Karas Finds Phoenix Suns Rising Star His New Home

Phoenix Suns guard Devin Booker buys Paradise Valley home for $3.25M Catherine Reagor, The Republic | azcentral.com 10:43 a.m. MT June 26, 2017   Phoenix Suns guard Devin Booker has a new Paradise Valley home to head to after a phenomenal 70-point scoring game.   He paid $3.25 million for a 5,600-square-foot house┬ánear Scottsdale Road [more...]

The Ranch Market Update May / June 2017

SCOTTSDALE 85258 AVERAGE PRICE UP 5% FROM LAST YEAR Quarterly sales down 2% PRESENTED BY THE KARAS GROUP The number of closed homes sales between February and April 2017 fell 2% compared with the equivalent period twelve months earlier. The total amount spent was $79.5 million, up 3% from the $77.6 million we saw a [more...]

Biltmore Market Update 2nd Quarter 2017

BILTMORE AVERAGE PRICE PER SQ. FT. DOWN 1% FROM LAST YEAR Quarterly Sales up 41% PRESENTED BY THE KARAS GROUP The Biltmore District has grown its sales volume dramatically compared to a year ago, but prices are slightly weaker. Sales that closed between February 1 and April 30 were up 41% compared with the count [more...]

Arcadia Market Update 2nd Quarter 2017

ARCADIA AVERAGE PRICE PER SQ. FT. DOWN 14% FROM LAST YEAR 8% drop in the number of homes sold PRESENTED BY THE KARAS GROUP The market in Arcadia during the three months February through April 2017 looks surprisingly different from the same period last year. Sales volume declined by 8% and the mix of homes [more...]

Paradise Valley Market Update April / May 2017

PARADISE VALLEY AVERAGE PRICE UP 6% FROM LAST YEAR Quarterly sales down 10% PRESENTED BY THE KARAS GROUP The number of homes sold in Paradise Valley during the first quarter of 2017 was down to 86 from 96 last year. At first sight it appears that pricing improved substantially because the average sale price increased [more...]

Paradise Valley Market Update March / April 2017

PARADISE VALLEY AVERAGE PRICE UP 8% FROM LAST YEAR Quarterly sales up 1% PRESENTED BY THE KARAS GROUP   The number of homes sold in Paradise valley between November 2016 and January 2017 was up just 1compared to the number sold in the same period a year earlier. At first sight it appears that pricing [more...]

The Ranch Market Update Febraury / March 2017

SCOTTSDALE 85258 AVERAGE PRICE UP 7% FROM LAST YEAR Quarterly sales up 24% PRESENTED BY THE KARAS GROUP   Sales activity between October and December 2016 jumped 24% compared with the equivalent period in 2015. The total amount spent was $63 million, up 33% from the $48 million we saw a year ago. The average [more...]

Paradise Valley Market Update December 2016 / January 2017

PARADISE VALLEY AVERAGE PRICE PER SQ. FT. UP 6% FROM LAST YEAR Quarterly sales up 16% PRESENTED BY THE KARAS GROUP Using data supplied by the Cromford Report   The second half of 2015 was a weak period for luxury home sales due to uncertainty in the stock market and a collapse in energy prices. [more...]

The Ranch Market Update November / December 2016

SCOTTSDALE 85258 AVERAGE PRICE UP 6% FROM LAST YEAR Quarterly sales flat PRESENTED BY THE KARAS GROUP Using data supplied by the Cromford Report   Sales activity between August and October 2016 was at the same level as the equivalent period in 2015. The total amount spent was $60 million, up 6% from the $56 [more...]

Arcadia Market Update 4th Quarter 2016

ARCADIA AVERAGE PRICE PER SQ. FT. UP 9% FROM LAST YEAR 3% increase in the number of homes sold PRESENTED BY THE KARAS GROUP Using data supplied by the Cromford Report   The market in Arcadia remained healthy during the three months August through October 2016. Average pricing saw a rise of 10% compared with [more...]