November and December 2013 Paradise Valley Arizona real estate market update

Happy New Year!  Before we look ahead to 2014 lets evaluate the November and December 2013 market activity.  The median home price in Paradise Valley Arizona dropped slightly in November but soared in December landing at $1,575,000.  This is up 44.5% since December 2012. New listings, new contracts and closed sales were down a bit from previous months which is typical of the busy holiday season.   This is how December shaped up:  51 new listings, 33 new contracts and 37 closed sales.  The hot seller’s market is starting to cool off and balance out the market.  Would be a great time for buyers on the fence to make a move!  We anticipate and active first quarter 2014!

Considering a purchasing or selling a property in Paradise Valley?  Take advantage of the great market conditions and get your home listed for sale.

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://www.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.