INSIDER
2023 LUXURY REPORT
NOBLE BEING
THE NOBLE AGENCY | INSIDER
FROM THE CEO
MONICA MONSON
I am excited to see what the local real estate market has in store for us this year. The past two years have been a whirlwind, with record-high sales, multiple offers, and skyrocketing prices in the Phoenix Metropolitan area. However, as we entered the second half of 2022, we witnessed a market shift. The summer selling season was affected by increased rates, inflation, and cautious buyers across all price ranges. This trajectory led us to a more balanced but complex market.
Nevertheless, the new year has begun with higher demand and renewed optimism for a strong 2023. Closings are on the rise, and the area continues to attract both domestic and international buyers seeking high-end properties and Arizona’s year-round lifestyles. Our premium amenities, stunning views, and easy access to natural attractions drive growth and a desire to live here. Moreover, our region boasts a robust economy, low cost of living compared to other luxury markets, favorable tax policies, and a first-class reputation as a full-time and second-home destination. Businesses worldwide are relocating here, driving job growth and further fueling the real estate market.
We are confident that the Arizona real estate market will continue grow steadily this year. There may be a few bumps along the way, but that’s where our expert advisors come in. We have access to two international networks of the industry’s top thought leaders, cutting-edge technologies, off-market global projects, succession and family office planning resources, and more to help you achieve real estate success. Most importantly, we are here to serve you.
With much gratitude and integrity,
Monica Monson Founder + CEO, Designated Broker The Noble Agency
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GRATITUDE INTEGRITY
LUXURY
Luxury Real Estate in the Valley
Despite a slight slowdown towards the end of the year, the luxury real estate market remained robust in 2022. While we witnessed a pullback from the pandemic-driven frenzy of the previous two years, the uber-luxury market ($5M+) experienced significant growth. We were thrilled to see 155 homes sell for over $5 million, representing an impressive 3% increase from the previous year. Even more impressive, these luxurious properties sold at an astonishing rate of nearly 40% faster than in previous years. In a standout transaction, 2022 also saw the most significant residential transaction ever recorded.
The jaw-dropping 21,150 square foot estate in one of North Scottsdale’s most desirable neighborhood of Silverleaf sold for a record-breaking $28.1 million.
Despite concerns over rising interest rates and inflation, the uber-luxury market remained mostly cash-driven, insulated from the everyday realities of the larger economy. Although there was a brief uptick in housing supply early in the year, it proved to be short-lived; this further exacerbated the pressure on home prices, solidifying 2022 as another strong Seller’s market. On average, luxury homes in Maricopa
County sold for an impressive $485.14 per square foot, representing a 12.8% increase from 2021.
In total, nearly $11 billion dollars were spent on luxury real estate in 2022, marking another phenomenal year for the Valley’s luxury real estate market. Looking forward to 2023, we anticipate that prices and demand will hold steady, with Americans continuing to leverage our strong dollar wherever it has the most significant impact, which could likely mean secondary cities and properties abroad.
THE NOBLE AGENCY | INSIDER
GREATER PHOENIX | 2022
5 LUXURY RECAP 13% INCREASE $10.6 BILLION Arizona Ranked #5 in Population Growth Total Luxury Sales Volume for 2022 Arizona’s Highest Residential Sale for 2022 Sold Price Per Square Foot Year-Over-Year LUXURY SALES Market Data Source: Arizona Multiple Listing Service Maricopa County Residential Real Estate Closings $1M+ $28.1 MILLION #5 GROWTH
LUXURY SNAPSHOT CITY-SPECIFIC
Market Data Source: Arizona Regional Multiple Listing Service
A deeper dive into some of the Valley’s top cities for luxury real estate.
THE
| INSIDER
NOBLE AGENCY
SCOTTSDALE #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 1,782 $473.30 44 $2,000,000 - $2,999,999 414 $586.06 49 $3,000,000 - $3,999,999 202 $690.71 72 $4,000,000 - $4,999,999 74 $745.36 85 $5,000,000 - $5,999,999 31 $829.88 69 $6,000,000 - $6,999,999 10 $844.19 111 $7,000,000 - $7,999,999 6 $971.38 69 $8,000,000 - $8,999,999 5 $1,010.73 140 $9,000,000 - $9,999,999 5 $1,015.21 45 $10,000,000 - $14,999,999 4 $1,100.02 70 $15,000,000 - $19,999,999 - -$20,000,000 + 1 $1,328.61 87 PARADISE VALLEY #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 79 $612.29 50 $2,000,000 - $2,999,999 85 $658.50 78 $3,000,000 - $3,999,999 82 $722.30 69 $4,000,000 - $4,999,999 48 $705.85 75 $5,000,000 - $5,999,999 30 $812.93 111 $6,000,000 - $6,999,999 15 $834.25 69 $7,000,000 - $7,999,999 16 $931.11 109 $8,000,000 - $8,999,999 2 $936.58 66 $9,000,000 - $9,999,999 4 $1,045.61 104 $10,000,000 - $14,999,999 14 $1,235.34 81 $15,000,000 - $19,999,999 - -$20,000,000 + 1 $ 1,334.52 171 Market Data Source: Arizona Regional Multiple Listing Service | Maricopa County 7
EAST VALLEY #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 624 $333.29 37 $2,000,000 - $2,999,999 62 $426.74 52 $3,000,000 - $3,999,999 6 $465.49 76 $4,000,000 - $4,999,999 2 $ 515.39 104 $5,000,000 + 1 $674.43 1 CHANDLER, GILBERT, MESA WEST VALLEY #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 190 $343.45 42 $2,000,000 - $2,999,999 17 $442.37 50 $3,000,000 - $3,999,999 2 $378.45 54 $4,000,000 + - -PEORIA, GLENDALE, SURPRISE THE NOBLE AGENCY | INSIDER
PHOENIX #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 843 $426.38 46 $2,000,000 - $2,999,999 133 $655.59 58 $3,000,000 - $3,999,999 42 $752.81 34 $4,000,000 - $4,999,999 12 $804.70 23 $5,000,000 - $5,999,999 5 $584.23 169 $6,000,000 - $6,999,999 2 $652.21 126 $7,000,000 - $7,999,999 3 $1,105.86 50 $8,000,000 + - -FOUNTAIN HILLS #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 118 $421.37 49 $2,000,000 - $2,999,999 34 $501.08 77 $3,000,000 - $3,999,999 8 $715.36 48 $4,000,000 - $4,999,999 2 $ 596.40 34 $5,000,000 + - -CAVE CREEK #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $1,000,000 - $1,999,999 182 $404.02 65 $2,000,000 - $2,999,999 29 $547.26 44 $3,000,000 - $3,999,999 3 $756.41 133 $4,000,000 - $4,999,999 3 $797.03 87 $5,000,000 + - -Market Data Source: Arizona Regional Multiple Listing Service | Maricopa County 9
Publishing Powerhouse & Style Maven
An Exclusive Look into the Interior Design World of Kelly Persellin
When it comes to luxury living, there is no one quite as fabulous as style influencer and Modern Luxury InteriorsScottsdale Publisher Kelly Persellin. With her finger on the pulse of local and worldwide design trends, Persellin is at the epicenter of the Valley’s interior design scene. Her exquisite style, radiating aura, and Valleywide connections make her an expert in the world of luxury.
In 2023, we can expect to see bold pops of color in our living spaces, with bright and rich shades and unexpected hues taking center stage. Texture will also play a significant role in design, with natural elements like wood and stone
and luxurious fabrics such as velvet, faux fur, and knitted rugs adding a comforting touch to any room. Lighting is another focus for homeowners in 2023, with beautiful light fixtures and statement pieces throughout the home becoming increasingly popular. As Persellin puts it, “lighting is the jewelry of the home. Great lighting can completely change the look and feel of a room, taking it to a whole different level.”
Two rising design trends that we can expect to see more of in 2023 are uber-luxury closets and multiple kitchens. A well-designed closet not only efficiently stores and
displays your belongings but is also one of the home’s most intimate rooms. Designing a walk-in closet is a matter of space organization but also of style, with closets becoming real showcases of luxury and elegance.
In terms of entertaining, creating second kitchens or prep kitchens is becoming increasingly popular. This allows homeowners to keep their primary kitchen as a dining area free from the mess of food prep and dirty dishes, while still having a space to prepare meals.
Wellness is also becoming a focus for luxury homeowners
with lighting automation, massage rooms, meditation spaces, and state-of-the-art filtration systems all on the rise. As Persellin notes, “We want our home to support how we live.”
In conclusion, when designing a luxury home, Persellin’s advice is to invest in a great design team that includes an architect and an interior designer who will listen to your wants and needs and introduce you to new ways of living in your home. Persellin says, “Ultimately, a beautiful home is a reflection of who you are and it should wrap its arms around you, making you feel comfortable and secure in your personal sanctuary of luxury living.”
THE NOBLE AGENCY | INSIDER
“Luxury focuses on things that are going to last, not things that are trendy.”Photography by Carl Shultz
STRENGTH SERVICE EXPERTISE YEARS OF SERVICE SINCE 1847 CELEBRATING chicagotitlearizona.com
Hot Interior Design Trends For 2023
Wall to Wall
From neutrals to bold colors, wallpaper is making a huge comeback in 2023. Bolder colors and bigger patterns are taking hold. Expect to see wallpaper doubling as art and say goodbye to one-dimensional, boring walls.
Step Up Your Style
One of the quickest ways to refresh your floors is to add a rug. When it comes to modern design, organic rugs are going to rule the roost. Jute, bamboo, sisal, and other creative mediums. Don’t feel limited to neutral tones. Vibrant combos and hot standout elements are key. Interesting rug shapes are probably one of the biggest trends. The soft fluid shapes extend across a space and are a great way to bridge open spaces.
Bold And Beautiful
While lighting serves a function don’t forget that it can also be beautiful. Sculptural statements will lead the way this year. Pendants still reign supreme but table and floor lamps are making a huge impact. Layered lighting is becoming increasingly popular. Apart from being trendy and stylish, it provides many functional benefits allowing you to create different zones in your space. And ultimately, different levels of lighting are needed to devise the perfectly lit interior.
Reclaiming the Past
2023 is bringing forth an exciting range of options when it comes to home furnishings. From the alluring and curvaceous silhouettes to statement stoneware, there’s no shortage of eye-catching designs. Reclaimed styles of the past are back in vogue and continue to be a popular choice among homeowners who crave an eco-friendly touch in their decor. Whether you’re looking for classic or contemporary, this year promises endless possibilities to create a unique and inviting space in your home.
Swirl Pendant | Luminesy
Midnight Garden Thistle northandnether.com
Disko Table Lamp | delightful.eu
Blanc D’ivoire Cercle Round Rug sweetpeaandwillow.com
Botanical Collection Snake 8 covethouse.eu
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Cameron Green Art Deco Diamond bobbibeck.com Orange Fox | abigaleborg.com
Cocoon Explosion Suspension Lamp hommes.studio
Eichholtz Agostino Sofa | sweetpeaandwillow.com
Atomic Table Stone | covethouse.eu
Brody Chair | mindtheg.com
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Tapas Shapped #48 hommes.studio
LUXURY NEIGHBORHOODS
DESERT HIGHLANDS
SCOTTSDALE
CHANGE (YEAR OVER YEAR)
% TO WATCH
A detailed look into some of the top communities in the Valley. HOMES SOLD HOMES 49% 33 AVERAGE $ / SQFT DOLLARS 45% $635.72 AVERAGE SALES PRICE DOLLARS 36% $2.9M SALES TO LIST PERCENT 4% 102% AVERAGE DAYS ON MARKET DAYS 41% 43 SHEABLVD BELL RD HOMES SOLD HOMES 58% 31 AVERAGE $ / SQFT DOLLARS 16% $503.55 AVERAGE SALES PRICE DOLLARS 12% $1.8M SALES TO LIST PERCENT NO CHANGE 100% AVERAGE DAYS ON MARKET DAYS 26% 39
PARADISE VALLEY THE NOBLE AGENCY | INSIDER
WINDGATE RANCH
DESERT MOUNTAIN SILVERLEAF DC RANCH COUNTRY CLUB Market Data Source: Arizona Multiple Listing Service - Closed Single-Family Residences $1M+ in 2022 CAVE CREEK / CAREFREE HOMES SOLD HOMES 42% 137 AVERAGE $ / SQFT DOLLARS 21% $658.32 AVERAGE SALES PRICE DOLLARS 10% $3M SALES TO LIST PERCENT 1% 96% AVERAGE DAYS ON MARKET DAYS 27% 88 HOMES SOLD HOMES 63% 34 AVERAGE $ / SQFT DOLLARS 24% $819.77 AVERAGE SALES PRICE DOLLARS 21% $5.6M SALES TO LIST PERCENT 2% 98% AVERAGE DAYS ON MARKET DAYS 36% 73 PIMARD PINNACLEPEAKRD HOMES SOLD HOMES 37% 20 AVERAGE $ / SQFT DOLLARS 24% $698.44 AVERAGE SALES PRICE DOLLARS 19% $3.9M SALES TO LIST PERCENT 97% AVERAGE DAYS ON MARKET DAYS 48% 52 SCOTTSDALERD NO CHANGE 15
ARCADIA
A detailed look into some of the top communities in the Valley. HOMES SOLD HOMES 58% 27 AVERAGE $ / SQFT DOLLARS 24% $534.11 AVERAGE SALES PRICE DOLLARS 26% $2.0M SALES TO LIST PERCENT 98% AVERAGE DAYS ON MARKET DAYS 16% 53 HOMES SOLD HOMES 36% 97 AVERAGE $ / SQFT DOLLARS 23% $741.23 AVERAGE SALES PRICE DOLLARS 11% $3.0M SALES TO LIST PERCENT 98% AVERAGE DAYS ON MARKET DAYS 23% 44 CHANGE (YEAR OVER YEAR) % NO CHANGE 1% THE NOBLE AGENCY | INSIDER
BILTMORE TO WATCH LUXURY NEIGHBORHOODS
PARADISE VALLEY CACTUS CORRIDOR PARADISE VALLEY SCOTTSDALE CAVE CREEK / CAREFREE Market Data Source: Arizona Multiple Listing Service - Closed Single-Family Residences $1M+ in 2022 HOMES SOLD HOMES 24% 312 AVERAGE $ / SQFT DOLLARS 24% $417.15 AVERAGE SALES PRICE DOLLARS 20% $1.1K SALES TO LIST PERCENT 100% AVERAGE DAYS ON MARKET DAYS 6% 32 HOMES SOLD HOMES 26% 425 AVERAGE $ / SQFT DOLLARS 20% $689.01 AVERAGE SALES PRICE DOLLARS 6% $3.5M SALES TO LIST PERCENT NO CHANGE 98% AVERAGE DAYS ON MARKET DAYS 33% 68 SHEABLVD PIMARD PINNACLEPEAKRD BELL RD SCOTTSDALERD NO CHANGE 17
VISTANCIA 85383
GLENDALE 85310
HOMES SOLD HOMES 48% 19 AVERAGE $ / SQFT DOLLARS 45% $378.45 AVERAGE SALES PRICE DOLLARS 50% $1.6M SALES TO LIST PERCENT 3% 98% AVERAGE DAYS ON MARKET DAYS 56% 51
HOMES SOLD HOMES 48% 4 AVERAGE $ / SQFT DOLLARS 45% $281.86 AVERAGE SALES PRICE DOLLARS 50% $1M SALES TO LIST PERCENT 3% 98% AVERAGE DAYS ON MARKET DAYS 56% 50 ARROWHEAD RANCH HOMES SOLD HOMES 48% 1 AVERAGE $ / SQFT DOLLARS 45% $306.01 AVERAGE SALES PRICE DOLLARS 50% $1.1M SALES TO LIST PERCENT 3% 93% AVERAGE DAYS ON MARKET DAYS 56% 64 SUN CITY GRAND HOMES SOLD HOMES 48% 5 AVERAGE $ / SQFT DOLLARS 45% $347.13 AVERAGE SALES PRICE DOLLARS 50% $1M SALES TO LIST PERCENT 3% 103% AVERAGE DAYS ON MARKET DAYS 56% 11 SURPRISE HOMES SOLD HOMES 48% 20 AVERAGE $ / SQFT DOLLARS 45% $379.71 AVERAGE SALES PRICE DOLLARS 50% $1.2M SALES TO LIST PERCENT 3% 99% AVERAGE DAYS ON MARKET DAYS 56% 57 TO WATCH NEIGHBORHOODS A detailed look into some of the top luxury communities in the West and East Valley. 303 LOOP 303 LOOP 101 LOOP AZ-60 101 LOOP I-17 WEST GLENDALE PEORIA SURPRISE VALLEY THE NOBLE AGENCY | INSIDER
MESA 85213
MESA 85207
GILBERT 85296
GILBERT 85298
CHANDLER 85286
HOMES SOLD HOMES 48% 108 AVERAGE $ / SQFT DOLLARS 45% $355.89 AVERAGE SALES PRICE DOLLARS 50% $1.4M SALES TO LIST PERCENT 3% 99% AVERAGE DAYS ON MARKET DAYS 56% 34
HOMES SOLD HOMES 48% 30 AVERAGE $ / SQFT DOLLARS 45% $309.40 AVERAGE SALES PRICE DOLLARS 50% $1.5M SALES TO LIST PERCENT 3% 97% AVERAGE DAYS ON MARKET DAYS 56% 56
HOMES SOLD HOMES 48% 111 AVERAGE $ / SQFT DOLLARS 45% $338.17 AVERAGE SALES PRICE DOLLARS 50% $1.3M SALES TO LIST PERCENT 3% 100% AVERAGE DAYS ON MARKET DAYS 56% 39
HOMES SOLD HOMES 48% 107 AVERAGE $ / SQFT DOLLARS 45% $345.24 AVERAGE SALES PRICE DOLLARS 50% $1.4M SALES TO LIST PERCENT 3% 99% AVERAGE DAYS ON MARKET DAYS 56% 38
HOMES SOLD HOMES 48% 31 AVERAGE $ / SQFT DOLLARS 45% $323.73 AVERAGE SALES PRICE DOLLARS 50% $1.3M SALES TO LIST PERCENT 3% 101% AVERAGE DAYS ON MARKET DAYS 56% 31
CHANDLER 85249
HOMES SOLD HOMES 48% 45 AVERAGE $ / SQFT DOLLARS 45% $331.99 AVERAGE SALES PRICE DOLLARS 50% $1.4K SALES TO LIST PERCENT 3% 98% AVERAGE DAYS ON MARKET DAYS 56% 32 202 LOOP 202 LOOP 101 LOOP AZ-87 AZ-60 EAST CHANDLER GILBERT MESA VALLEY 19
YOU, ME, AND THE SEA
Welcome to the world’s most innovative worldclass yachting club and community.
For many, a property with an ocean view is one of the most coveted. No matter the season, gazing out into the vast ocean and watching the sunrise and sunset is a breathtaking experience. Even on cloudy or rainy days, there’s something remarkably uplifting, refreshing, and often euphoric about sailing. Few experiences compare, which is one of the main reasons why yachting is an attractive consideration for many.
There is no question that owning a yacht can be an expensive and frustrating venture. From acquisition and dockage fees to constant maintenance and repairs, countless hours can be spent diminishing those precious moments on the water. As the old joke goes, the two best days in a boat owner’s life are the day they buy a boat and the day they sell it. With the average boat owner using their boat just 25 days a year, you have to wonder, is there a better option?
Chartering a boat can be one of those options, but that is often a hit-or-miss proposition. You can send multiple emails, question if the pictures of the boat are even real, and keep your fingers crossed that it is not a scam. Most importantly, you aren’t aware of their safety standards.
Exclusive Yachts
exclusiveyachts.club THE NOBLE AGENCY | INSIDER
Co-Founder - Josh Linkner
SEAS THE DAY!
With over 15+ years in charting worldwide, founders Bill Charbonneau and Josh Linkner set out to change the narrative in the yachting world. According to Josh, “There’s nothing more glorious than being out on the water. You’re in nature, in fresh air creating big beautiful memories, but at the same time, I thought that the current ways to get out on the water were flawed.” Together they saw an opportunity to do it better and created the world’s most innovative world-class yachting club and community, Exclusive Yachts. Exclusive Yachts is a subscriptionbased membership delivering memorable on-sea experiences and unforgettable moments that can be shared with your family, friends, and colleagues. Members have access to a fleet of yachts of different sizes and locations worldwide, giving them ultimate flexibility. Every detail of your time on an Exclusive Yacht is professionally curated and managed by a team dedicated to creating a genuinely exclusive on-shore and at-sea experience.
MAKING WAVES
One might think this opportunity is just for the elite, but according to Josh, “Membership programs are really much more affordable than you might think.”
As a member, you’ll have unlimited worldwide access to bespoke yachting experiences that are stripped of the typical inconveniences that a boat owner would endure at a fraction of the cost. With individual and corporate memberships available, are you ready for an experience for a lifetime?
Contact The Noble Agency for an exclusive introduction.
21
LUXURY IS THE FEELING OF HOME
THE NOBLE AGENCY
THE NOBLE AGENCY | INSIDER
AFFORDABLE LIFESTYLES
MARKET RECAP A
ccording to recent Census data, Maricopa County experienced a substantial surge in population growth in 2022, with 56,831 new residents added to the area due to domestic migration. The top 10 cities in the Valley for home sales were Queen Creek, Maricopa, Buckeye, Sun City, Sun City West, Casa Grande, Peoria, Goodyear, Scottsdale, and Buckeye.
During the first three quarters of the year, sellers had a decisive advantage in the market. However, the rapid increase in interest rates during the fourth quarter abruptly changed the dynamics, resulting in the emergence of a long-awaited buyer’s market. Buyers were offered some hope as property prices stabilized towards the end of the year. Unfortunately, this was short-lived as interest
rates continued to climb, leading to a near standstill in the market.
Despite the challenging conditions at year’s end, the affordable lifestyles sector experienced significant growth in 2022, with an overall volume increase of 7% compared to 2021. Moreover, the average price per square foot hit an impressive $318.13, representing an astonishing 18.4% increase from the previous year.
As we enter 2023, the Valley’s affordable lifestyles market has once again changed direction. With a steady decline in inventory, a slight dip in interest rates, and an increase in pricing, we are once again on an upward trend. Although we’ll unlikely see the same conditions as in the past two years, the future appears bright for sellers.
2022
CAVE CREEK #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 75 $337.52 43 $600,000 - $699,999 79 $325.49 38 $700,000 - $799,999 84 $334.39 42 $800,000 - $899,999 75 $338.30 40 $900,000 - $999,999 55 $342.10 43 CHANDLER #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 662 $296.57 33 $600,000 - $699,999 486 $279.52 37 $700,000 - $799,999 289 $271.88 37 $800,000 - $899,999 192 $272.43 40 $900,000 - $999,999 102 $280.79 38 23
North of Glendale Avenue GILBERT #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 1,102 $287.59 32 $600,000 - $699,999 709 $280.92 32 $700,000 - $799,999 413 $275.11 33 $800,000 - $899,999 208 $275.10 34 $900,000 - $999,999 141 $289.38 39 FOUNTAIN HILLS #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 49 $331.48 49 $600,000 - $699,999 36 $335.31 36 $700,000 - $799,999 59 $350.62 44 $800,000 - $899,999 55 $335.99 35 $900,000 - $999,999 36 $344.78 45 GLENDALE #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 496 $255.57 33 $600,000 - $699,999 240 $265.16 35 $700,000 - $799,999 114 $267.78 37 $800,000 - $899,999 60 $282.23 51 $900,000 - $999,999 24 $314.22 49 THE NOBLE AGENCY | INSIDER
NORTH PHOENIX #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 994 $295.70 35 $600,000 - $699,999 728 $302.18 38 $700,000 - $799,999 545 $310.31 38 $800,000 - $899,999 304 $323.41 41 $900,000 - $999,999 192 $334.20 48 MESA #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 1,256 $274.23 33 $600,000 - $699,999 634 $269.44 33 $700,000 - $799,999 336 $272.24 35 $800,000 - $899,999 181 $285.76 35 $900,000 - $999,999 94 $292.83 33 Market Data Source: Arizona Multiple Listing Service, Single Family Residences PEORIA #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 624 $261.91 34 $600,000 - $699,999 405 $264.79 35 $700,000 - $799,999 228 $276.19 38 $800,000 - $899,999 147 $287.34 30 $900,000 - $999,999 1 $349.42 83 25
SCOTTSDALE #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 225 $364.72 43 $600,000 - $699,999 458 $386.06 37 $700,000 - $799,999 511 $394.04 38 $800,000 - $899,999 462 $404.17 36 $900,000 - $999,999 418 $404.91 38 THE NOBLE AGENCY | INSIDER
SURPRISE #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 666 $233.27 36 $600,000 - $699,999 256 $238.65 38 $700,000 - $799,999 97 $264.05 45 $800,000 - $899,999 40 $295.44 41 $900,000 - $999,999 15 $311.88 69 TEMPE #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 333 $308.32 32 $600,000 - $699,999 178 $306.83 31 $700,000 - $799,999 102 $313.47 28 $800,000 - $899,999 41 $295.19 34 $900,000 - $999,999 19 $322.22 27 SOUTH PHOENIX #CLOSINGS AVG. PRICE/SF AVG. DAYS ON MRKT $500,000 - $599,999 709 $309.22 36 $600,000 - $699,999 482 $330.14 37 $700,000 - $799,999 314 $358.33 39 $800,000 - $899,999 244 $358.06 40 $900,000 - $999,999 138 $390.73 37 South of Glendale Avenue 27
Providing honest, well-communicated, and knowledge-based lending experiences for over 27 years. 480.725.0150 kellyzitlowgroup.com 14635 N. Kierland Blvd., Ste. 140 | Scottsdale, AZ 85254 Kelly
NMLS ID# 2258. Not a commitment to lend. Borrower must meet qualifications.
Kelly Zitlow Group is not registered to originate loans in Maryland. Here to serve you in 38 states across the country to help you achieve all of your home purchase, second home, refinance, and investment property financial goals.
Zitlow, NMLS 164330. Cornerstone Home
Lending, a Division of Cornerstone Capital Bank, SSB. Cornerstone Capital Bank, SSB. Member FDIC.
The
WITH REACH ACROSS THE WORLD THE POWER OF GLOBAL CONNECTIONS
A global community of the world’s top real estate professionals representing exceptional luxury real estate, Who’s Who in Luxury Real Estate (LRE®) has been the premiere International network for over 40 years. Their website, LuxuryRealEstate.com, has remained the #1 portal for luxury properties on the Internet since 1995. The global relationships cultivated through our membership with Who’s Who in Luxury Real Estate provide referral opportunities and global promotion for your property.
REALM™ is the first collaborative real estate collective offering technology and services that optimize the unique experiences, lifestyles and passions of clients and customers. The REALM™ experience leverages the power of the global network to match qualified clients and buyers to properties based on lifestyle and passion rather than criteria. Powered with the most dynamic cloud software and web-based intelligent platform, our advisors are armed with access to wealth data and a network of the world’s most trusted and respected professionals and advisors worldwide.
SCAN ME www.thenobleagency.com Get started by finding your next address... THE NOBLE AGENCY | INSIDER
WE BELIEVE EXPERTISE WITHOUT EMPATHY IS FAILURE
Buying a home, securing a mortgage, building a future…these are deeply personal things. They are a culmination of hard work, with roots in dreams and aspirations. To go through the mortgage process is to make yourself open and vulnerable. You need people in your corner propelling you to success.
As problem solvers, we are willing to take the extra steps necessary and ask the revealing questions that lead to progress. Bison Ventures wants to be on your team.
We root for your success, and we take joy in your achievement. bisonventures.com | 480.992.9920
Bison Ventures, NMLS 2257632 | 9221 E Via de Ventura, Ste 110 | Scottsdale, AZ 85281 | 480.992.9920 | bisonventures.com | Bison Ventures LLC is an Equal Housing Lender. Bison Ventures LLC is not affiliated with any government agencies. This is not an offer to enter into an agreement. Information, rates, and programs are subject to change without prior notice. All products are subject to credit approval. Other restrictions and limitations may apply. 31
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Isn’t it time you started each day in your own personal paradise? Let our lifestyle experts lead the way.
480.420.4LUX (4589) | thenobleagency.com 15551 N. Greenway Hayden Loop, Suite 200 Scottsdale, AZ 85260 The master class of luxury real estate.™