Category — Paradise Valley homes

Az Short Sales Stats update for 8/1/09

There are currently 31, 444 active homes on the Arizona Regional MLS.  of those 31, 444 homes about 7,300 are short sale listings or about 23%.  These short sale stats have not changed very much in the last week.

There are only 11,874 pendings though and we were showing over 13,000 at last look so more properties have been added to the market than the number of closed properties.

Phoenix Short Sales stats show about 7,077 total actives with 1,867 or 26% being short sales which is a decrease of 1% from last week.

Scottsdale short sales stats show 4,282 total actives with 659 Scottsdale short sale listings (15%) – no change from last week.

Paradise Valley short sales stats show 503 active Paradise Valley homes active with 42 of those being short sales (8%) – a 1% drop from last week.

The numbers haven’t moved much and the market continues to slide downwards.  We’ll have full July stats in the next few days.

Hi – I just wanted to update everyone and let you know that I have moved to a new office. I am now an Associate Broker at Arizona Realty One Group in Scottsdale, Az. I will continue to work as an Arizona real estate agent and will be bringing my team of Arizona short sale experts with me!

I was with Realty Executives Paradise Valley for 5 years and thought it was time for a change of environment.

Arizona Realty One Group is the largest brokerage in the State of Nevada and is now expanding into Arizona and California as well.

I’m excited to be part of their new office here in Scottsdale and am ecstatic about the opportunity to help a new company thrive here in the Valley of the Sun.

All of my contact information remains the same so please stay in touch!

The Paradise Valley real estate market is still taking on some pricing hits as the median home price drops again.  

I can recall :::so so long ago::: when Paradise Valley teardowns went from $400,000 to 1 million in what seemed like overnight…now here they come back down again! 

I guess even Paradise Valley homes aren’t bulletproof after all!