Paradise Valley March | April 2012
Your Paradise Valley Real Estate Experts
FEATURED COVER PROPERTY
YOUR WEALTH PORTFOLIO
The local economy and housing market is rapidly changing. You may be wondering how you can take advantage of the unique real estate market. What are your real estate goals for 2012? Whatever they may be, trust the Paradise Valley property experts: Sandra Wilken and her experienced team at Sandra Wilken Luxury Properties (SWLP). If you are hoping to purchase a new home either as a primary residence, a vacation home or as an investment, the dynamic and results-driven team at SWLP will guide you to success through a personalized purchase process allowing you to take advantage of the many exciting opportunities that still exist in our unique market. Alternatively, if you are considering selling your current property, the SWLP team will simplify the sales process for you. Our team will make sure you maintain your privacy and comfort, and importantly, we will ensure that you realize top dollar for your home.
SandraWilken.com
2205 E Colter Street • Phoenix AZ 85016 6 bedrooms | 6 full baths | 3 half baths 11,039 sq. ft. includes a 660 sq. ft. guest house • $5,995,000 A beautiful privately gated French Chateau located near the Biltmore Fashion Park and Financial and Business Districts of Phoenix will simply take your breath away. Stunning elegance and sophistication combine with comfortable living to create an absolute masterpiece. Artisan finishes include dark wood flooring; custom milled wood paneling, cabinetry and built-in shelving units; black granite and white marble stone counters; designer tile finishes and flooring; and many more features all make this a truly unique property.
PARADISE VALLEY MARKET REPORT
SANDRA WILKEN
President & Designated Broker
Office: 480.596.0001 Sandra@SandraWilken.com
ALEXANDRIA CARLSON CDPE, Associate Broker
Cell: 602.386.9967
Alexandria@SandraWilken.com
8777 N GAINEY CENTER DRIVE • SUITE 178 SCOTTSDALE, AZ 85258
480.473.4922 Aluxio.com
PROFESSIONAL HOME MANAGEMENT FOR EXQUISITE PROPERTIES We offer a complete range of services focused on the needs of the remote luxury homeowner. · Regularly scheduled home visits · Detailed reports · Management of maintenance contractors · Full concierge services
If your home is currently listed, this is not a solicitation for that listing.
HOMES PRICED <$1 M HOMES PRICED $1M-$2M HOMES PRICED $2M-$3M HOMES PRICED $3M+ ACTIVE LISTINGS ACTIVE LISTINGS ACTIVE LISTINGS ACTIVE LISTINGS
Avg. List Price $791,971 Avg. List Price $1,533,832 Avg. List Price $2,527,147 Avg. List Price $5,773,663 Avg. Price per Sq. Ft. $239 Avg. Price per Sq. Ft. $330 Avg. Price per Sq. Ft. $420 Avg. Price per Sq. Ft. $587 Avg. Days on Market 225 Avg. Days on Market 191 Avg. Days on Market 264 Avg. Days on Market 391 SALE PENDING LISTINGS SALE PENDING LISTINGS SALE PENDING LISTINGS SALE PENDING LISTINGS
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Avg. List Price $699,254 Avg. List Price $1,465,941 Avg. List Price $2,723,791 Avg. List Price $6,972,500 Avg. Price per Sq. Ft. $203 Avg. Price per Sq. Ft. $286 Avg. Price per Sq. Ft. $380 Avg. Price per Sq. Ft. $546 Avg. Days on Market 128 Avg. Days on Market 162 Avg. Days on Market 78 Avg. Days on Market 832 CLOSED 2012 YTD LISTINGS CLOSED 2012 YTD LISTINGS CLOSED 2012 YTD LISTINGS CLOSED 2012 YTD LISTINGS
Avg. Sold Price $680,722 Avg. Sold Price $1,239,740 Avg. Sold Price $2,211,921 Avg. Sold Price $3,927,500 Avg. Price per Sq. Ft. $215 Avg. Price per Sq. Ft. $264 Avg. Price per Sq. Ft. $339 Avg. Price per Sq. Ft. $486 Avg. Days on Market 168 Avg. Days on Market 152 Avg. Days on Market 404 Avg. Days on Market 298 Information gathered from ARMLS. All information is deemed reliable but not guaranteed.
Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net
Paradise Valley
Real Estate Report