85254 area, and other areas of Scottsdale,Paradise Valley,and Phoenix as well.

The main real estate brokerage behind this and many other websites on the internet, is Az Realty Results L.L.C., located right here in Scottsdale, Arizona. Az Realty Results has been around since 2004. James Michale Swartz, the owner and Designated Broker has been in the area since 1976.

When it comes to providing the best possible service and information in the area, 85254 Homes For Sale is going to be the best source you could have in making all your real estate dreams a reality.

The 85254 area is often referred to as the Magic zip code. The homes in 85254 all have a Scottsdale Address, with Paradise Valley School district, and Phoenix city services.

When it comes to 85254 Homes For Sale that are currently active listings in the MLS, there are 403 Active listings as of the writing of this article. In that number of 403 Active listings, there are condos, and single family homes.

The price range of the Active Listings, ranges from a starting price of $60,000 for a 743 sq-ft, short sale Condo at Bella Terra, built in 1993, that is 1 bedroom, 1 bath, 1 car carport, to $3,750,000 for a 3,919 sq-ft Penthouse at Kierland, built in 2008, with 3 bedrooms, 3.5 baths, and a 2 car garage.

When it comes to 85254 rental properties listed in the MLS, there are 143 Active listings, as of the writing of this article. The rental prices range from $580/month for a 1 bedroom, 1 bath, 1 car carport Condo at Discovery At Tatum Place, to $10,750/month the Penthouse that was already mentioned in the for sale section.

We will be providing this type of information and much more on a regular basis. We will be providing even more information in our weekly FREE Newsletter. It is easy to sign up for the FREE Newsletter. Just fill in your name and a valid email in the box on the upper right of this website.

I hope that everyone is having a fantastic day, and that you will have an even better tomorrow.

Categories : 85254 Market
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