The luxury real estate market is changing. Desert Mountain buyers often ask me how the luxury market is doing. I continue to tell them that the luxury home market is improving on a monthly basis. Listings are
down and sales are up for homes priced $1 million and above. This is important news for anyone considering purchasing a luxury home in Desert Mountain. The tide is turning and the market is shifting. I have attached a graph below of the most recent market statistics of homes priced at $1 million and above in Phoenix and Scottsdale.
As you can see from the graph, the number of active listings has decreased from 1,822 to 1,679 while the number of luxury home sales has increased from 68 to 85 between May 1, 2010 and June 1, 2010.
I would be happy to review the current market conditions with you. Contact me to schedule an appointment to view any new homes in Scottsdale.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.DesertMountainHomesOnline.com
Voted in the Top 3 Realtors in Arizona every year 2015-2025, by Ranking Arizona Magazine. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
