Market Notes

Scottsdale Market Notes — November 2024

Sent with the subject line “Happy Thanksgiving 🦃 🎉”

Originally sent to subscribers on . Republished here in full and unedited. Any market figures, prices and inventory counts describe conditions at that time and are not current.

Happy Thanksgiving. Hope you had an amazing year and have a lot to be thankful for. For this newsletter lets have a little fun :-)


Click for video.

Just Listed | Under Contract


2,996 Square Feet | 4 Bedrooms | 2.5 Baths | 3 Car garage

PS Turns of great furniture for sale at this property. Almost all less than a year old. Some really nice pieces. Contact me for info.

Offered at $1,795,000 | MLS link: Click Here

Coming Soon | Treviso | Resort living & Views


4,446 Square Feet | 4 Bedrooms | 4.5 Baths | 3 Car garage | 1.8 Acre lot

Presenting one of the largest Vendado floor plans in the exclusive gated community of Treviso, Scottsdale, on an expansive 1.8-acre lot with breathtaking views. This meticulously maintained single-level home features extensive upgrades, plus a separate-entry casita and a three-car garage. Offering 4 spacious bedrooms, 4.5 bathrooms, a stunning pool, and a relaxing spa, this home is truly a must-see!

Offered: $1,999,000 | MLS link: Coming Soon

10 Highest Home Sales in Phoenix Metro So Far in 2024

Click to see the 10 stunning homes! 8 Paradise Valley - 1 Scottsdale - 1 Phoenix

Off Market Properties

We continue to have a lot of off market properties, Priced from $1,500,000 to over $15,000,000. Most of these properties are ones the owners wish to sell but are before listing on MLS.

Areas of town are mainly Paradise Valley & North Scottsdale. Mountainside homes, golf communities etc. Paradise Valley Views, Silverleaf, DC Ranch & Mirabel Club. Reach out if your looking but can't find anything on the MLS. Specifically - Marta - 480-274-5710

Market Stats

Not a lot of stats today. It's the Holidays!

Market remains stable and kind of balanced. Below is the latest Cromford numbers where they break down supply and demand by city.

Cromford Report - Nov 21 - Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest cities

Like last week, we have 6 large cities showing an increase in their Cromford® Market Index over the past month. The average change in CMI over the past month is -4.2% while last week we saw -4.8%. The market is still deteriorating for sellers but less quickly than last week.

Our take

We see continued stability into 2025 and probably a more active spring selling season.

Interiors


How to have a very merry Nancy Meyers-inspired Christmas - H&G


Interior designer share their best Black Friday buys, House Beautiiful

In The Neighborhood

5 fun things to do in Scottsdale for Thanksgiving

Updated Hyatt Regency in Gainey opens new celeb chef restaurants.

Restaurant or to go options for Thanksgiving
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That's it folks. Have the happiest of Thanksgivings!

Marta Walsh has been writing this newsletter since 2012. Read the full archive, or find out what your home is worth today.