Here at Williams Luxury Homes, we love keeping our eyes on the pulse of the market. Today, once again, we have some new information. As of November 1st, 2022, approximately 60% of the 112 units for sale in North Scottsdale’s Portico luxury condo development are reserved. Buyers currently have non-refundable $5,000 deposits down and are expected to execute hard contracts in mid November. At hard contract, prospective buyers will need to put down 10%. Besides options, the rest will be due at closing. Pricing for still-available units ranges from approx. $900,000 to approximately $1.8 million.
As a dedicated group of real estate professionals in Southern Arizona, we are here to help. Via our experience, industry connections, and passion for Arizona real estate, we help our clients understand the dos and don’ts in our local market. Additionally, we provide our clients with a high level of information to help them make the right decision. In a time like now, where the market is adjusting heavily in favor of buyers, it’s as important as ever you chose the right Realtor.
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Also Read: Weekly Greater Phoenix Real Estate Market Statistical Update