The Arcadia neighborhood in Silverleaf is one of the most sought after areas in the Valley and new homes are difficult to come by. Now CW is offering another of its Park Place series of homes and construction has started on this 5,041 square foot, 4 bed/4.5 bath single level home! Located on one of two neighborhood parks, with all the nearby construction complete, this home will be the perfect balance between lock-and-leave and family retreat. INTERIOR FINISHES AND FLOOR PLAN TO BE SIMILAR TO PICTURES, but you still have time to add your personal touch!
Builders own personal home custom hand built cabinets and both exterior and interior doors approx 2 inches thick knotty alder millwork. Travitine stone most of the 1st floor. Appliances are Viking everything and sub zero ref and freezer Gated community in North Scottsdale.
Stunning Desert Oasis: With an elevated perch in Desert Mountain's Apache Peak, this soft contemporary begins with sweeping valley and mountain views. Recent updates of wood plank and travertine flooring as well as stone accents and paint add to the warmth of the design. Flowing floor plan includes Formal Great Room framing the views, & kitchen/ family room with fireplace which opens to the outdoor cooking & dining patio. Master suite is spacious with its own fireplace & wall of windows. Outdoors enjoy the pool & spa all year long as this property was specifically oriented to capture the winter sun. Interior location ensures privacy as well. Furniture, art, & exotic cars in garage are all available on separate bill of sale. Close to community amenities & gates. Golf Membership Included.
Stunning architecture by Craig Brown and superior craftsmanship by Manship Builders culminate in this magnificent hillside beauty. Breathtaking views of the mountains, sunsets and endless city lights. Exquisite finishes and functional design elements including stone and wood floors, handhewn beams, stacked stone Great Room fireplace, and venetian plaster walls. Lavish master suite, study with builtins, comfortable guest suites, wine cellar, studio with private view terrace, elevator and complete entertainment level with game room, media, exercise room and powder bath. Well-planned outdoor spaces including a separate casita, pool, spa and natural waterfall add to the tranquility of the amazing outdoor living spaces. Can be sold with or without Desert Mountain Equity Golf Membership.
One of Scottsdale's finest estates perched on 2 lots in the renowned community of Estancia*Designed by Allen Tafoya & built by Randy Arnett, this home is situated on nearly two acres and has tremendous views of the 17th hole, city lights, sunsets & Pinnacle Peak*Masterful design of grand elegance, intimate spaces & seamless blend of indoor & outdoor living*Master retreat w/ separate sitting room, private view patio & his/hers bathroom*Upstairs office & game room w/ view deck provides endless views of the valley* Separate guest wing with 3 full suites*Dedicated fitness room*Formal and casual dining rooms with butler's pantry*No detail has been overlooked & only the finest materials have been used in this European style estate*
Monthly Market Report
See Video HereHomes | Luxury | New | Condos | Townhomes | Land | Rentals | Open HouseProperty Sales
March Property sales were 868, equal to 868 in March of 2017 and 31.3% higher than the 661 sales last month. March 2018 sales were at their highest level compared to March of 2017 and 2016. March YTD sales of 2,162 are running 4.6% ahead of last year’s year-to-date sales of 2,066.
PricesThe Median Sales Price in March was $452,250, up 7.7% from $420,000 in March of 2017 and up 4.2% from $434,000 last month. The Average Sales Price in March was $576,540, up 9.4% from $527,008 in March of 2017 and up 2.3% from $563,354 last month. March 2018 ASP was at the highest level compared to March of 2017 and 2016.
InventoryThe Total Inventory of Properties available for sale as of March was 3,355, up 13.2% from 2,964 last month and down 2.3% from 3,435 in March of last year. March 2018 Inventory was at its lowest level compared with March of 2017 and 2016.
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for March was 70, up 4.5% from 67 days last month and down 1.4% from 71 days in March of last year. The March 2018 DOM was at a mid level compared with March of 2017 and 2016.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The March 2018 Selling Price per Square Foot of $235 was up 1.5% from $232 last month and up 8.3% from 217 in March of last year.
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The March 2018 Selling Price vs Original List Price of 95.2% was down from 95.4% last month and up from 94.6% in March of last year.
Whether you’re thinking about buying or selling, you can contact me directly to discuss your local market. I’d love to be your trusted real estate advisor if you’re looking to make a change this year. Please feel free to contact me with any questions, as I will be happy to hear from you – Thanks!! (480)208-7955
Coldwell Banker Residential Brokerage