Andy Zeal, - Scottsdale, AZ - (480)540-2291

Arizona Silverado is a KB Home community in North Scottsdale, AZ, just north of the 101 Freeway and Grayhawk. There are 201 homesites built between 1998-2000, ranging from two bedroom, single level homes just under 1,200 square feet to two-story, four bedroom homes just under 2,500 square feet. The community is non-gated and has a playground, large grassy park areas and host community wide social events throughout the year.

Arizona Silverado resides in the Paradise Valley Unified School District and Pinnacle High School, Grayhawk Elementary and Desert Shadows Middle School.

With its close proximity to Grayhawk and TPC Golf Courses, fine shopping, dining, business parks and Scottsdale Healthcare Thompson Peak, Arizona Silverado is an ideal community to live. Homes in Arizona Silverado start around $200,000, affording a great opportunity, especially for first-time homebuyers, to live in prestigious North Scottsdale.

Search Homes in Arizona Silverado

Scottsdale, AZ housing market saw an increase in the number of pending sales and sales in the month of May from the previous month. This increase is can probably be attributed to the home buyer tax credit that required an executed contract by the end of April. The months supply of inventory decreased which is a good sign the market could be balancing out. Unfortunately for sellers, price has been declining but this presents a great opportunity to make up the loss on the purchase of a new home.

Scottsdale: 3,108 Active Inventory

Based on information from Arizona MLS & Cromford Associates LLC from the 20th of the month. Information deemed reliable but not guaranteed

Paradise Valley, AZ is always a tough market to gauge based solely on average price breakdowns because of the price of homes in that market. When you are dealing with homes that have an average sale price is $1.5million, one extremely high priced home sale for the month can really skew the numbers. From the data it appears buyers are taking advantage of the lower prices per square foot and buying larger sized homes, meaning this is a great opportunity for "move-up buyers."

Paradise Valley: 469 Active Inventory

Based on information from Arizona MLS & Cromford Report from the first week of the month. Information deemed reliable but not guaranteed

Scottsdale, AZ had in increase in the number of listings in the last month along with the average sold price. Based on the price per square foot of active listings versus four months ago, sellers are starting to realize where the market is at and lowering their prices.

Scottsdale: 3,208 Active Inventory

Based on information from Arizona MLS & Cromford Report from the first week of the month. Information deemed reliable but not guaranteed

__________________________________________________________________________________________________________________________________________________________________
Andy Zeal is a Realtor® at HomeSmart International Real Estate in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For additional information regarding the Arizona real estate market call 480-540-2291 or visit www.LuxuryintheValley.com

In Carefree/Cave Creek, AZ in the month of November, the number of sold listings and the average price of those sold increased. The number of new listings decreased along with the average days on market.

Carefree/Cave Creek: 593 Active Inventory

Maricopa County Statistics:

Active Inventory: 32,918 (+385 from October)
Ave. Price of Active Listings: $372,262 (-$6,034 from October)
Ave. Price of Sold Properties: $182,012 (+4,538 from October)




Based on information from Arizona MLS. Information deemed reliable but not guaranteed

_________________________________________________________________________________________________________________________
Andy Zeal is a Realtor® at Coldwell Banker Residential Brokerage in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For specific neighborhood statistics call 480-540-2291 or visit www.AndyZeal.com