Arizona Real Estate Notebook

Arizona real estate news by John Wake, Associate Broker, HomeSmart

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Paradise Park Trails (McCormick Ranch) market tightening up

March 26th, 2008 · Comments Welcome

I did a CMA for a gentleman in Paradise Park Trails this morning and found the real estate market there strengthening.

Paradise Park Trails, McCormick Ranch, Scottsdale Arizona;

  • Homes sold in the last 3 months = 2
  • Homes currently under contract to buyers = 6
  • Homes currently listed = 14

You can see a burst of recent sales (currently under contract) because we are in the high season for home sales.

If all of those 6 homes currently under contract sold, we would be looking at a normal supply, more of less, of homes for sale in Paradise Park Trails in McCormick Ranch.

Normal is good.

[Originally posted on McCormick Ranch Agent blog.]

Tags: U.S. Real Estate

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