Desert Highlands is a classic North Scottsdale address. Nicklaus golf. Full service country club. Stunning views to Pinnacle Peak and south to the city lights.
But when you look at the numbers Desert Highlands could represent a significant buying opportunity currently.
Desert Highlands The Numbers
I pulled the following numbers from the Arizona Regional Multiple Listing Service. To be honest the numbers don’t make pretty reading for home sellers.
Currently For Sale
Homes active for sale: 50. Homes under contract 2. Lots for sale: 9.
Sold in 2011
Homes sold 18. Lots sold 3.
That’s a stunning 36 months of inventory of land lots. And a whopping 33 month inventory of homes for sale.
Given the months of inventory level is so high buyers are in an incredibly strong position in this subdivision. The sheer volume to choose from means buyers can really pick the unit they like the most and feel confident submitting a lower offer.
If you look at the closed data on the sold homes the average sold price achieved was only 91% of the list.
Homes For Sale | Desert Highlands, Scottsdale
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