LUXURY HOME QUARTERLY - Phoenix, AZ USA April 2013 - Page 2

LUXURYHOMEQUARTERLY APRIL 2013 April 7, 2013 How well are Luxury Homes selling in the Phoenix Luxury Market? Luxury Homes in Phoenix that were successfully sold during the first quarter were sold after being on the market, after an average of 116 days. There were a total of 1,159 real buyers who actually showed up at closing, signed the papers and walked away with the keys in hand. 922 out of them paid below $1,000,0000. Number of Real Buyer who paid over $1,000,000 Price Range $1,000,000 to $1,499,999 $1,500,000 to $1,999,999 $2,000,000 to $2,999,999 $3,000,000 to $3,999,999 $4,000,000 to $4,999,999 $5,000,000 plus # of buyers 138 61 26 8 0 4 Most Expensive home sold The most expensive home sold for $7,725,456 after being on the market for 46 days. It was originally put on the market for $9,775,000 in Phoenix. It was a 14, 312 square foot 2 story home in Redrock subdivision and was paid for in cash. To find out how the market is doing in Homes sold for $5 million plus a specific subdivision or neighborhood, please call /text me on 480-442-0779 or 4 homes were sold for more than $5,000,000 after being on the market for an email me at average of 358 days. The longest one took 655 days to sell. It was originally listed for $7,195,000 and was sold for $6,665,000. “The most expensive Condo sold for $3,600,000 after just 12 days on the market after been listed for $3,800,000 and was financed through seller carry back” Looking to Sell your Luxury Home? You will receive a personalized report for your home and a free consultation. email me at dorette@luxur ylivinginphoen or call me on 480-442-0779. 2