Subject: Paradise Valley Weekly - 23 New Listings

It was another very active week in Paradise Valley with many new listings as well as closings. 

Closings
There were $12.2 million in closings last week, with activity dominated by teardown/remodels. Prices ranged from $810k to just under $2.3 million, with an average just over $1.2 million.

The average price per square foot was $292 with a weighted average year of construction of 1983. This dip below $300 is owing to the fact that many of the properties require extensive remodeling or were just selling for land value as teardowns.

New Listings
23 new listings this week ranging from $578k to $10 million. Below I have highlighted the homes that are especially noteworthy:

Massive Estate on Mummy Mountain
This 10 acre lot boasts some of the most spectacular views in Paradise Valley, and the adjacent 30 acres is also available for an even larger compound. It offers the extraordinary combination of a large flat yard high up on the hillside. The home is just under 13,000 square feet and was built in 1999. Features include gourmet kitchen, movie theater, exercise room, dance/yoga studio, art studio, office, children's wing, and separate guest quarters. This spectacular home is offered at $10 million.

Centrally Located Contemporary Home
This soft contemporary is just a moment's drive away from the shopping and restaurants of downtown Scottsdale. This 5 bedroom home was extensively remodeled in 2010 and offers wood flooring, custom cabinetry, a pool, and mountain views. It is quite well priced at $1.4 million -- just $305 per square foot.
--> Click Here for Report

Remodeled Southwestern Home
This warm, traditional Southwestern home sits in the heart of Paradise Valley on a flat lot just under an acre. This 4 bedroom home has been extensively remodeled and is turn-key ready for a family to move in. The resort style yard is well suited to entertaining, with a large pool. Offered at $1.8 million.

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
SearchParadiseValleyProperties.com
iParadiseValley.com
(480) 442-7325




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