Scottsdale Horizon Market Update – November 2007

November 13, 2007

There are currently 11 active properties for sale in Scottsdale Horizon. Per ARMLS, the average asking price per square foot for the 11 homes is: $231/sq ft. The bank owned property at 9789 E Pine Valley Rd is back on the market, after having previously been under contract, with an asking price of just $174/sq ft.Asking prices in Scottsdale Horizon have been inching downward, with most properties that have been listed for sale longer than 30 days experiencing a price reduction.

In the last 30 days, 2 properties were taken off the market:

Address Size Price Price/sq foot
15007 N 100th Way 1490 $449,888 $302/sq foot
15175 N 100th Way 2523 $550,499 $218/sq foot

*data as of 11/13/2007, via ARMLS

Currently, no properties are in the sale pending status, waiting to close escrow.

In the last 30 days, 1 property closed escrow:

Address Size Price Price/sq foot Date
9866 E Pine Valley Rd 1677 $425,000 $255/sq foot 10/11/2007

*data as of 11/13/2007, via ARMLS

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