Category Archives: Real Estate News

Luxury home Flips- Arcadia Az.

Under the category of Luxury home flips, the example below stands out. A Paradise Valley home flip nets investors a cool $700,000 Profit.  Arcadia and Paradise Valley home flips have become BIG business. Many of the current homes for sale in Arcadia are now "home flips". The remodeling/flipping trend is not stopping there, many of…
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Home prices in Arcadia Az are up

Home prices in Arcadia are up as of July 2016.

For those of you home buyers and sellers wondering how the market is in Arizona most sought after communities, please take a look at this stunning market trend. Home prices in Arcadia homes for sale are up a whopping 19.1% since the period ending May 2015.  Based on the study of all sales using average size homes and lot sizes excluding homes on over an acre. (for a full search criteria analysis please call me at 480-450-4632)

The average per square foot sales price as of July 6, 2016 in Arcadia, Arizona was $333.00.   Home prices in Arcadia have once again passed home prices in Paradise Valley AZ in head-to-head sales price comparisons. The average per square foot sales price in Paradise Valley, using the same criteria (available on request) had an average sales price number of $313.00 per square foot. The cumulative days on market was 108. The percentage of "ask" to sales price was 94%, studying sales between 1/5/2016 and  7/5/2016

This snapshot market report will be updated on a monthly basis. To receive a comprehensive analysis of your home's value in Scottsdale, Paradise Valley or Arcadia, AZ please call me OR fill out the contact form on this website.  The proper analysis of a home value incorporates more than 30 (thirty) value points. Most real estate professionals will study less than 5 of these, resulting in lower sales prices and listed homes languishing on the market for longer periods of times as the guessing continues.

Let's talk, whether buying or selling, I can assist you in making sure you either sell your Arcadia home for the highest market price or buy in order to earn the highest equity at closing.

Michael Chaisson
Russ Lyon Sotheby's International Realty
480-450-4632
Circle of 26 Award Recipient
Ranked in top 1% nationally

Behind the scenes, What people say about Michael Chaisson as a Realtor and comments on the dealing with today's real estate transactions.  SEE BELOW  7-12-16

"I appreciate how you operate, thank you!!  We had a very disappointing sale of our home in NJ last summer by a realtor who just wanted the "quick sale."  She promotes how many homes she sells, top realtor in NJ, etc.  anyway, she did not advocate for us at all and we felt we had no true representation by the end.  So needless to say, I am jaded, but I am not a professional and I know I need to find a realtor I can trust again when it comes to purchasing our next property". 

From - a very AWESOME  & new resident to Scottsdale.

 

 

 

 

HOME SALES TRENDS

    Market Trends Interesting article on Home Sales Trends, pointing out many of the thoughts I have shared with my buying and selling clients, noting we have seen jump in prices following the bottoming out of the Phoenix Market in August 2011. The Scottsdale / Phoenix market is now currently seeing a leveling off…
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Market Observations

Luxury Homes- Market Observations

 

 

Scottsdale - Arcadia Real Estate,  Market observations,  In other words.. what’s selling , and what's interesting in the Real estate market today.

One of the nicest home buys for the first half of December in Paradise Valley has been the sale of 5245 E PALO VERDE PL.. and might I say, based on “relevant sales” in Paradise Valley a nice market price , Congratulations to both buyers and sellers..

Exterior photo below, clearly a home with Arizona Adobe Charm..

The home built in 1971 listed for $1,799,000 on 9/21/2015 sold for $1,585,000 ; based on the size of the home 6336 square feet it sold for $250.00 per square foot, located on a 45,578 square foot lot.

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Other relevant sales included 1. A recent sale of a 6696 Square foot Paradise Valley home for 247.16 per square foot 2. A sale of a 5773 square foot Paradise Valley home for 268.49 per square foot and a 3rd sale in a less ideal part of Paradise Valley for 227.31 per square foot, with a total of 6599 square feet.

Enjoy an interior view of the recent sale of 5245 E. Palo Verde place below.
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For the latest in depth market observations and comprehensive statistical analysis... and buying and selling tips, Please feel free to call me at 480-450-4632. I specialize in luxury and architecturally significant  homes in Paradise Valley, Scottsdale and Arcadia.

Ranked in top 1% nationally and multiple award winning Realtor. My proudest accomplishment is rated #1 by Client Reviews.
Let's talk .