Scottsdale Area Property Search. Coldwell Banker does a great job of providing it’s agents with a monthly publication called the “Market Watch”. This months Market Watch focuses on “Price per Square Foot” which is many times overlooked.
Dollars Per Square Feet Never Makes the Headline
Coldwell Banker Residential Brokerage
August, 2012 — We often hear headlines about the average sales price
going up, or it’s down from last month. With home prices, the trouble
with “average” is it does not give homeowners a very accurate picture of
what’s happening with their home. Average home prices are calculated by
dividing the total number homes sold during a fixed period into the total
of all sales prices.
Another measure of home prices is the “median” sales price where half of
all homes sold for less and half for more. As with “average”, the “median”
statistic does not give homeowners a very good picture of how much the
market value of their home has changed.
The other issue that comes into play is the size of a home. If one home has
1200 SF, and another home has 3000 SF, how does average sales price or
median sales price work for both? At best, average and median sales price
can only indicate a general trend.
That brings up dollars per square feet. This is not a statistic that is
commonly used in a headline, but it is a more meaningful number that
takes into consideration the size of a home. However, it is still an average,
and to complicate matters, there is a different $/SF depending on whether
the home was a foreclosure, a short sale or a “normal” sale, not to
mention location, condition and quality.
The best method of determining the value of a home is to look at
comparable homes with comparable amenities in comparable areas.
But that’s not anything you will ever read in a headline and requires a
great deal of research. The links on the right take you to what we call a
Trend Graph. They will show you how your area is trending, measured 19
different ways including dollars per square feet.
Additionally, I would be remiss if I didn’t mention that price is only one
factor. Today’s Interest rates are affecting demand, affordability and
lifestyle opportunities. If you are curious about your specific situation, I
would be happy to do the research to analyze the value of your home or
perhaps point you to some opportunities.
The numbers for the Phoenix Home Sales Metro Watch are as follows:
Foreclosures and REO’s continue to decline in our market as shown below:
We are experiencing price increases in price segments of the market as well as specific market areas. If you would like to know more about our market, please feel free to give me a call.
ARIZONA REAL ESTATE FOR SALE
Arizona Real Estate | Cities
Search for Scottsdale Arizona Real Estate For Sale, Cave Creek Arizona Homes For Sale, Carefree Arizona Homes For Sale, Rio Verde Foothills Arizona Homes For Sale, North Phoenix Arizona Homes For Sale.
Access to all MLS Listings by city.
Free Arizona MLS Search. Start your Real Estate Search by City NOW or Search by zip codes, 85266, 85331, 85263, 85377, 85262, 85255.
As a 35 year + full time veteran of the REAL ESTATE Industry, I understand what it takes to not only find the Home, Lot, Land, of your dreams, but also how to negotiate the minefield of real estate transactions. Not only am I a veteran of the real estate industry, I also live in the area I service.
An avid Golfer, Horseman and Baseball Fanatic, I know the pulse of the community. Todays buyer starts on the internet and spends an average of 5 months quietly perusing the information that is available. As this area tends to be buyers from outside the area my internet presence is a huge attraction.
I regularly update my material and have additional pages that I maintain with up to date information on such platforms as Coldwell Banker, Google+, Facebook, Blogger, Active Rain, EProperties, Trulia, Zillow, YouTube , Tumblr and many others. Also, I have other sites that are specific to Property Types. These are:
North Scottsdale Homes For Sale By PriceDirect Link to the North Scottsdale MLS to search for homes in the specific bedroom, size or price category. You can also perform a custom search by clicking on the link to a custom search at the bottom of the column.
North Scottsdale Arizona Subdivision Homes For Sale SearchSearch for MLS homes in specific subdivisions by Bedroom and Price Ranges. Click on any link to be taken to an Scottsdale MLS Search Page. To perform a custom search, click on the custom search link at the bottom of the column.
|Saguaro Estates||Saguaro Highlands||Sandflower||Silverleaf|
|All Homes||All Homes||All Homes||3 Bedroom Homes|
|3 Bedroom Homes||3 Bedrooms||3 Bedroom Homes||4 Bedroom Homes|
|4 Bedroom Homes||4 Bedrooms||4 Bedroom Homes||5 Bedroom Homes|
|5 Bedroom Homes||5 Bedroom||6 + Bedroom Homes|
Scottsdale Arizona Golf Course Homes For SaleFree MLS Search all Scottsdale Arizona Golf Course Homes For Sale. Search by Listing Price, Square Footage, all Scottsdale Arizona Golf Course Homes For Sale. Just click on any link to be taken to Scottsdale Golf Course Homes For Sale Links to the Realtor MLS.
|Scottdale Golf Course Homes|
|3 Bedroom Homes|
|4 Bedroom Homes|
|5 Bedroom Homes|
|600K-1 Million Homes|
|Million Dollar Homes|
Cave Creek Arizona Real Estate MLS Home SearchSearch the Cave Creek Arizona MLS by Bedrooms, Price or Size. Direct link to the Cave Creek MLS with up to the moment information. Click on any link to be directed to your search.
Cave Creek Arizona Subdivisions Homes For SaleFree MLS Search all Cave Creek Arizona Subdivisions Homes For Sale. Search the MLS Like a Realtor. Click on any link to be taken to a special Realtor MLS Search Page to "Search Like Realtor".
Carefree Arizona |Real Estate |MLS |Realtor |Homes |SearchSearch the Carefree Arizona MLS by Bedrooms, Price or Size. Direct link to the Carefree Arizona MLS with up to the moment information. Click on any link to be directed to your search.
Carefree Arizona Subdivision |MLS |Homes |Golf Course Homes |Lots |MLSCarefree Arizona Real Estate MLS Subdivision Search. Direct Link to the Carefree MLS to search specific subdivisions in Carefree Arizona. Up to date to the moment information. Search for all Carefree Arizona Subdivision Homes For Sale.
Rio Verde Foothills Arizona Homes For Sale |Golf Course Homes |Horse PropertiesSearch Rio Verde Arizona MLS by Bedrooms, Price or Size. Direct link to the Rio Verde Arizona MLS with up to the moment information. Click on any link to be directed to your search for Homes, Lots, Land, Luxury Homes, Golf Course Homes, Horse Properties.
|3 Bedroom||4 Bedroom||5+ Bedroom||Vacant Land|
|All Homes||All Homes||All Homes||Under 2.5 Acres|
|Under 500K||Under 500K||Under 500K||2.5-5.0 Acres|
|500-999K||500-999K||500-999K||5 + Acres|
|Million Dollar Homes||Million Dollar Homes||Million Dollar Homes|
North Scottsdale Arizona | Horse |Properties |Homes |LandFree MLS Search all North Scottsdale Arizona Horse Properties, Land, Homes, For Sale. Search the North Scottsdale MLS, Homes for Sale, Horse Properties for Sale, Land, Like a Realtor.
|All Horse Property||By Price||Facilities||Raw Land|
|3 Bedroom||-500K||+ Barn||Under 2.5 Acres|
|4 Bedroom||500-999K||+ Arena||2 to 5 Acres|
|5 Bedroom||1M+||Over 5 Acres|
Commercial Real Estate For Sale
Scottsdale, Phoenix, Tempe, Chandler, Gilbert, Mesa, Fountain Hills, Scottsdale, Cave Creek, Carefree, Arizona. Search all Commercial Real Estate For Sale. Search Office, Office Warehouse, Warehouse, Medical, Dental, Retail, Commercial Land For Sale.
Commercial MLS Search, Click on any search linkCommercial MLS Real Estate Search, Scottsdale, Phoenix, Mesa, Tempe, Chandler, Gilbert, Fountain Hills, Cave Creek, Anthem Arizona. Click on any link to be taken to the search results page.
|OFFICE FOR SALE SEARCH||MEDICAL/DENTAL OFFICE SPACE FOR SALE||OFFICE WAREHOUSE FOR SALE||WAREHOUSE FOR SALE||RETAIL FOR SALE|
|Fountain Hills||Fountain Hills||Fountain Hills||Fountain Hills||Fountain Hills|
|Cave Creek||Cave Creek||Cave Creek||Cave Creek||Cave Creek|
OVER 300 ENDORSEMENTS
- Jeff McDowell, North Scottsdale Realtor 623.262.0811 EMAIL ME
By Jeff McDowell