Market Conditions in 85253>Question Details

Alexie, Other/Just Looking in 85253

What happened with the average price per sqft between May 2011 and September 2011 in Paradise Valley?

Asked by Alexie, 85253 Thu Mar 22, 2012

The statistics show a drastic increase: do you know the reasons for it?

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Answers

4
Can be a variety of reasons, where did you get these statistics from?


Best Regards,

Real Estate Professional / Prestige Realty
Bianca Bennett / 602-570-7898
Bianca@InvestInArizonaHomes.com
Website: http://www.InvestInArizonaHomes.com
0 votes Thank Flag Link Tue Jun 25, 2013
I would contact a local agent like myself and not go by what trulia says. Its a good site but many info may not be up to date.

Ryan Buckley Realtor®
Turning your Dream into an Address
Coldwell Banker Residential Brokerage
480-440-4541
ryan.buckley@azmoves.com
http://www.liveinscottsdale.com
http://www.facebook.com/rcoldwellbanker
twitter @rcoldwellbanker
0 votes Thank Flag Link Mon Feb 11, 2013
Don't simply rely on average sqaure foot pricing, as it can be measured in many different ways; also it doesn't consider exact location, condition, etc.; rather review comps with your agent, recently sold similar properties in the immediate area, see what the data suggests and go from there...
0 votes Thank Flag Link Thu Mar 22, 2012
Are you looking here on Trulia for these stats? If so, I recommend getting actual data from a local agent who can pull the actual market sales/trends & get you the price per sq ft datat. Trulia is a good overview, but like many of the real estate websites, can be way off base in these numbers, as they are automated & do not take into account location, condition, concessions, seller motivation etc, which is very important in creating market data & pricing.
0 votes Thank Flag Link Thu Mar 22, 2012
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