602.616.4829 [email protected]

The Market: Mid-Year Update 2023

The Market: Mid-Year Update 2023

Housing Market Update for Phoenix and neighboring communities including Scottsdale, Paradise Valley, Arcadia and Gilbert.

“Home sale prices steadily increased in 2023 following monthly declines during the second half of 2022.”

Sales of existing homes in the Phoenix Metropolitan Area increased in the 2nd quarter over 1Q23 even as the housing market continues to undergo an adjustment due to rising interest rates.

A Property Journey to Worldwide Exposure

Our Property Journey video showcases the unique global exposure that a listing receives when it is marketed by the Sotheby’s International Realty network.  The exposure and worldwide reach of our listings sets us apart. We partner with media powerhouses to introduce your home to discerning audiences worldwide.  We complement those efforts with targeted digital and print advertising plans that are often exclusive to Sotheby’s International Realty.  In addition to your home being showcased on sothebysrealty.com, it will also be marketed on more than 100 local Sotheby’s International Realty® websites.

If the time is right for you and your personal situation, don’t worry about timing the market, let me guide you through your options to help get you to the next chapter in your life – when the time is right for you ❤️

Contact Michelle Sarocka at 602.616.4829 or [email protected] to learn more.

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Valley of the Sun Relocation Guide

The Valley of the Sun Relocation Guide is designed to provide a wealth of information to those new to the Phoenix area.  As excited as you may be moving to the valley, it may still be a challenge to move in to a new community.  This guide contains information and relocation tips to help smooth your adjustment into Arizona and learn about all the resources and activities available in your new home.  You can also learn about what each wonderful city has to offer, business, education, healthcare, leisure and recreation, sports and athletics, shopping, dining and entertainment.  Click here to view the online guide.

Welcome to the Valley of the Sun!

Buyers Around the Globe Expand Their Search for Luxury Properties

In luxury markets across the globe, buyers are taking a closer look at slightly more out-of-the-way destinations that may offer a bit more value, after a booming real estate market saw prices skyrocket.  Two high-demand luxury destinations are Scottsdale and Paradise Valley near Phoenix, Arizona.  Buyers are moving to these two cities for the lifestyle and jobs are following.
 
 
This section of  the 2023 Luxury Outlook report, explores some of the destinations experiencing growth as a result of Buyers changing needs including Scottsdale and Paradise Valley.  I hope that this compilation of research and industry perspectives, exclusively presented by Sotheby’s International Realty, helps you as you look to invest you equity wisely in the year ahead.
 
 
As always, I am here to answer any questions regarding the market locally or assist in connecting you with a Sotheby’s International Realty expert in another part of the country or world.  Search Luxury Real Estate in Scottsdale and Paradise Valley.
 
 

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