Experts & Expertise in Our Home Market
Positive Signs Showing in Residential Real Estate’s Challenging Market
New listings climbed 15.8% for the rst half of 2024 compared to last year, based on the latest data from Phoenix REALTORS®. The month-over-month median sales price was up just 1.5%. Days on the Greater Phoenix market dropped more than 11% for the year’s rst half.
“It’s still a challenging marketplace, and the number of homes on the market is growing,” says Sheryl Bowden, board president of Phoenix REALTORS. “With interest rates down nearly a point from last winter, houses are selling faster.”
For the rst half of 2024, the days on the market dropped from 72 last year to 64 this year, down signi cantly from the same period in 2023. Even with more homes on the market, homes are moving more quickly than a year ago.
The median sales price climbed just 5.7% compared to the rst six months of 2023, now at $479,900 compared to $454,000 a year ago. The percentage of asking price buyers receive remains steady at more than 98%, a level that has been constant for more than a year.
“It’s encouraging to see more people putting homes on the market,” Bowden says. “With the over 6,100 new listings in June,
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we have a strong 3.6-month inventory of more than 16,400 homes right now.”
Sales activity for the year’s rst half was down compared to 2023. Pending sales dropped 9.9%, and closed deals fell 4.8% across the metropolitan area.
Four North Valley cities are starting to see real estate changes due to the Taiwan Semiconductor Manufacturing Company fabrication facility ramping up hiring in Deer Valley. The large employers opening in the Valley to support the giant semiconductor fabrication plant are adding more employees, which is a positive sign for the real estate market. The companies have started their rst rounds of hiring, paving the way for a promising future.
“Many new employees are coming from outside Greater Phoenix,” says Bowden. “Housing demand will increase with their arrivals. Phoenix, Scottsdale, Peoria and Surprise will be most impacted, as the data shows that the market is changing in those areas.” —Mike Hunter
Phoenix REALTORS phoenixrealtors.com
Top Residential Real Estate Leaders and Companies
As a part of our issue on housing, we have profiled the Top Residential Real Estate Leaders and Companies in the Valley. These leaders are among the most experienced and successful real estate brokerage firms and agents in all parts of the Valley. Each has been asked to provide information on their organizations and expertise. In Business Magazine officially recommends these residential real estate companies, individual leaders and their agents to our readership. We hope our readers will see the benefit of this information as they or their friends and colleagues are looking for residential real estate services in Greater Phoenix.
At-a-Glance
COMPANY NAME: America One Luxury Real Estate
MAIN LOCAL OFFICE:
6900 E. Camelback Rd., Suite 860
Scottsdale, AZ 85251
PHONE: (480) 390-6050
WEBSITE: sandrawilken.com
TOP SPECIALIZED AREAS:
• Luxury Sales and Development
• Paradise Valley
• Gainey Ranch
• Scottsdale
• Concierge Services
At the top
Steven H. Nielsen, Broker
Sandra WilkenAmerica One Luxury Real Estate
Maximilian de Melo & Patrick Niederdrenk, Owners & Managing Partners
Allison Ikeler, Realtor, Transaction Manager PRINCIPAL AGENTS/ EXECUTIVES
Wilken
Sandra Wilken has earned a long-standing reputation for providing her clients with highquality professional services — all with a personal touch. Drawing on Wilken’s unique background in architecture, design, marketing and sales, she worked with developers to complete several world-class developments, the latest being Gainey Ranch from 1985 to 1995. Through her extensive network of clients, she is the go-to associate broker and real estate advisor for anyone looking to buy or sell in Gainey Ranch, Scottsdale and Paradise Valley. Wilken’s goal is to truly offer rstclass service for any and all needs of the seller or buyer — essentially offering a ONE-STOP-SHOP for all real estate needs
She was approached by a company that she held high regard for: America One Luxury Real Estate. Over the years, they have taken real
estate, construction, and concierge to a new level. She decided to join America One Luxury Real Estate, a boutique one-stop-shop trusted and established in the Valley since 1988. Wilken is proud to extend the service offerings, including concierge services, to her clients and partners. She prides herself in being aligned with the best in the business and continuously services prestigious clientele in Arizona and the remainder of the U.S. with America One’s exclusive partnership with Douglas Elliman / Eklund Gomes Team, the most successful luxury team in the country.
“Since joining the rm, Sandra and Allison have been top producers! We are honored to have them as part of our great team,” say Maximilian de Melo and Patrick Niederdrenk, owners & managing partners.
Sandra
Bridge Real Estate & Relocation Concierge
Bridge Real Estate & Relocation Concierge is a long-standing Phoenix-based real estate company with residential sales and corporate relocation expertise. All Bridge clients receive the support of their personal Bridge Concierge Team, so they need to focus on decision making only, not the myriad of details associated with real estate transactions.
For executives considering selling homes or investment properties, their Bridge Concierge team manages all aspects of the project: from vendor management during property preparation to professional staging, culminating with widespread international marketing exposure. Since rst impressions are paramount and buyer decisions can occur in split seconds, Bridge offers clients the service and expertise to maximize their investment and sell within desired timelines.
For all buyers, including those relocating from other parts of the world, Bridge Real Estate Concierge has a Relocation Division specializing in helping ensure smooth housing transitions. Unlike most relocation companies, Bridge helps with all types of housing: renting or purchasing homes, luxury properties or investment properties.
With Metro Phoenix being so vast and diverse, Bridge Relocation Division helps clients focus rst on the community. This is different from other real estate rms. We rst look at what ts with lifestyle and hobbies, then schools, and only then …
housing. Using this approach, Bridge helps people avoid making costly mistakes.
In our 20+ years in Greater Phoenix, we’ve served more than 1,000 clients, from local Phoenicians to professionals from 26 different countries To help smooth the move, our domestic and international concierges answer people’s transition questions before they arrive and long after they move here. Whether it be the right tennis club, dance studio or dentist, the Bridge domestic and international concierge helps create a smooth transition.
All Bridge Realtors come from corporate backgrounds and must earn their certi cation as a Bridge Local Area Housing Expert. This certi cation builds deep negotiation skills, local market knowledge of unique community amenities available today and what’s coming soon. Fluent in six different languages, Bridge also has bilingual real estate professionals on staff who have strong cultural understanding of people from different parts of the world.
All Bridge clients experience white-glove treatment, including enjoying their favorite drinks and snacks while doing community tours and house hunting.
Attesting to its value delivered, Bridge enjoys long-term client relationships and double-digit revenue growth. Executives and Arizonans call on Bridge Real Estate Concierge whenever residential housing or relocation comes to mind.
COMPANY NAME: Bridge Real Estate & Relocation Concierge
MAIN LOCAL OFFICE: 2801 E. Camelback Rd., Suite 200 Phoenix, AZ 85015
PHONE: (602) 770-3311
WEBSITE: BridgeRelocation.com, BridgeREConcierge.com
NATIONALLY HEADQUARTERED: Phoenix
MANAGING PARTNER: Paige Heavey
NO. OF YEARS WITH FIRM: 19
YEAR ESTABLISHED LOCALLY:
Paige Heavey Fine Properties Group established 2005; Re-named Bridge Relocation Concierge, LLC in 2018
TOP SPECIALIZED AREAS:
• Concierge service o erings taking the workload o busy people so they only need to focus on decision making.
• All licensed realtors are Bridge certified, including negotiation and local market expertise.
• Domestic and international relocation concierges.
• Business owners, executives and physicians.
• Professionally certified in home staging.
At the top
PRINCIPAL AGENTS/ EXECUTIVES
Paige Heavey, Founder and President
Certified Bridge Housing Specialists:
Wendy Chovnick
Alli Dubberly
Rebecca Chen
Martin Lopez
Jim Casartelli
Christine Cothrun
Kristy Morgan
Lynne Edson
Susan Evans
Concierges: Marsha Kennedy
At-a-Glance
COMPANY NAME: Cambridge Properties
MAIN LOCAL OFFICE: 14602 N. Tatum Blvd. Phoenix, AZ 85032
PHONE: (602) 493-5100
WEBSITE: cambridgeproperties.com
NATIONALLY HEADQUARTERED: Phoenix
MANAGING PARTNER: Keith Mishkin
CEO & President, Designated Broker
NO. OF YEARS WITH FIRM: 30
YEAR ESTABLISHED LOCALLY: 1994
TOP SPECIALIZED AREAS:
• New Homes
• Urban Living
• Builder Services
• Commercial
Cambridge Properties
Cambridge Properties has felt the growing pulse of luxury + urban living in the Metro Phoenix area for more than 20 years, and is recognized as one of the Valley’s premier residential brokers. With more than $2 billion in sales and more than 10,000 new-build and single-family homes sold at all price points, Cambridge Properties is at the forefront of this exceptional market for smart, vibrant, urban dwellers.
In addition to nding and selling our clients’ dream homes, Cambridge Properties has worked with developers across the Valley, providing them the edge needed to exceed their sales goals.
Founded in 1994, Cambridge Properties is recognized as one of the Valley’s premier brokers for luxury residential living. Most notably, since 2003 Cambridge Properties has closed more than $2 billion in new home sales of urban-lifestyle developments as well as single-family homes in Metro Phoenix. CEO Keith Mishkin directly oversees a highly experienced team of seasoned industry professionals and all aspects of the sales and marketing of a community from inception through completion.
With more than 10,000 homes sold in all price points, notable experience includes The Residences at 2211 Camelback, Esplanade
Place across from Biltmore Fashion Park, and Montelucia in Paradise Valley. In addition to the award-winning New Home Sales division, Cambridge Properties has a boutique resale and investment division with several of the top sales professionals in the market today.
By combining experience, knowledge and a true passion for the industry, our team of professionals has an unwavering commitment to exceeding expectations. Since 1994, our goal is to create lifetime relationships by helping clients de ne and achieve their own real estate objectives. Each relationship begins by listening with genuine care and understanding, then making suggestions and developing strategies based upon years of experience and a keen awareness of the current real estate market. We negotiate on our clients’ behalf with the highest level of professionalism, ability and con dence.
Everyone on the Cambridge Properties Team understands the only way to achieve our professional success is to help our clients realize theirs. We honor that level of trust by treating each client and their transaction the same as we would a valued family member. We look forward to working together.
Portico by Belgravia Group; an incredible luxury 112 condominium community coming soon
Keith and Cory Mishkin
Joan Levinson Realty ONE Group
Consistently one of the Top 50 agents in the nation, Joan Levinson won awards as the Number 1 Real Estate Agent in Arizona in various media outlets in each year from 2017 to 2022. This includes ranking as #1 in 2022 in “The Thousand, as advertised in The Wall Street Journal”, #1 in the Phoenix Business Journal in each of 2020,2021 and 2022, and being named by Newsweek as one of “America’s Best Realtors, 2020”. She has ranked among the Top 250 Realtors in the Nation in each year since 2017, including ranking #40 in 2022. She is Arizona’s Premier Luxury Real Estate Expert.
For over 35 years, Joan has specialized in the nest estates in Paradise Valley, Scottsdale, Phoenix, and Arcadia. Joan and her properties have appeared throughout TV and multiple major media outlets, including The Wall Street Journal, Forbes, Newsweek, Fox, ABC, NBC, Architectural Digest and more.
A record-breaking Realtor with a median sale price around $7 Million and over $2 billion in career sales, Joan is laser focused on the highest end of the luxury market and the most prestigious properties. According to all-time Arizona MLS records as of May 2023, she has represented twice as many clients in residential purchases
and sales over $12 million than any other agent in state history. This includes multiple sales featured in The Wall Street Journal, the most expensive home sold in Paradise Valley history, and the then most expensive home sale in Arizona history.
Her real estate work is focused on discretion and white-glove concierge service. Many of her properties are sold off-market in private “pocket” listings. Her discerning clientele including multiple owners of professional sports teams, CEOs of Fortune 500 companies, professional athletes, and celebrities, who have come to rely on her honesty, creativity, enthusiasm, negotiating skills, and comprehensive knowledge of the luxury real estate market.
Over 80% of Joan’s business is from referrals of past clients.
Early in her career, Joan was named to the “International Who’s Who of Entrepreneurs” and also specialized in Commercial Real Estate, where she was multiply recognized as a “Top 5 Commercial Realtor in Scottsdale”.
Joan has lived in Paradise Valley for over 35 years and has acted as an advisor to the Town. She is currently serving a fourth term on the Board of Trustees of the Paradise Valley Mountain Preserve Trust.
COMPANY NAME: Joan Levinson Luxury Agent / Realty ONE Group
MAIN LOCAL OFFICE: 11211 N. Tatum Blvd.
Paradise Valley AZ 85028
PHONE: (480) 998-5673
WEBSITE: www.joanlevinson.com
MANAGING PARTNER: Joan Levinson
NO. OF YEARS WITH FIRM: 36
YEAR ESTABLISHED LOCALLY: 1988
TOP SPECIALIZED AREAS:
• Luxury
• O -market Private Listings
• Concierge Service
Joan Levinson
COMPANY NAME: Silverleaf Realty
MAIN LOCAL OFFICE:
18801 N. Thompson Peak Pkwy., Suite 100 Scottsdale, AZ 85255
PHONE: (480) 502-6902
WEBSITE: silverleafrealty.com
HEADQUARTERED: Scottsdale, AZ
MANAGING PARTNER: Mike Sweeney, Designated Broker/Sales Associate
NO. OF YEARS WITH FIRM: 24
YEAR ESTABLISHED LOCALLY: 2000
TOP SPECIALIZED AREAS:
• Luxury Real Estate
• Relocation Services
• International Buyers
• Concierge Services
• Athlete Representation
Silverleaf Realty
Silverleaf Realty’s exceptional expertise and focus on luxury properties is incomparable — no one understands the community, the lifestyle or the allure like we do. In addition to continually attracting new quali ed buyers, we have represented repeat buyers and sellers in multiple transactions. We understand our audience; we know what they want, where to nd them, and the best channels to reach them. Clients may work with one of our associates exclusively, but our entire team stands behind each individual. We devote 100% of our time providing the highest level of service to our clients. Since 2002, our exceptional expertise and depth of experience speaks for itself.
The Silverleaf Realty team is comprised of experienced, results‐driven individuals who are passionate about real estate. We know the luxury home market and understand the af uent community. Carefully selected, we bring passion, expertise and enthusiasm — all invaluable when delivering the outstanding performance that our clients deserve.
Silverleaf Realty has been an integral part of the Silverleaf community before the rst roads were even paved. The Silverleaf Realty team has
the most expertise on the past, present and future of this remarkable community.
Silverleaf Realty is a locally owned and operated real estate company dedicated to providing a luxury buying and selling experience throughout Arizona. A team of highly regarded Arizona-based agents assists customers with real-time knowledge and expertise from three locations: North Scottsdale, Old Town Scottsdale and Northern Arizona.
Silverleaf Realty specializes in real estate services throughout the Valley. Because of our team’s long-term involvement with homes and land for sale in these cities and communities, we are able to offer our clients – buyers, sellers and builders alike – a matchless level of knowledge, experience and expertise when it comes to the real estate services they need in Arizona’s marketplace.
Experts in luxury real estate, Silverleaf Realty agents specialize in providing guidance to buyers and sellers in the Valley’s most prestigious addresses. Located in the Silverleaf Sales and Information Center in Canyon Village in DC Ranch, our team offers in-depth knowledge about the many real estate opportunities and rich lifestyle available in the area.
Steele & Davis Private Client Group
In the thriving landscape of Phoenix’s West Valley, the Steele & Davis Team of Russ Lyon Sotheby’s International Realty stands out as a beacon of expertise and dedication. Comprised of Camden and Britany Steele, along with Patricia Davis, this dynamic trio brings an unparalleled blend of strategic insight, creative vision, and meticulous attention to detail to every real estate transaction.
Camden’s strategic mind, Patricia’s creative air, and Britany’s precision ensure a seamless and rewarding experience for their clients. This family team is part of the exceptional Private Client Group, committed to serving the growing community of Verrado and beyond. For the Steele & Davis Team, real estate is not just a business; it’s about building stronger communities and helping individuals achieve their dreams.
Their commitment to philanthropy and service is at the heart of everything they do, making a positive impact on the lives of those they work with. The team’s association with the Private Client Group at Russ Lyon Sotheby’s International Realty, further elevates their capabilities. The Private Client Group’s mastery in marketing, real estate, and business development provides the
Steele & Davis Team with resources and exposure that ensure client transactions are handled with thoughtful and artful precision.
The Steele & Davis Team leverages the heritage and integrity of the Russ Lyon brand, a name synonymous with luxury and superior market expertise for over 70 years, combined with the 270-year legacy of Sotheby’s. This collaboration brings a tradition of character, equity, and exceptional service, bene ting sellers locally and globally.
As part of the chairman’s board of the Private Client Group, Steele & Davis and their fellow PCG team members sold over $300 million in 2023, ranking #1 in Arizona for large teams by volume and #30 nationally. They are among the top 0.0165% of agents nationwide, a testament to their formidable presence in the industry. This powerhouse team is proud to offer high-quality service to all in the West Valley, generating exceptional business with intentional care.
For those seeking unparalleled real estate expertise backed by a legacy of excellence, the Steele & Davis Team is ready to serve with dedication and distinction.
COMPANY NAME: Steele & Davis Private Client Group
MAIN LOCAL OFFICE: 6900 E. Camelback Rd., Suite 110
Scottsdale, AZ
PHONE: (602) 573-2288
WEBSITE: steeleanddavisrealtors.com
PRINCIPAL AGENTS/EXECUTIVES:
Patricia Davis, Market Expert
Camden Steele, Market Expert
Britany Steele, Marketing Director
NO. OF YEARS WITH FIRM: 30
YEAR ESTABLISHED LOCALLY: 1994
TOP SPECIALIZED AREAS:
• New Homes
• Urban Living
• Builder Services
• Commercial
Camden Steele, Britany Steele and Patricia Davis (l to r)
At-a-Glance
COMPANY NAME: Russ Lyon Sotheby’s International Realty
MAIN LOCAL OFFICE:
6900 E. Camelback Rd., Suite 110 Scottsdale, AZ 85251
PHONE: (480) 287-5200
WEBSITE: russlyon.com
OFFICES IN METRO PHOENIX: 13
NATIONALLY HEADQUARTERED: Scottsdalre, AZ
MANAGING PARTNER: Jim Lyon, Chairman; Todd Gillenwater, CEO
NO. OF YEARS WITH FIRM: 20
YEAR ESTABLISHED LOCALLY: 1952
TOP SPECIALIZED AREAS:
• Luxury Real Estate
• Relocation Services
• International Buyers
• Concierge Services
• Rental Properties
• Property Management
At the top
PRINCIPAL AGENTS/ EXECUTIVES
Kevin Gonzales, Branch Manager, Pinnacle Peak
David Friedman, Branch Manager, Carefee & Desert Mountain
Cathy Green, Branch Manager, Southeast Valley
Sherri Monteith, Managing Broker, Camelback Tower
Will Rose, Branch Manager, Tucson
Tod Christensen, Branch Manager, Sedona
Gary Brasher, Branch Manager, Tubac
Bret Lamberson, Branch Manager, Flagsta
Cindy Smith, Branch Manager, West Valley
Russ Lyon Sotheby’s International Realty
Russ Lyon Sotheby’s International Realty has gathered realty craftsmen dedicated to the ideals of integrity and professionalism. From the ownership, management, agents and af liate services, every person involved in the company utilizes innovative skills, programs and technologies to create the nest real estate services company to be found.
The mission of Russ Lyon Sotheby’s International Realty is to provide its clients with the most responsive personalized service attainable — nothing less will do. The environment within Russ Lyon Sotheby’s International Realty is unique in the industry. Seasoned management innovatively supports the efforts of the company’s members to create a dynamic and inspiring
atmosphere that invigorates and hones the skills of everyone involved.
Collaboration and networking are fostered to create a synergy that puts the whole company to work for every client. The artistic blending of proven traditions and state-of-the-art innovation is unsurpassed. These assets are positioned on a base of nancial stability and corporate staying power.
Our agents bring the highest level of service and technology to today’s homebuyers and sellers, expanding our reputation as the most respected name in real estate. Our agents strive to deliver real estate experiences beyond expectations to enhance the lifestyles of our clients.
Walt Danley Christie’s International Real Estate
Walt Danley Christie’s International Real Estate is one of the nation’s most prestigious and successful luxury real estate rms, specializing in Arizona’s most af uent neighborhoods. Named one of the “35 Most In uential People in Luxury Real Estate,” founder and president Walt Danley started his real estate career in Paradise Valley more than 40 years ago and has consistently placed among the top 1% of real estate agents in the United States. He has assembled a growing team of top luxury real estate specialists and opened his namesake brokerage in 2011.
Our rm consistently lands a place on REAL Trend’s The Thousand list in the categories of top-producing agent and teams, including the No. 1 ranking in Arizona. We have earned a reputation as the premier luxury residential real estate brokerage in Arizona by combining profound market knowledge, expertise and the largest inventory of million-dollar estates within Arizona.
In collaboration with our partners at Christie’s Luxury De ned, we present international homes with special spaces to survey the stars. From a Gothic Irish castle with its own glassed-in viewing area to a Caribbean waterfront retreat with a private observatory, these spectacular residences are ideal vantages for gazing at the stars and observing celestial events.
Our team knows this market and we know the luxury brand. Arizona luxury homes are always in high demand, and those that offer spacious home of ces or libraries with impeccably designed wood elements tend to attract the most exclusive homebuyer. From wood-coffered ceilings to towering bookcases made of mahoganies and oaks, interior spaces featuring a high attention on wood often invoke a more relaxing and cozy atmosphere. These decorative features also blend perfectly with the surrounding Arizona landscape, where nature’s beauty is often easily viewable from the windows of the library or home of ce itself.
Nothing about selling one’s home is easy. The process proves nancially and emotionally complex for even the most seasoned seller. For a smooth transaction and stress-free transition, a seller must put the same thought and care in deciding with whom to list as they would a nancial advisor, attorney or CPA.
With an unparalleled track record of successfully delivering results to our clients, our agency’s comprehensive marketing methodology is customized for each property, ensuring that each home is put in front of the largest pool of quali ed buyers. We refer to this systematic approach to marketing as The Danley Method.
COMPANY NAME: Walt Danley Christie’s International Real Estate
MAIN LOCAL OFFICE: 3545 E. Indian School Rd. Phoenix, AZ 85018
PHONE: (480) 450-1518
WEBSITE: waltdanley.com
HEADQUARTERED: 1
MANAGING PARTNER: Walt Danley
NO. OF YEARS WITH FIRM: 13
YEAR ESTABLISHED LOCALLY: 2011
TOP SPECIALIZED AREAS:
• Luxury Real Estate
• Relocation Services
• International Buyers
• Concierge Services
