Closings Closings continue at a solid pace, with over $10.5 million last week. There were a greater than usual number of handyman specials in the mix. Hence the average home sold for just $1.3 million. Despite the age of the homes, they sold at a substantial $373 per square foot. The weighted average year of construction was 1988. New Listings
There are 10 new listings, ranging from $1.1 - $3.5 million. Three standouts that I would recommend seeing sooner than later:
3+ Acres in Prime Location with Views Having sold a home down the street just weeks ago, I am very familiar with the extraordinary appeal of this intimate neighborhood of large lots gazing upon Camelback Mountain. Centrally located, you can walk to the Sanctuary Resort -- and yet it also feels as peaceful and serene as a nature preserve. There's a 4,000 square foot home on the property, but you'd probably want to tear down or extensively remodel it. Lot is large enough that it can be split, so you can potentially sell an acre and still have plenty to build your dream home. Offered at $3.5 million.
Bargain Home on Acre+ Flat Lot This tastefully remodeled home offers 4 bedrooms, all en suite. There's a 4 car garage, salt water pool, mature landscaping, and a high quality kitchen. Substantial value here at the asking price of just under $1.4 million, don't delay on this one.
To see all of this week's new listings please click here.
To see everything on the MLS in Paradise Valley please click here.
That's all for this week, I'll be back next week with all the latest in Paradise Valley real estate.
Thank you,
Alex GoldsteinSearchParadiseValleyProperties.com iParadiseValley.com
(480) 442-7325
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