August 2016 Paradise Valley Arizona real estate market update

  By Joe Szabo, Scottsdale Real Estate Team Fall is here and the weather is finally cooling down! Our winter residents are returning to the Valley and we will soon see the influx of  visitors and buyers. Let’s take a close look at how the real estate market fared in August 2016.  New listings are up 7.1% from July with a total of 45 new listings vs. 42 in July.  New contracts were up by 10.3% and closed sales are up 70.8% from July.  The median sale went up from $1,050,000 in July to $1,145,000 in August. During these ups and downs in the market it is more important than ever to consult a real estate professional that knows the Paradise Valley market. Considering a purchasing or selling a property in Paradise Valley?  Call Joe and Linda Szabo – The Real Estate Experts!   We hope that you enjoy reading and analyzing the Paradise Valley Luxury Home Report and should you have any questions or comments, please feel free to Contact Joe Szabo at 480.688.2020 or email him directly at [email protected] or [email protected]. You can also visit https://www.AZLuxuryHomes.com or https://scottsdalerealestateteam.com to find out more about Paradise Valley Homes for Sale and Estates for Sale in Paradise Valley and to search the Paradise Valley MLS for Scottsdale Home Listings.   Please note that this Paradise Valley Real Estate Blog is for informational purposes and not intended to take the place of a licensed Paradise Valley Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale and Paradise Valley Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Paradise Valley, The Szabo group delivers experience, knowledge, dedication and proven results.