By the Numbers: July’s most expensive home Sale tops $5 Million in Silverleaf

Sold July 2014 1

By the numbers:

  • Most Expensive Home Sold $5,000,000 in Silverleaf & featured over 10,000 Sq. Feet with 6 bedrooms, and 7 bathrooms
  • 95 sales with a $1,000,000 Price Tag and up
  • The usual suspects: Paradise Valley, Arcadia, & Scottsdale hold the top 5 most expensive homes sold during July 2014
  • Average Home Sale $1,557,760 // Median Home Price $1,367,500. Both numbers this month are up from last month (June 2014 by the numbers)
  • Average Price per square feet $320
  • Average Days on Market 155
  • $154,591,450 was the sum ($1 M +) of money transferred, Wow!

The market although slower in total sales vs last month (95/113) the median & average home price went up a little, days on market down. All this indicates that the luxury home market is still hot right now and goes along with our hot weather.  It’s a great time for sellers & buyers in the high end market.


Sold July 2014

  • Sold Price: $5,000,000
  • Location: Scottsdale, AZ (Silverleaf)
  • Size: 5 BEDs / 7 Baths – 10,975 Sq. Feet

Sold July 2014 1

  • Sold Price: $3,875,000
  • Location: Phoenix, AZ (Arcadia)
  • Size:  5 BEDs / 6 BATHs – 6,700 Sq. Feet

Sold July 2014 2

  • Sold Price: $3,850,000
  • Location: Paradise Valley, AZ (Paradise Mansion Estates)
  • Size:  4 BEDs / 5.5 B ATHs – 7,405  Sq. Feet Sold Price: $3,850,000

Sold July 2014 3

  • Sold Price $3,575,000
  • Location: Scottsdale, AZ (DC Ranch)
  • Size: 5BEDs / 6.5BATHs –  7,921 Sq. Feet

Sold July 2014 4

  • Sold Price $3,100,000
  • Location: Paradise Valley, AZ (Cheney Heights)
  • Size: 5BEDs / 7BATHs –  7,141 Sq. Feet

Distressed Luxury Home Sales Ruled in March 2012, Was Excellent to The Luxury Home Market in the Phoenix Area! 10.5 Million, 5.3 Million, 4.8 & 4.2 Million Dollar Sales to name a few


March was an excellent month for Luxury Home Sales in the Valley of the Sun.  Bank owned homes ruled with three of the four most expensive homes sold were bank owned. The other was auction sale.  We finished strong with a 10.5 Million dollar Paradise Valley home sold, 5.3 Million dollar Scottsdale Home sold at auction, and a couple of 4 Million dollar homes in Paradise Valley and the Biltmore.

Price Tag = $17,900,000

Sold Price = $10,500,000

Beds: 7

Bath: 10

Square Feet: 17,015

Paradise Valley is back! $10,500,000 SOLD Mansion Highest Sale in Paradise Valley

Sold Price Tag: $5,350,000

Beds: 7

Bath: 9.5

Size: 10,000

Location: Scottsdale, Az

SOLD AT AUCTION – $35,000,000 Scottsdale mansion on 19.2 Acres Equestrian Potential or Build your private Golf Course

Sold Price Tag: $4,800,000

Beds: 6

Bath: 10

Size: 15,000

Location: Paradise Valley, Az

Sold Price Tag: $4,250,000

Beds: 9

Bath: 11

Size: 17,799

Location: Biltmore, Az


With inventory levels at an all time low, a home or condo in great showing condition and properly priced or a home or condo properly priced for its condition – absolutely critical criteria – will sell.  Many of us have clients who want to purchase but simply cannot find properties that meet those criteria. If you really want to sell, there is never been a better time – as long as you meet those criteria. Please call me 480.458.8007 if you would like to explore what the best possibility for your property is in today’s market!