Grayhawk Home Sales Report November

Grayhawk Golf Course SignThe state of Grayhawk’s Real Estate Market is healthy overall all. Prices are rising. Inventory is down.

The tide has turned and we hope the worst days are in the rear view mirror. I want to give a little history for comparison to make my initial statement very clear. I wrote a blog post in April of 2011 and at that time there were 102 Grayhawk homes for sale. That was similar to 2003 when I first moved to Grayhawk and there were 99 homes for sale but significantly fewer homes than in 2009 when we have over 160 homes on the market. Currently, there are 46 homes for sale listed in Grayhawk and we are selling about 23, monthly. That means there is 2 months’ supply which is below the average of 3-5 months.

Prices are rising. If you read my article in the Grayhawk Flight in August I stated price rose 1% a month for the first 6 months of the year. That trend has continued. Grayhawk home prices are up 11+% since January. With low inventory levels and favorable interests, we expect this to continue for the foreseeable future.

To view home sales by specific neighborhood visit Grayhawk Recent Home Sales. If you would like to sign up for the Grayhawk Home of the Month Luncheon and Tour, visit GrayhawkMomsRock.com

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  • Date: 05/10/2018

    Source: Zillow

    Ilene was amazing from start to finish in the home selling process. She sold the house before it even went on the market and for - Read More

  • Date: 05/03/2018

    Source: Zillow

    Chris was great! He helped us get a rental all while we were in another state, and then helped us find the perfect home to - Read More

  • Date: 5/2/2018

    Source: Zillow

    Sharon is extremely knowledgeable about the North Scottsdale area - providing an excellent initial overview to help narrow down prospective areas. She was on top - Read More

  • Date: 4/29/2018

    Source: Zillow

    Chris and Cheryl Park were very professional in their approach to marketing our home. They offered good suggestions on things we could do to enhance - Read More

  • Date: 4/29/2018

    Source: Zillow

    Scott Galloway was truly a spectacular agent! He has an awesome upbeat personality & was very easy to work with. He explained every term - Read More

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