Grayhawk Real Estate Market Report – June 2012

This report is covering the North Scottsdale Community of Grayhawk. The focus will be on the current real estate market including, but not limited to how many homes for sale, how many sales are currently pending, and what recently closed in Grayhawk June 2012.

The Grayhawk Real Estate market has significantly changed over the past 12 months with the last 6 months making a full on commitment to appreciation. This was a sight for sore eyes! So I want to share the details. See the numbers below, that’s if you’re reading the blog, for Grayhawk Real Estate June 2012. The combined Grayhawk Real Estate prices, for all the homes sold, was 171 a square foot. There were 24 homes sold for the entire month. The Grayhawk homes, which is just the single family and the patio homes that sold, we sold 13 at an average of 177 a square foot. Grayhawk townhomes and condos sold there were 11 averaging 162 a square foot. Compare to January 2012 the combined Grayhawk Real Estate prices for all the homes sold in Grayhawk was 151 per square foot. Holy Cow, that’s over 12% appreciation in the past 6 months from January to June!

Grayhawk Real Estate market data – active currently 48 homes on the market, AWC and pending or under contract there’s 49. Sold Grayhawk Real Estate in June was 24. So that means, you know, not too many homes on the market for considering how many we are selling. The breakdown is there were 13 single family homes sold, there were 11 townhomes and condos sold in June. Of which the total there was only 1 foreclosure sold in Grayhawk in all of June, and six short sales sold for a combined of 7 out of the 24 representing just under 1/3. Prices are moving up at a pace of 2% a month and building on the momentum of the later part of last year.

Inventory for Grayhawk continues to be on a decline down over 25% since January. That means there are two months of homes available as I just said. The question begs, where are all those foreclosures and short sales that people were promised us were coming?

Grayhawk Real Estate market looks to remain very strong over the next 12 months. If you are interested in selling your Grayhawk home be sure to visit our selling a home page.

That’s the Grayhawk Real Estate Market Report for June 2012. I am Jeff Sibbach hope you’re enjoying a great summer. Look there’s clouds must be July!

Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Ready to talk? Call us today.

480-500-1738
  • #1 AZ Real Estate Team

  • Best REALTOR® In The Valley 2017

    - Nominee

    Finalists will be announced in October 2016

  • Top Ranked Real Estate Team

    - Phoenix Business Journal

    2015, 2016

  • Top 10 Buyer’s Agent

    - by Sales Volume

    Homes & Land Magazine 2015, 2016

  • Top 10 Producing Agent

    - by Sales Volume

    Homes & Land Magazine 2011, 2012, 2013, 2014, 2015

  • Top 1% of REALTORS®

    - in Maricopa County by Sales Volume

    Arizona Regional MLS 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016

  • Real Estate Agent of the Year

    - Finalist

    AZ Business Magazine – 2014

  • #1 Real Estate Team

    - in Arizona

    Ranking Arizona – 2014

  • #1 Agent by Sales Volume

    - in Arizona

    Realty One Group, North Scottsdale Office -2015, 2016 Realty One Group, Scottsdale Office - 2011, 2012, 2013, 2014 Realty One Group, National - April 2014

  • Gold Zone Award

    - in Arizona

    Realty One Group, National - 2014, 2015, 2016

  • Real Trends

    (National REALTOR® Rankings)

    Best Real Estate Agents in America 2014

See More
  • 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

See More