Inventories are slowing down which means "red zones" for Sellers.
Your listing success in Paradise Valley may vary based on supply and demand. This chart shows homes over $2,000,000 based on listings from the year 2009. Listing success has improved!
Scottsdale market share for third quarter 2018 remains strong for Russ Lyon Sotheby's International Realty.
2018 Market Share Statistics remain strong for Russ Lyon Sotheby's International Realty through third quarter.
Let's review listing success rates today. This is still well above the long-term average but is the lowest we have seen for a long time.
As we move into September mid month our supply in Paradise Valley continues to improve in most categories with the exception of 4+ million and 2.5-3 million (which remains similar to last months supply and...
Annual Appreciation - Scottsdale and Phoenix - 2nd Quarter
Inventories are "lower" in all categories except the 4-5 Millio price range. Under contracts slowed in the last 6 months except in over 5 million (2 of the 3 sales were NEW CONSTRUCTION).
One of the perks of listing a home is meeting all the family members and getting to know them, including their pets.
Look what's happened! Even homes 3-4 million are now in balanced supply in Paradise Valley. As I research the numbers however, this category is dominated by NEW CONSTRUCTION sales. Re-sale sales per square...