How Low Supply and High Demand Impacts the Real Estate Market

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a 6-months inventory supply since August 2012!
  • Buyer Demand continues to outpace Seller Supply!

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4350 N Jokake Drive Scottsdale, AZ 85251

$6,975,000 - 5Br/6Ba -  for Sale in Arcadia Manors, Scottsdale
Open House
$6,975,000
5 Beds
5.5 Baths
6,750 SqFt
Status Active
MLS # 6716654
Property Type Single Family Residence
Price Type --
This is a very special home created by long time Arcadia builders Mike and Kim Krogh. The lush acre plus lot is one of the best in the neighborhood with exceptional curb appeal and a backyard that is the depth of an actual football field with a new pickle ball court and adjacent shaded ramada to relax under between games. Every surface in the home is brand new, and the modern architecture perfectly combines elegance and comfort with clean lines and fresh finishes at every turn. The neutral palette and perfectly placed splash of color create organic beauty and a truly serene vibe. The double island kitchen is exquisite, the living spaces are exceptional, all the bedrooms and baths are beautiful and the unique designer finishes include wood flooring, artistic tile, marble, quartz, wood

26761 N 98th Way Scottsdale, AZ 85262

$6,950,000
4 Beds
5 Baths
7,106 SqFt
Status Active
MLS # 6665458
Property Type Single Family Residence
Price Type --
An extraordinary property nestled just under Pinnacle Peak on the highest lot in Estancia * A exceptional example of tradition, charm & elegance designed by Jeff Biever and built by Bob Byrd * Split floor plan with a large master suite that includes a sitting area and office * Beautifully landscaped hillside setting with a negative edge pool that spills toward spectacular city light, mountain and golf course views * Interior details and materials include travertine and flagstone flooring, granite and marble surfaces and hand-carved doors and cabinetry * A separate entrance guest house with kitchenette completes the residence *

5400 E Valle Vista Road Unit 6 Phoenix, AZ 85018

$6,950,000
5 Beds
6.5 Baths
10,519 SqFt
Status Active
MLS # 6765140
Property Type Single Family Residence
Price Type --
Highest Home on the south of Camelback with spectacular vistas. Very private gated estate sits on almost 3.5 acres. 10,500+ sf of living, 7 car garage, 12,000+ sf patios with magnificent views floating over Phx & Scottsdale. Main house includes huge master suite, gym, theatre room, wine cellar, billiards rooms, office & 2 very large private guest suites. Negative edge pool & hot tub, BBQ, perfect for entertaining. 2B/2BA Guest home large w/living room & full kitchen. Property also has an art studio, workshop, & storage. An opportunity to do a light remodel but value is in the land. Build a trophy estate on Camelback with the city allowing 37,000+ sf of lot disturbance and little to no pad prep to build the ultimate estate.

6717 E Solano Drive Paradise Valley, AZ 85253

$6,950,000
4 Beds
5.5 Baths
6,425 SqFt
Status Active
MLS # 6784399
Property Type Single Family Residence
Price Type --
This beautiful home of almost 7000 sq ft located in the heart of Paradise Valley, is an entertainers delight. In 2022 with the addition of over 3000 sq feet to the original homes footprint, the design team at Legacy Remodeling have created an exceptional home that boast both luxury and comfort. As you enter the home you are greeted by a beautiful outdoor courtyard with a fireplace and water feature both imported from France. No detail has been overlooked in this stunning kitchen with butler pantry. From the Wolfe, Cove and Subzero appliances to the bookmatched quartzite countertops, this dream kitchen has it all. The formal dining room located off the kitchen has wall to wall sliders on 2 sides of the room that open all the way to give you the feeling of dining al fresco. Take the elevator or stairs to the primary suite, with a balcony and gorgeous views of Camelback Mountain and the infamous Praying Monk. The primary bathroom has a washer and dryer conveniently located so no need to bring laundry up and down. The oversized steam shower is the highlight of the bathroom. The original homes footprint has 2 bedrooms along with a very large family room with a wood burning fireplace and game room. A new wine room was built with glass doors and a high top table to entertain your friends and family. The home also has a greenhouse room for indoor gardening. The backyard has a large outdoor cooking area and bar with plenty of seating. There is a putting green, pool and a ramada with an outdoor fireplace along with another gas firepit with bench seating around it. Enjoy the stunning views of Camelback Mountain and the beautiful Arizona sunsets while outdoors in this relaxing and serene backyard.

4116 E Mountain View Road Phoenix, AZ 85028

$6,950,000
7 Beds
7.5 Baths
7,427 SqFt
Status Active Under Contract
MLS # 6691499
Property Type Single Family Residence
Price Type --
Experience the pinnacle of luxury living with this extraordinary new construction estate, where every detail exudes unparalleled craftsmanship and sophistication. A harmonious blend of timeless elegance and contemporary grandeur. Designed to captivate the senses, the architectural brilliance of this estate is shown in every detail, from the majestic facade to the spectacular interior spaces. Just wait to experience the game of lights and the impressive LED designs. Expansive and bright living space open to a state of the art kitchen. Absolute culinary masterpiece with top of the line appliances, quartzite counters, custom cabinets, designer lights and fixtures. A second island for dining purpose available to be installed if Buyer wishes. Generous fully equipped butlers pantry adjacent to the kitchen. The heart of the home is a glorious contemporary fireplace dividing the space to offer versatility. Store your wine collection in the oversized climate controlled wine vault. The primary suite offers a wealth of luxurious amenities. 2 water closets, 2 custom walk-in closets, colossal multi-head shower room, soak-in tub. From your bed you get to enjoy the breathtaking views of your resort style backyard. All bedrooms are huge with their own lavish en-suite bathrooms located near a second living room. Wait to see the casita - elegant and private with full kitchen, laundry room, private entry and access to the garage and backyard.The outdoors space is every entertainer's dream - fireplaces to bring all the drama, Caribbean water color heated pool&spa, shower, turf and real grass, pickleball & basketball court, outdoor kitchen. Oh and those mountain views & stunning Arizona skies. Speaking of views, go up to the overlook deck and marvel at the serene beauty and awe-inspiring city lights and dreamy mountains. Landscaping is a perfection- a flawless symphony embracing the charm of the enchanting Sonoran desert. Highest tier energy efficient home.Prime location near A+ rated schools, fine dining, hiking, shopping, resorts. Easy access to 51 freeway that can take you to sought after venues within minutes.

5525 E Lincoln Drive Unit 124 Paradise Valley, AZ 85253

$6,935,000
4 Beds
4.5 Baths
4,068 SqFt
Status Active
MLS # 6783044
Property Type Single Family Residence
Price Type --
Nestled in the prestigious Mountain Shadows Estates West of Paradise Valley, this luxurious 4-bedroom, 4.5-bathroom residence offers unparalleled elegance with breathtaking views of Camelback Mountain and direct access to the Mountain Shadows golf course, located on the scenic 10th hole tee box. Designed with meticulous attention to detail, this home seamlessly blends modern amenities with timeless sophistication. The expansive floor plan is anchored by a gourmet kitchen, featuring premium appliances, a large island, and custom cabinetry—perfect for entertaining. Throughout the home, large windows capture the stunning natural beauty of the surrounding landscape, filling the interiors with abundant natural light and showcasing the iconic Camelback Mountain views. Outside, the beautifully landscaped backyard offers a serene oasis with a covered patio, perfect for enjoying Arizona's breathtaking sunsets. The home also includes a three-car garage and ample storage space. Residents can gain access to the Mountain Shadows Resort, located just moments away. Indulge in world-class amenities, including fine dining, a luxurious spa, a state-of-the-art fitness center, and a resort-style poolall within the resort's sophisticated, serene setting. Don't miss the opportunity to own this exquisite property in Mountain Shadows Estates West. Listing Agent and Co-Listing Agent have a financial interest in the property (see documents tab for disclosure).

18720 N 101st Street Unit 3017 Scottsdale, AZ 85255

$6,900,000
5 Beds
5.5 Baths
5,534 SqFt
Status Active
MLS # 6635509
Property Type Apartment
Price Type --
The FINAL and much anticipated phase of the highly successful Icon project now available with construction well underway and estimated completion in 2025. This is not only an opportunity for extraordinary views and new construction , it also continues to be the best opportunity to be inside the gates of Silverleaf. ICON at Silverleaf offers an unlimited lifestyle with the lock-and-leave luxury of exceptional single-story flats amid the incomparable beauty of Arizona's McDowell Mountains. This rare and unique offering of spacious, open-concept residences affords the very best of all possible worlds, close to the cosmopolitan conveniences of affluent North Scottsdale, yet secreted within the pristine privacy of the Sonoran Desert behind the gates of the truly iconic upscale private community of Silverleaf. An exquisite 5 BEDROOM CONDOMINIUM WITH BREATHTAKING VIEWS. With a total of 5,534 square feet, this contemporary yet timeless residence offers a spacious open floor plan and luxurious living. The expansive exterior patio offers plenty of room for entertainment while the interiors are meticulously crafted with high-end finishes and upscale details. Four parking spaces are included with this home along with two ample storage units. Silverleaf, located in North Scottsdale, Arizona, is a prestigious guard gated community known for its luxurious estates, exclusive golf courses, private Club and stunning desert landscapes. The Tom Weiskopf-designed Silverleaf Golf Course is a highlight for golf enthusiasts. With a blend of Spanish and Mediterranean-inspired architecture, the community offers a high standard of living, including upscale amenities like spas, fine dining, and exclusive shopping. Residents enjoy a harmonious balance between modern luxury and the natural beauty of the desert environment, making Silverleaf a sought-after destination for those seeking an exceptional lifestyle in North Scottsdale.

7714 N Calle Caballeros -- Paradise Valley, AZ 85253

$6,900,000
6 Beds
7 Baths
8,369 SqFt
Status Active
MLS # 6773494
Property Type Single Family Residence
Price Type --
This stunning estate in Paradise Valley greets you with dramatic landscaping and lush lawns, effortlessly merging timeless charm with modern sophistication. Spanning 8,369 sq ft, the main house and separate casita are designed with meticulous attention to detail, featuring a barrel-vaulted herringbone brick ceiling in the kitchen, hand-carved wood beams in the living room, beautiful arched hallways, and exquisite stone and wood flooring throughout. Transform movie nights with the lavish custom theater and game room, ideal for gatherings with family and friends on warm summer days. Retractable glass walls in both the family and living rooms open to a resort-style backyard, complete with two custom cabanas overlooking a glass-tiled pool and expansive lawn. The primary suite, nestled in its own private wing, offers a cozy sitting area, an ultra-luxurious bath, custom his-and-hers closets, an exercise room with a wet bar, and a secluded patio. Down the grand arched hallway, you'll find the formal dining room adjacent to a wine cellar, as well as an impressive office featuring coffered wood ceilings and its own private patio.

1875 E Dragonshead Road Rimrock, AZ 86335

$6,900,000
2 Beds
1 Bath
2,526 SqFt
Status Active
MLS # 6756667
Property Type Single Family Residence
Price Type --
The spectacular Dyck Ranch is one of the largest privately held properties in central Arizona's stunning Verde Valley. It is 314 acres of endless opportunities, with over a mile and a half of Wet Beaver Creek running through it year round and 22 acres of irrigated farm land with grandfathered water rights. There are 3 wells (including an agricultural well for field irrigation) and a 2500 sf limestone, 2 bedroom residence originally built in 1959 and remodeled in 2010 to be a stunning studio space with 18 ft ceilings and floor-to-ceiling windows overlooking a well fed pond ringed with mature trees. The ranch sees extensive wildlife and backs up to Coconino NFS and the Montezuma Castle National Monument. It even hosts its own cliff dwelling archeological site and a suspension footbridge. A 100 miles from Phoenix, 50 miles from Flagstaff and 20 miles from Sedona, the old Dyck Ranch sits at a temperate 3500 ft in elevation. The varied topography offers mesas, gently sloping hillsides, and rocky outcrops overlooking an extensive riparian environment, pastures and irrigated fields. There are numerous potential building sites available for buyers looking to develop and acres and acres of space from the neighbors for buyers looking for privacy. Originally owned by renowned Western artist Paul Dyck for over 65 years, the property has supported cattle and horses, as well alfalfa and hay production over the years and now boasts a solar array with batteries designed to allow the ranch to function off-grid if desired. This quintessential Western ranch and secluded artist retreat is looking to you for the next stage in its existence, be it as private ranch, a retreat center, a sustainable family farm, an equestrian facility, a vineyard/winery, a luxury eco-resort, a wedding/event venue, or an entirely new subdivision of luxury homesthis land is ready for just about anything you can think of.

1385 S Loy Road Cornville, AZ 86325

$6,900,000
10 Beds
10 Baths
39,489 SqFt
Status Active
MLS # 6757510
Property Type Single Family Residence
Price Type --
Unparalleled opportunity to own over 40 acres outside of Sedona. These remarkable 8 parcels hold the potential to create your own ranch, business, and rental opportunities all in one place. Sitting Creekside and just 20 minutes outside of Sedona, this horse property includes residential homes, a hotel, an opera house, indoor skating rink, tennis court, golf course, barn/stable, general store, and original stage coach. Listing Broker has full parcel and property details. This is truly a one of a kind property.

5950 W Table Mesa Road New River, AZ 85087

$6,900,000
4 Beds
4 Baths
6,107 SqFt
Status Active
MLS # 6779134
Property Type Single Family Residence
Price Type --
There is one covered R V area with water, sewer, power, additional covered parking, built in horse shade and feeding area, mature trees and landscaping, extensive outside lighting, all underground watering system, over 25 thousand sq. of grass, 20 X 40 ft. swimming pool with cabana and covered patio on main house. The Aqua Fria River flows through this property and has flowing water most of the year. A recently completed synthetic grass driving range with two golf holes and driving Tee boxes at 120yds.. 75yds.. 50yds.. and sand bunkers. Full sized double green, observation deck, various trails all the way to Prescott AZ - off road trails and horse trails. There is room for future development of R V spaces and or single family lots

7155 E Oakmont Drive Paradise Valley, AZ 85253

$6,900,000
5 Beds
4.5 Baths
5,088 SqFt
Status Active
MLS # 6760542
Property Type Single Family Residence
Price Type --
This corner golf green ethereal estate, completely renovated in 2017, is a turnkey, award-winning, corner 1-acre lot, golf green, panoramic mountain view property with monthly rental bookings at $51K per month by A-list celebrities. This transcendent estate has earned the most prestigious recognition from Airbnb, including the Top 1% award, the Gold Badge award, the Guest Favorite award, and the Luxe designation. This is the only corner lot home in Paradise Valley perched on a golf green with sweeping mountain views. You can build a house with a large square footage but you cannot recreate a corner golf green lot with mountain views, and rarity is what drives value. This rare estate boasts a one-of-one location perched on a coveted corner elevated golf green lot with 360-degree mountain views in the heart of the neighborhood. This award-winning luxury vacation rental estate, which A-list celebrities have rented for $51K per month, is an architectural masterpiece that is located in the exclusive Camelback Country Club Estates in Paradise Valley, Arizona, which is the most expensive zip code in the Southwest United States, just 10 minutes from downtown Scottsdale and the Scottsdale SDL Private Airport. This singular, light-bathed, ethereal estate is perched on an elevated corner lot with sweeping views over a Ritz Carlton Camelback championship golf green. At night, this home controls the floodlighting of the golf green, illuminating the flag of Hole Three just 45 feet away against the stunning nightscape. This ethereal estate is reminiscent of a Roman palace with symmetrical, reflective designs that would make even the Taj Mahal blush while seamlessly blending grandeur with modern luxury, creating a living experience that feels both timeless and otherworldly. This home is more than just a residenceit is a private resort, a legacy, and a work of art. It boasts a stunning location, as it is a corner lot close to the golf green, in the center of the neighborhood at the heart of the golf course. This elevated lot provides 360-degree mountain views while towering over all other homes in the neighborhood. The home encircles a private, walled interior courtyard enclave, ensuring that this estate cannot be replicated anywhere in the world. The corner elevated lot with a golf green and mountain views is not just one-of-a-kind but one-of-one. The home is surrounded by verdant lawns, three mature citrus gardens, and 33 tall eucalyptus, orange, and palm trees, while the Audubon Sanctuary of birds provides a melodious backdrop for 360-degree mountain views. The home's breathtaking enclosed courtyard design includes five ensuite bedrooms, a library/office, a gym, and a four-car garage with a carport. Every bedroom is an ensuite retreat offering unique features like Zen citrus gardens, private courtyards, or expansive decks. The master wing boasts a private sitting room, a gym/massage room, a walk-in closet, a water closet, a jacuzzi tub beneath a skylight, a four-headed multi-directional shower, and an authentic Finnish sauna. The master suite opens directly into both a private courtyard and a Zen citrus garden. This beautiful fortress of walled privacy has a one-of-a-kind, massive enclosed interior courtyard with a heated Roman swimming pool and outdoor shower that are supremely private, making it perfect for skinny-dipping. This courtyard also features 42 regal light fixtures, Grecian columns, and a 12-foot ornate snooker table imported from England that is three times the size of a regular pool table. Massive decks and courtyards provide the perfect vantage point for stargazing by night, while the large expanses of lawn and lush greenery offer an oasis of peace and privacy and 360-degree mountain views. You will be captivated by this opulent structure's grand scale, unparalleled craftsmanship, and massive grounds. Spanish tile floors and four adobe-style fireplaces add to the grandeur, with designer finishes accentuating modern conveniences. The chef's kitchen boasts endless countertops, a dining-table-sized island, and Thermador appliances. The courtyard also provides an exceptional space for entertaining, with oversized covered patios creating the perfect space for hosting guests or relaxing in the serenity of the landscape around the sparkling walk-in Roman pool. An outdoor shower in the courtyard adds a luxurious touch, perfect for cooling off or a refreshing rinse after swimming in perfect privacy in the interior enclosed courtyard. This exquisite, stunning home is a rare find that offers a lifestyle of unparalleled luxury and privacy. Welcome to your personal paradise, where every day feels like a hole-in-one and every night feels like a dream come true!

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