Closings Another big week for the super luxury market with 2 closings over $3 million, continuing our record pace for 2014.
There were $10.2 million in total closings last week on the MLS, ranging from $800k to $3.8 million. The average price was just over $2 million and $411 per square foot. The weighted average year of construction of this week's closings was 1984.
*** OFF MLS Hillside Contemporary The opportunity to see this home before it goes on MLS will soon be going away. If you are someone who appreciates contemporary design, and wants a turn-key home with views this is a must see. This home backs to the Preserve so no homes are above it. Located at the top of Biltmore Mountain Estates, it was meticulously finished to the very highest standards of interior design. No pictures can fully capture the attention to detail, it must be seen. Get an advance look at this home before it goes on the MLS. Offered at just under $2.8 million. --> Please click here for pictures
*** New Listings There were 9 new listings in this past week, ranging from $725k to $8 million. One home is under contract and the other closed, leaving 7 active listings as of the time I write this newsletter.
The standouts this week:
Soft Contemporary with Views Sitting on 1.6+ acres with views, this soft contemporary originally built in 1959 has tremendous possibilities. It's been remodeled in the past, but could still use someone with a vision to take it to the next level. Offered at $2 million.
Appealing, Practical Recent Build This 5 bedroom home was custom built in 2008 to a high level of finish. Wood and stone flooring, custom millwork, and canterra fireplace surrounds. Automated telescoping doors in the family room create indoor/outdoor entertaining spaces with the inclusion of the covered patio. Also has a chef's kitchen, wood paneled office, and wine cellar. Offered at $4 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 GoldsteinSearchParadiseValleyProperties.com iParadiseValley.com (480) 442-7325
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