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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6616 E El Sendero Road Carefree, AZ 85377

$3,895,000 - 4Br/5Ba -  for Sale in Carefree Grand View Estates 2, Carefree
Open House
$3,895,000
4 Beds
4.5 Baths
7,085 SqFt
Status Active
MLS # 6768686
Property Type Single Family Residence
Price Type --
STUNNING HILLSIDE HOME w/Mountain & City light views. Relax in peaceful surroundings to experience the pure magic of this very special home. This chic & stylish Southwest home is truly one of a kind offering a harmonious blend of elegance with a relaxed feel. Grand entryway leads into welcoming foyer w/ rustic wood vaulted ceilings w/heavy beams which continue t/o the home. Abundance of natural light creates an inviting ambiance in the Formal Living Rm w/cozy wetbar. Recent main level flooring update; Living Rm, Family Rm and Master/Guest EnSuite...all have been leveled for seamless transitioning throughout. Lovely European Kitchen is culinary delight w/huge island, quartz counters, Wolf Appls & walkin pantry. Dining area w/easy access to patio for exceptional outdoor entertaining...Cont All Four bedrooms are en-suite, offering unparalleled comfort and privacy. Two of the bedrooms are master suites, each with their own unique character & luxurious features. The Upper level Primary Master Retreat is a sanctuary unto itself, complete with spacious living area, custom built-in king platform bed, large spa-like bath with double sinks, large shower, free standing tub, custom walk-in closet, mini-bar w/sink, multiple balconies to relax and enjoy an amazing sunrise & sunset. The second master bedroom is located on the main level of the home w/cozy living area & gas fireplace, full bath w/soaking tub, separate walk-in shower, walk-in closet & access to back patio. The remaining two bedrooms each offer their own distinct charm, each being en-suite. The outdoor spaces of this home have been meticulously re-hardscaped and landscaped, creating a resort-like oasis and truly a paradise, offering multiple seating areas with Pergolas that can be opened and closed to control sunlight, gas fireplace, wood-burning fire pit and built-in BBQ area with refrigerator. The heated pool and spa complete this outdoor haven, providing a perfect place to relax and soak in the stunning surroundings. This extraordinary home is a rare find that seamlessly combines the essence of the Southwest. From the elegant finishes and spacious living areas to the enchanting outdoor spaces with absolutely the most breathtaking majestic views, this residence offers a lifestyle of unparalleled luxury and tranquility. Don't miss the opportunity to make this masterpiece your own. Come experience the magic of this exceptional home.

4333 E Mcdonald Drive Phoenix, AZ 85018

$3,890,000
4 Beds
6 Baths
6,708 SqFt
Status Active
MLS # 6768639
Property Type Single Family Residence
Price Type --
Unbelievably beautiful Camelback Views from the front courtyard, kitchen, family room, back yard and upper rooms. Beautiful renovations from 2021-2024. The Chefs kitchen and extended island is situated perfectly in the center of the home overlooking the stunning Camelback Mountain Views. The entrance of the room is breathtaking, with high ceilings, incredibly open concept and a dream for entertaining. The home offers 4 large bedrooms with ensuites in each room, large walk-in closets in each room, an over sized game room/theater room/or second family room. This home has everything you need and more. With newly renovated bathrooms, new electric wiring, new plumbing, and much more. This is a must see, you will be overwhelmed with the gorgeous views and space.

5339 E Desert Vista Road Paradise Valley, AZ 85253

$3,874,000 - 4Br/4Ba -  for Sale in Paradise Canyon Foothills, Paradise Valley
Open House
$3,874,000
4 Beds
3.5 Baths
5,533 SqFt
Status Active
MLS # 6585543
Property Type Single Family Residence
Price Type --
MOTIVATED SELLER! Panoramic view estate! Gated 4 Bedroom, 3.5 Bath property, with a 3-car garage equipped with a Tesla charger, Enter private courtyard and a dramatic pivot front door that welcomes you into the foyer with high beam ceilings. Amazing views from all vantage points. Updated Kitchen with huge island, updated appliances, gas cooking and commercial refrigerator/freezer. Family room with gas fireplace overlooking east-facing backyard with luxurious pool, turf area and gazebo. Billiard room with hidden wine room. Primary Bedroom with wrap-around balcony, updated Bath with views from soaking tub. Dual closets and walk-in shower. Full casita over garage with living room, kitchenette, bedroom, bath and walk-in closet, great views from balcony. Ready for new owners! Updates include: Roof, ACs, electrical, interior/exterior paint, baths, kitchen. Home is served by SW Gas and is ON SEWER!

39081 N Crested Quail Run Carefree, AZ 85377

$3,860,000
5 Beds
4.5 Baths
6,920 SqFt
Status Active
MLS # 6670266
Property Type Single Family Residence
Price Type --
It's one thing to live in the desert. It's another to experience living in the Sonoran Desert. Welcome to Ocotillo Ridge Estates! This beautiful, John Schultz custom home is surrounded by mountain views, high desert vegetation and a variety of wildlife, that gives one the sense of communing with nature. The home is nestled on a 4.4 acre lot with numerous ocotillos, saguaros and other types of native plants and cacti. The driveway guides you past a 2 BR casita to the main house. Along the way, artisan crafted wood gates mark the entry points to the front patio and mesquite entry door. Once inside, you immediately notice that this is not your normal boxy home design. You'll also discover that every room is oversized. Distinctive elements, such as custom-built Alder cabinets throughout, provide the warmth needed to make this house a home. An open design allows hosts to entertain large gatherings without feeling cramped. There are 4 large sliding glass panels in the Great Room that hide into a pocket and allow the party to flow outside into an expansive covered patio. Turn up the sound system and enjoy! The main house has 2 MBRs and 1 Ensuite BR. The MBR wing boasts an oversized MBA, a huge walk-in closet, a separate exercise room (with exit to an outdoor spa) and another door leading to a private outdoor shower. On the opposite side of the house, the other MBR has a sunken area perfect for reading, studying, working or just plain relaxing. A private exit to the large backyard and infinity pool can be found there as well. The main house also includes a chef's kitchen with a large island, walk-in pantry and breakfast nook. Stroll around to locate the laundry (with built-in ironing board), an office with 2 book closets, a Powder Room and a separate media closet to 'hide' all your audio/visual technology. The casita, while under the same roof as the main house, has its own private entry and outdoor parking space. The design of interior is fashioned after a charming Mexican...casita, with a large family room, full kitchen and washer/dryer closet. The 2 bedrooms share a bathroom with a large walk-in tiled shower. Guests can access the pool, spa and back patio through a delightful side yard. All you'll need to begin enjoying your new home in Carefree is there. After all, the town is not named Carefree for nothing...and neither is Ocotillo Ridge Estates!

28225 N 136th Street Scottsdale, AZ 85262

$3,850,000
8 Beds
7 Baths
7,200 SqFt
Status Active
MLS # 6777351
Property Type Single Family Residence
Price Type --
The 17 Ranch was completed in 2019 making it one of the newer built ranches in the Foothills area. No need to wait on lengthy permit processes or builders timelines. This multifaceted property is not only income producing but has the flexibility to suit almost ANY discipline! Currently has reining footing but could easily add boxes and a return alley for roping and PLENTY of room for jumping or dressage court. Even room to add additional barns! Very good well with 10,000 gallon storage tank. Maintains in the 90 percentile filled water capacity throughout the day, handles ranch and tenant needs very readily. In the Epcor district Above ground 6000 gallon tank for emergencies and arena maintenance if using the motorized water wheel to wet the arena, all come with the ranch sale. Tenancy has zero vacancies on the casitas and apartments and all come FULLY FURNISHED AND TURNKEY!! Many tenancies in place for long term contracts but also have clauses in event the ranch sells Heated pool and spa along with luxury finishes and 12' ceilings make the casitas high end rentals or a great communal living area. The casitas can be easily joined if a larger home was needed. A fourth casita can be built as there is a pad and plumbed in. The casita area has mutilple opportunities and sit on a two acre parcel. The ranch is 6 acres with 4 PIDs. Zoned Ag Exempt Two barns seperated on the property for privacy for each barn. One has 12 stalls, the other has 5 stalls. Show barn has a high end luxury suite attached to the barn which is suited for luxury living or turn that space into an office. 12 stall barn has two 2 bedroom apartments attached making it perfect for staff to easily watch horses with windows facing into the barn. Or these make great rental properties as well and stay full with a wait list. This 12 stall barn would easily convert into a fully enclosed barn if needed. You can open the middle stall wall to make 12x24 stalls for mares and babies or foaling stalls Barns have timers on fans and lights and also automatic waterers. Many horse ammenties on this ranch including a large hay/shaving barn and 4 turn outs. Literally ride out the electronic gate at the 136th entrance to the Fraisfield Trailhead. There is hundreds of acres of non motorized trails designed with horses in mind. The 17 Ranch sits right beside this preserve and the opportunity for a trail riding business is in place. Or take colts and show horses out on safe good riding trails for conditioning and training breaks. Arena is 140' wide and 280' long with Reining horse base and footing. Large enough to accomodate most disciplines.You could easily put in roping chutes and boxes for a great covered roping arena. Need more stalls? Very easy to add to the existing show barn or theres multiple build sites to add other barns. (please see renderings pictures). The ranch was built with the idea to add more stalls. Ask for more information. This is an easy fix and was addressed in the build process. There is a 40' lane along the south side of the arena that could become a barn with 20 stalls, opening to the arena. Also giving full privacy from the road, or build an overhang along the south side of the arena to give privacy and/or park equipment under cover. Also, this area would be a great place for more horse or catlle pens. Its an opportune area to utilize for many needs. Worried about the Rio Verde frontage? Easy fix as the owner has cleared the easement and is beginning plans for trees and privacy shrubs!!! Another option is to use the 280' south (Rio Verde Dr frontage)side of the arena as your own ranch signage and freely market your business to the traffic flowing by daily. There are so many opportunities to create privacy while also capitalizing on what every business needs...EXPOSURE! Access to the ranch on the west side is from 136th making this ranch fully accessible by pavement. On the east side of the ranch is 138th which gives the casitas their own private entrance creating an independant seperate flow for both the tenants and horse operation. The ranch has been working on a C2 rezone and there is potential for a buyer who may want a feed/livestock store. This Rio Verde Dr frontage property makes it the prime location for future commercial rezone. If rezoned today, that could mean this property is worth upwards of $7m commercially so this makes this ranch an incredibly unique investment holding property. Not many ranches in the area have the potential for an investment growth like this ranch does. Being at the intersection where Scottsdale meets the Foothills makes The 17 Ranch the opening corridor to the Foothills and all the potential that comes as the area experiences growth. The ranch is one of the only ranches to have City of Scottsdale easement frontage. This frontage could prove beneficial as the neighboring properties develop. Operate this current turnkey business AND horse facility now and sell later when development demands this corner!!! The 17 Ranch was built to be a fully functioning horse ranch with the unjque opportunity for tenants to live with their horses. Keep it as is and experience the good cash flow generated by horses and tenants, or build more stalls and turn it into a premier horse training location with a very bright and solid future!!! YOUR OPPORTUNITES ARE ENDLESS!! THE 17 RANCH All residences come fully furnished with high quality furnishings and finishes. 3 casitas... each one bedroom one bathroom 1000 sq ft each 2 apartments...each two bedroom one bathroom 850 sq ft each 1 suite...one bedroom one bathroom great room with kitchen 1000 sqft 7 full hookup RV spots 5 stall block show barn with wash rack, tack up stall, cedar wall tack room, AC dog room and two tie poles, 2 oversized stalls and 3 12x12 stalls 12, 12x12 mare motel with custom built stalls, tack room and washroom for clients and trainer Large hay barn for hay, shaving and equipment storage 4 turn outs, 3 have shade covers Fully irrigated landscaping in casita area with gated entrance and heated pool and spa Dog fencing with no climb around horse ranch

27264 N 103rd Way Scottsdale, AZ 85262

$3,850,000
5 Beds
4.5 Baths
5,944 SqFt
Status Active
MLS # 6779860
Property Type Single Family Residence
Price Type --
Luxury living at its finest in the exclusive Estancia community. This stunning one-level soft-contemporary home has 4 beds, 3.5 baths + an office + a detached guest home all located on an interior lot w /breathtaking views. This beautifully designed, open floor plan offers seamless flow for entertaining, with a gourmet kitchen adjacent to a spacious family room, along with separate living and dining rooms. The layout features a large master suite and office on one side, while three additional bedrooms and two bathrooms are thoughtfully separated on the other. Modern decor elements include expansive butt glass windows, beamed ceilings, three gas fireplaces, striking stone columns, hardwood and natural stone flooring, slab granite countertops, stainless steel appliances, and a wet bar. The spacious outdoor living area features full length covered patio, built-in BBQ, firepit, & pool w/spa and boulder water feature. All of this with tremendous views of Pinnacle Peak and fabulous sunsets.

7501 E Cholla Lane Scottsdale, AZ 85250

$3,850,000
5 Beds
4 Baths
4,356 SqFt
Status Active Under Contract
MLS # 6723664
Property Type Single Family Residence
Price Type --
Located on a quiet cul-de-sac in the vibrant heart of Old Town, this exquisite residence offers a thoughtfully designed open floor plan that masterfully blends indoor comforts with outdoor delights. The expansive primary suite is designed as a private retreat, featuring a cozy fireplace and a separate sitting area. The chef-inspired kitchen is a highlight, centered around a striking cascading island and outfitted with stainless steel appliances, well equipped for both intimate family dinners and large gatherings.The dining space accommodates up to 12 guests and flows beautifully into a spectacular backyard through massive 20-foot pocket doors. This outdoor paradise boasts a putting green, several inviting fireplaces, a pergola and a swimming pool, creating a perfect setting for -- entertaining or relaxation. Further enhancing this home's appeal is the extensive 4-car garage along with an RV pad, offering plentiful space for parking and additional storage. This property stands as a beacon of sophisticated and elegant living within Old Town, with easy access to Sky Harbor Int'l Airport, Fashion Square mall, dining, golf courses, major freeways & much more!

7101 E Berneil Lane Paradise Valley, AZ 85253

$3,850,000 - 5Br/4Ba -  for Sale in Cypress Creek Estates, Paradise Valley
Open House
$3,850,000
5 Beds
4 Baths
4,702 SqFt
Status Active
MLS # 6761121
Property Type Single Family Residence
Price Type --
Welcome to your very own paradise! This luxury, move-in ready home offers 5 oversized bedrooms and 4 bathrooms with the 5th bedroom currently being used as an office. This Control4 smart home features a newly remodeled kosher kitchen with a large walk-in pantry. The spacious formal living area, cozy lounge/game room, and the grand dining room that can accommodate at least 20 guests makes for an entertainer's dream. The expansive backyard is home to citrus trees, a fresh herb garden, fire pit, spa, and a newly redone pool. Paradise Valley living at its finest!

8599 E Tecolote Circle Scottsdale, AZ 85266

$3,825,000
6 Beds
5.5 Baths
6,960 SqFt
Status Active
MLS # 6776719
Property Type Single Family Residence
Price Type --
Welcome to the Bowman House, a breathtaking architectural masterpiece crafted by award-winning designer Bob Bacon. Set on 3.4 acres within the prestigious gated Windmill neighborhood at the Scottsdale/Carefree border, this home is the first of eight exclusive residences. Combining warmth with spacious elegance, it offers the perfect blend of luxurious living and entertainment. The main house features 4 bedrooms, 4.5 baths, and a 5-car garage, including an RV bay. The gourmet kitchen boasts quartzite countertops, a Wolf dual-fuel range, dual Asko dishwashers, and dual Sub-Zero refrigerators. The home includes a formal dining room, kitchen, living room, and family room, providing ample space for gatherings. Upstairs is designed for entertaining with a game room and multiple outdoor patios showcasing magnificent high Sonoran desert views. The outdoor living space is ideal for hosting, with a large pool patio for ultimate relaxation. Additionally, a 2-bedroom casita offers privacy and comfort for guests. This property is an entertainer's dream, blending luxury with the beauty of the desert.

40777 N Echo Canyon Drive Cave Creek, AZ 85331

$3,800,000
5 Beds
4.5 Baths
5,799 SqFt
Status Active
MLS # 6757254
Property Type Single Family Residence
Price Type --
On just under 15 acres of pristine land, this one-of-a-kind property offers unmatched privacy and convenience, located just minutes from famous Downtown Cave Creek with its lively entertainment, restaurants, and shopping. For outdoor enthusiasts, the home is perfectly situated near Spur Cross Ranch Conservation Area and Trails, providing easy access to some of the best hiking and riding in Cave Creek. The main house features a spacious and functional layout with two bedrooms and a grand owner's suite, complete with an oversized walk-in closet and a private office. The open living room is lined with windows, offering sweeping views of the beautiful backyard and the stunning mountain landscape. The backyard is an entertainer's paradise, equipped with a basketball court, infinity pool, koi pond, and desert landscaping that blends seamlessly with the natural surroundings. For equestrian lovers, the property also includes two horse stalls, perfect for enjoying the nearby trails. To top it all off, a rooftop deck offers stunning views making this the perfect spot to relax and enjoy the desert sunsets. The 1,500 sq ft guest house offers a cozy studio living space with a kitchenette, and an oversized bedroom upstairs that can double as a game room, office, or study. The sky's the limit! Let's not forget -this home offers a HUGE RV Garage and an additional 3 car garage, providing climate controlled space for up to 8 vehicles. This expansive property offers a rare opportunity to own almost 15 acres of highly sought-after land, combining serene privacy with close proximity to grocery stores, dining, and outdoor adventures. Don't miss out on this exceptional home!

7500 E Old Walnut Canyon Road Flagstaff, AZ 86004

$3,800,000
5 Beds
5 Baths
5,104 SqFt
Status Active
MLS # 6768828
Property Type Single Family Residence
Price Type --
Welcome to an unparalleled 5 acre sanctuary nestled within the Flagstaff city limits, surrounded by the breathtaking beauty of the Coconino National Forest. This exceptional property offers the rare opportunity to embrace serene living just 2 miles from the Continental Country Club, all without the constraints of an HOA. Exquisite main residence spanning 4,106 square feet, this completely remodeled 3-bedroom, 3-bath masterpiece with laundry on both levels boasts high-end finishes and thoughtful design. Step inside to find a spacious open floor plan adorned with custom-built alder cabinets, knotty alder doors, and stunning granite countertops. Enjoy movie nights in your private theater room with surround sound and unwind in the luxurious primary suite featuring an attached home office and a private balcony overlooking the National Forest, complete with a relaxing hot tub. The gourmet kitchen is a chef's dream, equipped with stainless Monogram appliances, beautiful tile accents, and a custom dining island. Enjoy the full entertainers bar with a built-in refrigerated wine cellar and commercial ice maker. Outdoor living is equally impressive, with a stone kitchen featuring a pizza oven, Napoleon BBQ grill, and spacious custom decks for entertaining. Your guests will feel right at home in the newly completed 998-square-foot guest house, which mirrors the meticulous craftsmanship of the main residence. This 2-bedroom, 2-bath haven is the perfect retreat for family and friends. Car enthusiasts and hobbyists will appreciate the expansive 2,024-square-foot garage, equipped with RV doors, Guardian epoxy floors, and interior hookups. This versatile space is ideal for heavy equipment storage, a workshop, or a personal (wo)man cave. Additionally, a detached 12 x 24 garage or flex space offers further possibilities for storage, an office, or a home gym. Unmatched location and amenities with a total of 5 bedrooms and 5 baths, this property is perfect for large gatherings. Enjoy the abundance of wildlife right in your backyard, with elk and deer frequently visiting and take advantage of easy access to national forest hiking trails nearby. Experience the ultimate in Flagstaff living, complete with city water service, a backup water system, APS & back up generator, propane, and two certified septic systems. With plans drawn by premier architect Anne Mead and fully permitted by the city, this home is move-in ready and offered fully furnished (some personal items excluded). This legacy property is truly one-of-a-kind, offering peace, privacy, and luxury in an exclusive setting. Don't miss your chance to own this spectacular retreat. Schedule a private tour today and begin your journey to unparalleled mountain living! Seller is a licensed Real Estate Broker in Arizona.

10150 E Havasupai Drive Unit 1119 Scottsdale, AZ 85255

$3,800,000
4 Beds
4.5 Baths
4,756 SqFt
Status Active
MLS # 6738205
Property Type Townhouse
Price Type --
Contemporary home in The Parks at Silverleaf. This meticulously designed residence features two large Principal Suites, one on each floor, and another guest en suite on the main level - this home offers so much flexibility! The kitchen, equipped with all new Wolf Sub-Zero appliances, a walk-in pantry, and a spacious island with seating, opens to the great room with a fireplace and dining area. The large office/den offers excellent valley views. The upper level boasts a sizable entertainment area with a wet bar and with its' full bathroom it could also serve as another en suite bedroom! The backyard includes a pool, turf, and a covered patio with a dining area. The home is Crestron controlled with Sonos sound throughout. An exceptional opportunity in a prestigious neighborhood.

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