Step into the vibrant Scottsdale luxury real estate market with Jeremy Poehls, your luxury real estate professional, for a comprehensive February 2024 market report. With a buyer's market at play, showcasing a 12% sales ratio and homes selling at an impressive 96.73% of the list price, discover the opportunities that await in Scottsdale, Arizona. 🌵💼🏡

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Jeremy Poehls - 480-MANSION (480.626.7466)
Real Broker LLC
[email protected]
www.mansionarizona.com

🌟 Welcome to our February 2024 Luxury Market Report, highlighting the dynamic Scottsdale, Arizona, luxury real estate market, presented by Jeremy Poehls. This episode delves into the current state of the market, revealing it as a buyer's paradise with a sales ratio of 12% and homes fetching nearly 96.73% of their listing price in January. With a total inventory of 948 luxury homes and 115 sales, the market is ripe with opportunities, especially in the $1.9 to $2.3 million range, which saw the most sales at 15 homes. Meanwhile, the most abundant inventory lies in the ultra-luxury segment, with 145 homes available at $4.5 million and up. 📈🏠💰

The median sales price slightly adjusted to $1.7 million from last year's $1.72 million, reflecting subtle market shifts. However, with a 23% increase in total inventory and a 28% rise in sales compared to the previous year, Scottsdale's luxury market is demonstrating robust growth. Despite a slight increase in sales and significant inventory growth, the calculated approach of affluent buyers suggests anticipation for the spring selling season's potential. For exclusive insights and luxury home tours that illuminate the elegance of Scottsdale, make sure to subscribe and click the notification bell for the latest updates. 🛎️🌴✨

Join us as we explore the broader luxury market trends with insights from our partners at The Institute for Luxury Home Marketing. Whether you're a buyer waiting for the perfect opportunity or an enthusiast eager to explore Scottsdale's luxurious offerings, our channel is your premier destination for luxury real estate insights and breathtaking home tours. 🏡🔍🎥