December 2009 Scottsdale & Paradise Valley Residential Report
(Data thru end of month December)
Scottsdale market:
Sales remained strong for homes priced in the $400,000 to $1 million range.
Homes priced $400,000 to $1 million show continued robust activity as unit sales were up from 148 to 178 homes sold. Also listings were down by 2.5% as inventory is continuing to be absorbed. Inventories in the $1 million plus category remain high as December saw an increase in homes for sale.
Paradise Valley Market:
There has been a pretty slow steady rate of home sales except for December in the over $2 million catgory which saw a 100% increase in unit sale as year end came to be. Lets watch for January and see if that pace slackens. Overall active listings have remained pretty much at the same level from month to month.
http://www.premierazhomes.com/
Saturday, January 23, 2010
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