Existing Home Sales Reach Highest Mark Since 2007

Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC] | Simplifying The Market

Highlights:

  • Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million.
  • January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900.
  • NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home.” 

What’s Your Home Worth?

Search for Your New Home

6107 E Paradise Drive Scottsdale, AZ 85254

$7,500,000
7 Beds
10 Baths
13,700 SqFt
Status Active
MLS # 6695054
Property Type Single Family Residence
Price Type --
Welcome to the deal of the century. This estate boasts 1.6+ acres, 13,700square feet, 7 bedrooms, 10 bathrooms, 11 fireplaces, tennis court, outdoor paradise, and panache that will exceed your expectations. Truly too much to capture, so plan a visit to see this one. 8 car garage with motorcade entry. Castle esque doors in the main entrance with an impressive entryway and massive chandelier. Your eye will take you right to the resort in the backyard with a 1,300sf pool, water features galore, and hot tub to boot. Amazing entertaining areas out back with a gazebo, outdoor kitchen, tennis, spa, pool, large grass area, and a covered patio with fitness equipment just outside the yoga/fitness studio. Too much to list! Come see this gorgeous estate for yourself. Welcome home!

29599 N 106th Place Scottsdale, AZ 85262

$7,500,000 - 6Br/7Ba -  for Sale in Talus At Troon North, Scottsdale
New
$7,500,000
6 Beds
6.5 Baths
9,335 SqFt
Status Active
MLS # 6707398
Property Type Single Family Residence
Price Type --
Welcome to luxury living at its finest in the prestigious Talus at Troon North community of North Scottsdale! This remarkable 9,335 square-foot home built in 2022 is nestled on a nearly 1-acre lot, providing ample space for your dream lifestyle. This impeccable full custom, southwest contemporary home seamlessly blends indoor and outdoor living, featuring a luxurious heated waterfall negative edge pool and spa with travertine and artificial turf surround. The expansive patio areas, a 793 square foot walkout deck, and stunning views of the Sonoran sunset create a perfect setting for entertaining. The gourmet kitchen is a culinary masterpiece with two oversized islands, upgraded granite slabs, Thermador/Wolf appliances, an oversized 60 sink with dual Grohe faucets, reverse osmosis water filtration, two dishwashers and a butler's pantry with sink, counter space, beverage center, and additional storage,. The kitchen opens to the living area, providing an ideal space for gatherings. The oversized master suite features a 2-way fireplace, a generous soaking tub, and a spacious glass surround shower with dual six jet shower panels. Access the view deck and pool through a commercial glass door leading to the deck. The master closet, a haven for fashion enthusiasts, includes shoe shelves, island storage, and built-in drawers, seamlessly connected to the laundry area equipped with two washers and two dryers. With an expansive floor plan featuring six bedrooms including 4 en-suites with walk-in closets, 6.5 baths, dining room, breakfast nook, casual and formal living areas, office, craft room, walkout basement, gym, movie theater with 7.2 surround sound, projector, and a 120 screen, this home is designed for luxury and comfort. Additional features include a game room, 140 bottle wine storage, a whole house water softener, EV charger, an oversized laundry with island and plenty of cabinet space, an artificial turf courtyard with a dog door and enclosed walls for your pet's safety and a attached casita with a kitchenette, bath, and attached garage. The spectacular open floorplan is complimented by an inviting, oversized 12' glass pivot door, 2 enormous sliding glass pocket doors up to 20' wide, ceiling heights up to 16 feet, 3 fireplaces, and architectural block accents. Smart Home features, including 8 exterior security cameras, doorbell, garage doors, selected lighting water heaters, and thermostats, add modern convenience. The four-car garage bays with overhead storage racks, mechanical room and epoxy floors complete this exquisite residence. Don't miss the chance to own this meticulously designed luxurious retreat, where every detail creates a haven of comfort and sophistication.

7044 E Cheney Drive Paradise Valley, AZ 85253

$7,500,000
5 Beds
5.5 Baths
6,564 SqFt
Status Active
MLS # 6422918
Property Type Single Family Residence
Price Type --
Spectacular Contemporary new home to be built by Sonora West Development. Total 6,564/s with a 5,595/sf main house and 969/sf guest house. The home includes 5.5 en-suite bedrooms including a large 2 room guest house which doubles as a pool house large enough for a pool table and seating. Buyer can pick finishes if purchased prior the build. High-end appliances with Subzero refrigerator and Wolf stove. The circular paved driveway leads to spectacular courtyard entry. Large covered patio and spectacular backyard with a Ramada, BBQ, fire pit, pool and spa. 4 car garage.

6112 E Quartz Mountain Road Paradise Valley, AZ 85253

$7,500,000
6 Beds
9 Baths
9,372 SqFt
Status Active
MLS # 6620435
Property Type Single Family Residence
Price Type --
PRICE REDUCED $1.5M! This exquisite single-level property offers a blend of luxury and sophistication. Featuring 6 bedrms + 8 bathrms spread across its expansive 9,372 sqft, it showcases breathtaking views of Mummy Mountain, McDowell Mountain, + city lights. The guest casita, complete with a living rm, kitchen, bedrm, + bathrm provides a private retreat for visitors. The main house features 5 ensuite bedrms, a gym, media rm, library, + flex rm ensuring a perfect balance of comfort + entertainment. The spacious chef's kitchen with large white quartzite island also features an additional full catering kitchen. Floor-to-ceiling windows + sliding pocket doors seamlessly merge indoor + outdoor living, while the zero-edge pool, spa, artificial turf + magnificent views create a resort-like oasi $1 MILLION PRICE REDUCTION!!!

9735 E Kemper Way Scottsdale, AZ 85255

$7,499,000 - 5Br/7Ba -  for Sale in Silverleaf At Dc Ranch, Scottsdale
New
$7,499,000
5 Beds
6.5 Baths
7,741 SqFt
Status Active
MLS # 6707268
Property Type Single Family Residence
Price Type --
Step into luxury living at Arcadia at Silverleaf, where this exceptional home stands as the pinnacle of value per square foot in the entire community. Don't miss out on the unparalleled opportunity to own the only NEW build priced under $1,000 per square foot in all of Silverleaf. Nestled within the esteemed boutique gated and guarded community of Arcadia at Silverleaf, this residence offers breathtaking views of the McDowell Mountains and overlooks one of Arcadia's iconic parks. Boasting 7,741 square feet of enchanting living space, sophistication seamlessly merges with tradition as you enter this distinguished home. The gourmet kitchen, a culinary masterpiece, sets the stage for gastronomic delights, while the refined dining area is ideal for intimate gatherings. The expansive living space, featuring 24-foot ceilings, creates a magnificent ambiance for festive celebrations. The luxurious downstairs owner's suite offers a peaceful retreat with a gas fireplace, expansive walk-in closet, and spa-like bathroom. A spacious office with a full bathroom and private patio complete the main level living. With five en suite bedrooms and six and a half luxurious bathrooms, every detail of this residence is meticulously crafted to perfection. Wood flooring, Wolf Appliances, custom cabinetry, and two flex rooms offering versatile spaces seamlessly integrate into the landscape, enhancing the overall appeal of this Silverleaf Estate. More than just a home, this residence promises an unparalleled experiencea testament to extraordinary living in 2024. Beyond a mere house, it's a statementa proclamation of the extraordinary life within the walls of this Silverleaf Estate. Entertain with ease in the alfresco amenities, including a kitchen and bar pass-thru windows, covered patio, enchanting fountains, fireplaces, pool, and spa. Immaculate and timeless, this distinctive property is designed for the most discerning buyers. Embrace a lifestyle of opulence and refinement in this captivating residencea true masterpiece in the heart of Arcadia at Silverleaf.

6825 N 39th Place Paradise Valley, AZ 85253

$7,450,000
4 Beds
4.5 Baths
6,041 SqFt
Status Active
MLS # 6542969
Property Type Single Family Residence
Price Type --
Summer 2024 delivery! New hillside construction, perfectly positioned on a private 1+ acre lot within PV Reserve; an exclusive 24hr guard-gated enclave in Paradise Valley. This Modern Mediterranean hillside residence has majestic sweeping vistas from Camelback Mountain to the twinkling city lights of downtown Phoenix. One of the only hillside homes with a level grass yard. This home has been designed and constructed to maximize the views while also embracing Arizona's indoor / outdoor living style. Spanning 6,041 SF with four ensuite bedrooms exercise studio, and 3-car garage with room for 3-lifts. Separate entrance and covered patio for the guest suite, which is also accessible from the main house. This is the perfect home for a lock and leave or someone who values their privacy. Paradise Valley, Arizona, is a charming town renowned for its exclusive estates, luxury resorts, and stunning desert vistas, framed by Camelback Mountain and Mummy Mountain. Just minutes from Phoenix, the town offers a refined lifestyle with opulent homes, upscale retreats, golf courses, and spa resorts. Strict zoning regulations underscore Paradise Valley's commitment to preserving its natural beauty, creating a harmonious blend of sophistication and the Sonoran Desert environment. This idyllic oasis stands as a testament to the town's unique fusion of luxury living and breathtaking landscapes.

9015 N Morning Glory Road Paradise Valley, AZ 85253

$7,400,000
4 Beds
5 Baths
5,295 SqFt
Status Active
MLS # 6691280
Property Type Single Family Residence
Price Type --
Welcome to Southwest Glory, a meticulously restored and redesigned Nance masterpiece nestled on a sprawling 1-acre lot in the heart of Paradise Valley. Modern Nest proudly presents this exquisite 4 bedroom, 5 bathroom home (plus casita) boasting 5295 square feet of luxurious living space. Step inside to discover the perfect blend of Southwest charm and design elegance. The original Saltillo tile floors grace the main living areas, while handcrafted wood flooring and artisanal tiles adorn the rest of the home. Experience warmth and ambiance with 4 fireplaces, seamlessly integrating indoor and outdoor living. The gourmet kitchen is a chef's dream, showcasing custom-designed cabinetry, Wolf and Subzero appliances, and expansive windows overlooking the enchanting patio and lush landscaping. Entertain in style with a completely rebuilt/resurfaced pool, new hardscapes, and a resurfaced full-size sport court with commercial lighting. Indulge in the comfort of an oversized library/den complete with custom shelving and a state-of-the-art sound system. The attached guest casita offers a full kitchen, living space, and an additional private bedroom (5 total) with captivating backyard views. Relish in the comfort of a charming breakfast nook with a fireplace and a butler's pantry featuring a wine fridge, handcrafted tiles and custom cabinetry for optimal storage. The oversized mud/laundry room boasts custom cabinetry as well and dual washer/dryer units for added convenience. Outdoor living reaches new heights with multiple patio spaces, fountains, and cozy fireplaces, perfect for alfresco dining and relaxation. Luxurious lighting complements the meticulously restored wood beam ceilings throughout the home. Retreat to the primary suite, where a separate sitting area, fireplace, and large windows frame views of the back patio's limestone fountain. The spa-like ensuite bathroom boasts marble countertops, terracotta tiles, a freestanding bathtub, and a separate shower with steam capabilities, while the expansive closet offers custom built-ins for optimal storage. Additional features include a three-car garage, ample storage, new landscaping, outdoor lighting/sound system, stucco, and paint. Experience the epitome of luxury living at Southwest Glory - where modern sophistication meets timeless charm. Schedule your private tour today!

10383 E Rising Sun Drive Scottsdale, AZ 85262

$7,400,000
6 Beds
5.5 Baths
5,814 SqFt
Status Active
MLS # 6671573
Property Type Single Family Residence
Price Type --
5814 sq ft modern home completed in 2020 has walls of glass for seamless indoor outdoor living. Home is fully furnished with 3 en-suite guest bedrooms plus a library/media room & large loft for grandkids. 3 Car Garage with addl 1 ½ bay for a rec room / man cave. A detached guest home with kitchen, living, 2 guest bedrooms, is perfect for when family or friends are in town. Entry water feature has a fire pit & ''floating'' walkway that leads to the entry door. 400 bottle climate controlled wine display at the dining room. Pocketing sliding glass doors in the great room open up to the resort style backyard with a 50 ft pool, deck fountains & spa. Ceiling heaters for winter & misters for summer, 2 firepits & 85'' TV make the backyard the ultimate entertaining space

9264 E Superstition Mountain Drive Gold Canyon, AZ 85118

$7,376,400
5 Beds
5 Baths
12,294 SqFt
Status Active
MLS # 6581604
Property Type Single Family Residence
Price Type --
Beautiful builder lot and a well thought out Luxury home design 360 degree mountain views located in Petroglyph Estates. Luxury planned community at it's finest, fully equipped with Community Pool, Golf & Country Club, Sports Club, Club House, Fitness Classes, Tennis & Pickle Ball Courts, Bocce and Croquet. LOT ONLY OPTION CAN BE PURCHASED FOR $285,000.

9886 E Sterling Ridge Road Scottsdale, AZ 85262

$7,349,000
6 Beds
5.5 Baths
7,342 SqFt
Status Active
MLS # 6565028
Property Type Single Family Residence
Price Type --
Coastal California meets the High Sonoran Desert with a one-of-a-kind contemporary estate on 2.2 acres offering a very serene and private setting. Located high above the valley of the sun in the exclusive community of Desert Mountain in North Scottsdale, Arizona. This home has all of the views Desert Mountain is known for from the McDowell Mountains, Pinnacle Peak, sparkling city lights, distant emerald green golf course views and beautiful sunsets. The interior is light and bright with an abundance of natural light, telescoping doors and an open functional great room floor plan on the main level with NO STEPS. Offering three suites on the main level (one of which is the master bedroom with sitting area, study and expansive closet), kitchen, dining room and great room area. The lower level offers a game room with large wet bar, a pre-wired ready to be finished media room and three suites, one of which is used as a fitness room. There is an elevator as well to this level. Also NO STEPS on the lower level The lower level living space has its own patio complete with fire feature, in ceiling electric heaters and direct access to the pool and spa as well to the main level. Outdoors enjoy a 60 ft lap pool, spa, two fire features and plenty of outdoor living space. There is a high end audio video system' in the house with 9 TV:s all connected to a central system. Home is sold turnkey except for a few pieces of furniture, art & decor plus personal items. Please see membership information under the document tab.

5950 W Table Mesa Road New River, AZ 85087

$7,250,000
4 Beds
4 Baths
4,400 SqFt
Status Active
MLS # 6644410
Property Type Single Family Residence
Price Type --
There is one covered R V area with water, sewer, power, additional covered parking, built in horse shade and feeding area, mature trees and landscaping, extensive outside lighting, all underground watering system, over 25 thousand sq. of grass, 20 X 40 ft. swimming pool with cabana and covered patio on main house. The Aqua Fria River flows through this property and has flowing water most of the year. A recently completed synthetic grass driving range with two golf holes and driving Tee boxes at 120yds.. 75yds.. 50yds.. and sand bunkers. Full sized double green, observation deck, various trails all the way to Prescott AZ - off road trails and horse trails. There is room for future development of R V spaces and or single family lots

6933 E Fanfol Drive Paradise Valley, AZ 85253

$7,250,000
6 Beds
6 Baths
9,136 SqFt
Status Active
MLS # 6697903
Property Type Single Family Residence
Price Type --
Luxurious Paradise Valley Estate - Entertainer's Paradise! Welcome to your dream oasis in Paradise Valley, where luxury and sophistication meet unparalleled comfort and entertainment. This custom-built home boasts 6 bedrooms plus, 6 baths and over 9200 square feet of opulent living space. Nestled on over an acre this palm tree estate features lush grounds and several stunning fountains. As you enter through your private gates, you're greeted by a grand motor court leading to the exquisite, handcrafted entry doors. Step into the expansive 1200 square foot great room with LED backlit coffered ceilings, featuring 30 feet of retractable glass doors that seamlessly merge indoor and outdoor living. A private beach and lagoon pool await, surrounded by lush tropical gardens, a tucked away spa for privacy, a circular fire pit, an outdoor BBQ area, and a large outside dining area perfect for hosting unforgettable gatherings. With extensive use of travertine, stone, and marble, along with meticulous attention to detail, this estate epitomizes the epitome of luxury living. From the old-world dining room with fireplace to the private office with a reading garden, every corner of this home exudes elegance and charm. Designed for both casual and formal entertaining, this estate boasts a 12-seat home theater with a new Sony 4K 70mm high definition projection system, Savant/ Apple TV controls and an advanced Dolby Atmos 11.2 surround sound system, a chef's kitchen with Viking appliances and an expansive master suite complete with a salon and kitchenette. The wine enthusiasts will indulge in the expansive 1080-bottle wine cellar. And don't miss the mountain views from the second story deck! Car lovers will delight in the air conditioned 2200 square foot fire rated garage with RV space, capable of housing 8 cars (16 with lifts), making it a true collector's dream. This space offers numerous possibilities and currently offers an indoor pickle ball court as well as plenty of area to practice your jump shot. Don't miss the opportunity to own this one-of-a-kind Paradise Valley estate that offers a lifestyle of unparalleled luxury!

Leave a Reply

Your email address will not be published.