Scottsdale Real Estate Report

Jeff Kalina
RE
/MAX Excalibur

15160 North Hayden Road
Scottsdale, AZ  85260
Direct - (602) 625-4222
jeff@southwestrealestate.com

HOME | MONTHLY TRENDS | CITY GUIDES | BUYING | SELLING | SCHOOLS | ARTICLES | RELO GUIDE

Paradise Valley Real Estate Annual Market Trends

Although the median price for Paradise Valley homes increased last year, it was only by 1.1%. That is a far cry from the four years of double-digit gains posted from 2003 through 2006. The median price for the year was $1,921,235.

 
Paradise Valley
(Single-family Homes)
  Median Average Number     Percent Change
Price Price Sold SP/LP DOM Median Average Sold
2000 $913,000 $1,137,968 403 93.9% 100      
2001 $950,000 $1,147,334 332 92.8% 101 4.1% 0.8% -17.6%
2002 $885,000 $1,155,461 364 92.3% 132 -6.8% 0.7% 9.6%
2003 $1,000,000 $1,262,837 381 93.2% 135 13.0% 9.3% 4.7%
2004 $1,100,000 $1,385,251 447 94.3% 101 10.0% 9.7% 17.3%
2005 $1,500,000 $1,883,691 435 94.7% 123 36.4% 36.0% -2.7%
2006 $1,900,000 $2,445,873 288 93.4% 154 26.7% 29.8% -33.8%
2007 $1,921,235 $2,296,400 250 92.7% 176 1.1% -6.1% -13.2%

For detailed information on Paradise Valley homes, gated communities, country clubs or investment property, call or send me an e-mail. Better yet, fill out one of my forms. There's one for buyers and one for sellers of Paradise Valley real estate.


The Scottsdale Real Estate Report is published by:

Jeff Kalina
RE
/MAX Excalibur

15160 North Hayden Road
Scottsdale, AZ  85260
Direct - (602) 625-4222
jeff@southwestrealestate.com



© 2006 by http://southwestrealestate.com. All rights reserved


Monthly Trends

A month-by-month look at prices and sales.