December 2014 Paradise Valley Arizona real estate market update

Happy New Year!  With the holidays behind us it’s time to get back in gear and start 2015 off right.  Let’s take a look at how the Paradise Valley real estate market faired in December.  New listings are down from November with a total of 59 new listings vs. 68 in November.  This is a 13.2% decrease in new listings.  New contracts were down slightly from November by 13.9% however closed sales jumped a whopping 75% from the previous month, 42 in December vs. 24 from November.  The median sale dropped 13% from $1,195,000 in November to $1,039,500 in December.  December closed with a tremendous spike in closed sales – let’s hope this continues through January!  During these up and down activity months 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 Joe@ScottsdaleRealEstateTeam.com or Joe@AZLuxuryHomes.com. 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.