Be Cool and Save MoneyReduce Your Air Conditioning Costs

The Handlebar’s Quick & DeliciousQuinoa Summer Salad

Leaving on a Jet Plane

Wheels Up!

Cove

r Pho

togr

aphy

| Saw

yer A

viatio

n

If your home is currently listed, this is not a solicitation for that listing. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

All information is deemed reliable but not guaranteed. Properties on this list have been listed/sold by various members of the MLS.

• Unprecedented Success in Grayhawk & North Scottsdale• Top 1% Statewide • Luxury Property Specialists

Call Jerry and Matt for the most effective marketing plan to sell your Grayhawk property.

Fairway Independent Mortgage Corporation and any above mentioned companies are not affiliated. This information is not intended to be an indication of loan qualification, loan approval or a commitment to lend. Other limitations may apply. ©2014 Fairway Independent Mortgage Corporation FIMC NMLS ID#2289 (www.nmlsconsumeraccess.org) EQUAL HOUSING LENDER

Travis WicksBranch ManagerNMLS ID 229664Fairway Independent Mortgage Corporation

Office: 602-753-1402Fax: 866-406-0540twicks@fairwaymc.comwww.traviscwicks.com

The Tulman Group

“As a corporate executive that has relocated many times, we have never received this level of service. You have set the standard that other agents should strive to achieve.” — RS “Through Jerry & Matt’s knowledge of the market, perseverance and contacts, our home was promptly sold. I would highly recommend the Tulmans.” — NS “Jerry & Matt successfully represented us in the purchase of a new home and sale of our previous home at the top of the price range within 10 days.” — JG

7221 E. Princess Blvd. Suite 117

Scottsdale 85255

“Providing the Pinnacle of Service to Our Clients”

www.tulmangroup.comJerry Tulman | 480.250.1135jerry@tulmangroup.com

Matt Tulman | 480.510.8133matt@tulmangroup.com

July | August 2014

Grayhawk Transaction

ReportPresented By

The Tulman Group

at the HawkADDRESS SQFT LIST PRICE SUBDIVISION LIST PER/SQFT ACTIVE 8533 E Overlook Drive 8,046 $2,890,000 Serenity $359.18 8736 E Overlook Drive 4,882 $2,235,000 Serenity $457.80 21378 N 78th Street 3,759 $995,000 Halcon $264.70 20845 N 83rd Place 3,891 $995,000 Peregrine Vistas $255.72 8010 E Wingspan Way 3,811 $938,000 Los Vientos $246.13 20101 N 85th Place 3,109 $900,000 Avante $289.48 20338 N 84th Way 3,212 $780,000 Renaissance $242.84 8469 E Gilded Perch Drive 2,724 $775,000 Renaissance $284.51 8505 E Gilded Perch Drive 2,434 $755,000 Renaissance $310.19 UNDER CONTRACT/PENDING 21390 N 83RD Street 4,600 $1,100,000 Firenze $239.13 8156 E Windwood Lane 3,150 $837,000 Los Vientos $265.71 ADDRESS SQFT LIST PRICE SOLD PRICE SOLD PER/SQFT

LUXURY SALES IN GRAYHAWK 21688 N 81st Street 5,781 $2,199,000 $2,150,000 $371.19 8185 E Fledgling Drive 5,887 $1,975,000 $1,925,000 $326.99 8030 E Whistling Wind Way 5,707 $2,000,000 $1,900,000 $332.92 8702 E Overlook Drive 4,653 $1,500,000 $1,450,000 $311.63 20040 N 85th Place 3,462 $1,099,000 $1,044,000 $301.58 8590 E Angel Spirit Drive 3,212 $1,049,000 $980,000 $305.11 8309 E Tailfeather Drive 2,790 $975,000 $985,000 $353.05 20124 N 85th Place 3,109 $995,000 $950,000 $305.56 20557 N 83rd Place 3,744 $860,000 $800,000 $213.67 20286 N 84th Way 2,895 $825,000 $775,000 $267.70 8481 E Gilded Perch Drive 2,724 $739,000 $700,000 $256.98 8559 E Angel Spirit Drive 2,977 $735,000 $675,000 $226.74

Luxury By The Numbers...2,900 Number of active luxury listings Valley wide on May 1st, down slightly from April 1, but up 31% year-over-year.

48% Year-over-year increase in the number of May 1 luxury listings that were priced between $500,000 and $600,000 – the biggest increase of any price range.

$268 Three month moving average of price per square foot for Valley luxury homes in April, up 26% from low of $213 per square foot in August 2011.

363 Number of Valley luxury sales in April, up 26% from March and 3% from a year ago.

2.7% Portion of May 1 active luxury listings that were distressed, meaning short sales or lender-owned, while the rest were normal resales. Last year, distressed properties made up 4.5% of luxury supply.

100% Year-over-year increase in the number of April luxury sales priced above $1.5 million.

Source: Phoenix Business Journal, May 23, 2014.

GRAYHAWK LUXURY LISTINGS

Calling all seasoned travelers! Want to impress your sweetheart or your fabulous family like never before? Consider planning a stylish summer trip and book your own private jet for an unforgettable weekend getaway. It’s the ultimate in luxury and convenience... and believe it or not, it’s more affordable than you might think. Whetheryou’reflyingtoSanFranciscofor a business trip or heading to cooler climes for a quick escape, private jets offer the perks of your own personal plane, available only when you need it. The biggest advantage? You will save a ton of time by not waiting on long lines at check-in and eliminating connecting flightsaltogether.Howdoesarrivingamere 5 to 15 minutes prior to departure sound? And those long security lines? Yes,youskipthose,too.Smallerprivateplanesarealsoabletoflyintosmallerairports, which may be closer to your

ultimate destination. This of course saves you additional time. In fact, aviation experts estimate you can save four and a half hours per flighteachtimeyou book a private charter plane. Charter jets offer several luxurious types of aircraft, depending on your destination, length of trip, and number of passengers. Plane varieties include small turbo prop planes and light jets all the way up to mid and heavy jets.Imagineabusinessflightduringwhich you and your associates can work in comfortable conference-style seating maximizingefficiencyintheair.Ifflyingfor pleasure, you’ll savor the catered cuisine that is nothing like standard airplane fare. And you’ll arrive at your destination refreshed after visiting the private restroom. Andfinally,youalsogettheadvantageof choosing your travel companions. No more chatty passengers disturbing you if you want to catch up on sleep, no more crying babies if you’re trying to work, and no more lines for a shared bathroom. You’re also allowed much more freedom on board the plane, since it’s your own personal chartered plane.

The cost for these perks? You can expect to pay somewhere between $3,000to$6,000perhourofflight, depending on the class of airplane selected.So-called“emptyleg” flightsareonewaytocutdownon yourexpenses.Sinceapproximately 40 percent of all private charter return tripflightsflywithnopassengersinthecabin,savvyflierscanbookthesefaresat up to 50 percent off regular rates. Sonexttimeyou’relookingtosplurge a bit, consider whisking your sweetie off for a romantic getaway in Las Vegas or flyingyourextendedclanofftoafamilyreunion in Aspen, all in your own private jet. It will be the trip of a lifetime... and may be the beginning of a new way to travel. Wheels up, anyone?

During the summer months it might be time to take a hard look at your cooling system and determine if you could savesignificantmoneybyupgradingorreplacingit. Heatingandcoolingisthebiggestenergyuserinmosthomes, accounting for more than 40 percent of a home’s energy bills. Agoodfirststepistohaveanenergyassessmentdoneonyourhomebyanenergyefficiencyprofessional.Theassessment can range from a simple walk-through up to a comprehensive audit that includes blower-door tests that pressurize the house so energy leaks can be detected and duct-blaster tests to test for integrity of the duct system. When looking for an auditor, look for someone with a HomeEnergyRatingSystem(HERS)rating.Yourlocalutilitycompany may subsidize the cost of the audit. Onceyoumakeyourhomemoreenergyefficientwithwell-sealed ductwork and adequate insulation, a properly programmed thermostat is another way to save money on heating and cooling costs. Programmable thermostats let

you automatically reduce your energy usage when you are out of the house by adjusting the temperature so that your cooling system will run less while you are away. IfyourHVACsystemismorethan10yearsold,replacingthe old system may be the way to go. A new system could better heat or cool your home making you more comfortable and saving you money in the long run. ByinvestinginthehighestenergyratedHVACsystempossible now, you are hedging your bets against higher energy costs in the future.

Theefficiencyofcentralaircondition-ing systems is rated by a SeasonalEnergyEfficiencyRatio(SEER).Youcanthinkofitasmilespergallon,thehighertheSEER,the lower the utility bill. As of January

2006,theminimumallowableefficiencyfornewaircon-ditionersis13-SEER.Systemsmanufacturedtodayrangefrom13to24-SEER.Airconditionersratedcloserto24-SEERcan cost half as much to run as those with the minimum

limit. Look for models with the EnergyStar rating because thosemodelsareabout10to15percentmoreefficientthanstandardmodels.SeekaqualifiedHVACprofessionalto do a load calculation to properly size your system. YourHVACsystemisabiginvestment.Bydoingalittleresearch and considering these factors, your wallet will thank you in the long run.

QUINOASALADINGREDIENTS:2 c cooked quinoa1/2 c cooked beets large dice1/2 c sugar snap peas bias cut into 1/4’s1/2 c pomegranate seeds1/2csweetgarlicdressing(recipefollows)4 tbsp crumbled feta cheese to top salads4 leaves butter leaf lettuceSaltandpeppertotaste

SWEETGARLICDRESSINGINGREDIENTS:1/2 c apple cider vinegar1/2 c vegetable oil1/2 c sugar4 garlic cloves 1/4 red onion1 tsp salt1 tsp pepper1 tsp Worcestershire

SWEETGARLICDRESSINGDIRECTIONS:Mix together the oil, vinegar and sugar. Pour a small amount of the liquid in a blender with the salt, pepper, Worcestershire, garlic,andredonion.Pureeuntilsmooth.Streamintheremaining liquid with the blender running, turn off and adjust the seasonings as need.

Yield: 2 Cups

QUINOASALADDIRECTIONS:In a large mixing bowl combine the cooked quinoa, beets; sugarsnappeas,andpomegranateseeds.Seasontheseitemslightly with salt and pepper, and then add the sweet garlic dressing and toss to combine.

Toplate:Placealeafofbutterlettuceineachofthe4bowlsand divide the quinoa salad evenly amongst the 4 bowls. Top each salad with a tablespoon of crumbled feta cheese.

Servings: 4

Peter PanArizona Broadway Theatre | July 11-August 17623.776.8400 | AZBroadway.org“Secondstartotheright,andstraightontillmorning!”Known by many from the 1953 Disney movie, Peter Pantellsthestoryofthemischievousboywhocanfly,who never ages, and who spends his never-ending childhood adventuring on the enchanting isles of Neverland as the undisputed leader of the Lost Boys. This summer, audiences are invited to sprinkle a little pixie dust and join Peter, Wendy, Michael, John and Tinker Bell on a magical adventure as they battle alligatorsandthenotoriousCaptainHookinArizonaBroadwayTheatre’shigh-flyingandfancifulspectacle!

KierlandCommonsSummerConcertKierland Commons | July 19480.348.1577 | KierlandCommons.comEnjoythiscomplimentaryconcertinCenterPlazafrom7-9p.m.ChuckE.Babywillbeplayingclassicrockfavorites.ChuckE.BabyandtheAll-starswerevotedas“Top10Finalist|BestOf”inthelocalbandcategoryforAZCentralBest2013Reader’sChoiceAwardsfor the 5th consecutive year.

Dr. JohnTalkingStickResort|August8480.850.7734|TalkingStickResort.comDr. John is an ambassador to all things New Orleans. The man known as the Night Tripper will bring his life-honedsoundtotheShowroomatTalkingStickResort.Knownforsongslike“RightPlaceWrongTime”and“DowninNewOrleans,”Dr.John’smusicalfootprinthasspannedoverfivedecades.HehaswonsixGrammyAwardsandwasinductedintotheRockandRollHallofFamebysingerJohnLegendinMarch2011.

AnthemSprintTriathlonAnthem Community Center | August 23623.330.0913|4PeaksRacing.comThis reverse order sprint triathlon will kick-off your fall seasonwithabang!TheAnthemSprintTriathlon,hostedin conjunction with Team Anthem Multisport Club, is held in a great location and on a fantastic course. Consisting of a 5km run, a fast 20km bike course and a 400mswimtothefinish,TheAnthemSprintTriathlonis a great way to start your fall racing season.

GhostTownsofArizona:PhotographyofKurtWennerPuebloGrandeMuseum|throughAugust30602.495.0901 | Phoenix.govThis exhibit features over 40 photographs of Arizona ghost towns, taken by Kurt Wenner between 1996 and 2006. Though many of the places and structures in the images no longer survive, this exhibit strives to tell the story that not all history is written by people who liveinbigcities.Peoplefindold,abandonedplacesfascinating, and certainly full of questions. Why was this town built? Who lived here? Why did they leave?

JULY|AUGUST2014

QUINOA SALAD WITH ROASTED BEETS

TheHandlebarTempe480.474.4888|HandlebarAZ.com

In Good Taste Event Calendar

COOLING EFFICIENTLY

Calling all seasoned travelers! Want to impress your sweetheart or your fabulous family like never before? Consider planning a stylish summer trip and book your own private jet for an unforgettable weekend getaway. It’s the ultimate in luxury and convenience... and believe it or not, it’s more affordable than you might think. Whetheryou’reflyingtoSanFranciscofor a business trip or heading to cooler climes for a quick escape, private jets offer the perks of your own personal plane, available only when you need it. The biggest advantage? You will save a ton of time by not waiting on long lines at check-in and eliminating connecting flightsaltogether.Howdoesarrivingamere 5 to 15 minutes prior to departure sound? And those long security lines? Yes,youskipthose,too.Smallerprivateplanesarealsoabletoflyintosmallerairports, which may be closer to your

ultimate destination. This of course saves you additional time. In fact, aviation experts estimate you can save four and a half hours per flighteachtimeyou book a private charter plane. Charter jets offer several luxurious types of aircraft, depending on your destination, length of trip, and number of passengers. Plane varieties include small turbo prop planes and light jets all the way up to mid and heavy jets.Imagineabusinessflightduringwhich you and your associates can work in comfortable conference-style seating maximizingefficiencyintheair.Ifflyingfor pleasure, you’ll savor the catered cuisine that is nothing like standard airplane fare. And you’ll arrive at your destination refreshed after visiting the private restroom. Andfinally,youalsogettheadvantageof choosing your travel companions. No more chatty passengers disturbing you if you want to catch up on sleep, no more crying babies if you’re trying to work, and no more lines for a shared bathroom. You’re also allowed much more freedom on board the plane, since it’s your own personal chartered plane.

The cost for these perks? You can expect to pay somewhere between $3,000to$6,000perhourofflight, depending on the class of airplane selected.So-called“emptyleg” flightsareonewaytocutdownon yourexpenses.Sinceapproximately 40 percent of all private charter return tripflightsflywithnopassengersinthecabin,savvyflierscanbookthesefaresat up to 50 percent off regular rates. Sonexttimeyou’relookingtosplurge a bit, consider whisking your sweetie off for a romantic getaway in Las Vegas or flyingyourextendedclanofftoafamilyreunion in Aspen, all in your own private jet. It will be the trip of a lifetime... and may be the beginning of a new way to travel. Wheels up, anyone?

During the summer months it might be time to take a hard look at your cooling system and determine if you could savesignificantmoneybyupgradingorreplacingit. Heatingandcoolingisthebiggestenergyuserinmosthomes, accounting for more than 40 percent of a home’s energy bills. Agoodfirststepistohaveanenergyassessmentdoneonyourhomebyanenergyefficiencyprofessional.Theassessment can range from a simple walk-through up to a comprehensive audit that includes blower-door tests that pressurize the house so energy leaks can be detected and duct-blaster tests to test for integrity of the duct system. When looking for an auditor, look for someone with a HomeEnergyRatingSystem(HERS)rating.Yourlocalutilitycompany may subsidize the cost of the audit. Onceyoumakeyourhomemoreenergyefficientwithwell-sealed ductwork and adequate insulation, a properly programmed thermostat is another way to save money on heating and cooling costs. Programmable thermostats let

you automatically reduce your energy usage when you are out of the house by adjusting the temperature so that your cooling system will run less while you are away. IfyourHVACsystemismorethan10yearsold,replacingthe old system may be the way to go. A new system could better heat or cool your home making you more comfortable and saving you money in the long run. ByinvestinginthehighestenergyratedHVACsystempossible now, you are hedging your bets against higher energy costs in the future.

Theefficiencyofcentralaircondition-ing systems is rated by a SeasonalEnergyEfficiencyRatio(SEER).Youcanthinkofitasmilespergallon,thehighertheSEER,the lower the utility bill. As of January

2006,theminimumallowableefficiencyfornewaircon-ditionersis13-SEER.Systemsmanufacturedtodayrangefrom13to24-SEER.Airconditionersratedcloserto24-SEERcan cost half as much to run as those with the minimum

limit. Look for models with the EnergyStar rating because thosemodelsareabout10to15percentmoreefficientthanstandardmodels.SeekaqualifiedHVACprofessionalto do a load calculation to properly size your system. YourHVACsystemisabiginvestment.Bydoingalittleresearch and considering these factors, your wallet will thank you in the long run.

QUINOASALADINGREDIENTS:2 c cooked quinoa1/2 c cooked beets large dice1/2 c sugar snap peas bias cut into 1/4’s1/2 c pomegranate seeds1/2csweetgarlicdressing(recipefollows)4 tbsp crumbled feta cheese to top salads4 leaves butter leaf lettuceSaltandpeppertotaste

SWEETGARLICDRESSINGINGREDIENTS:1/2 c apple cider vinegar1/2 c vegetable oil1/2 c sugar4 garlic cloves 1/4 red onion1 tsp salt1 tsp pepper1 tsp Worcestershire

SWEETGARLICDRESSINGDIRECTIONS:Mix together the oil, vinegar and sugar. Pour a small amount of the liquid in a blender with the salt, pepper, Worcestershire, garlic,andredonion.Pureeuntilsmooth.Streamintheremaining liquid with the blender running, turn off and adjust the seasonings as need.

Yield: 2 Cups

QUINOASALADDIRECTIONS:In a large mixing bowl combine the cooked quinoa, beets; sugarsnappeas,andpomegranateseeds.Seasontheseitemslightly with salt and pepper, and then add the sweet garlic dressing and toss to combine.

Toplate:Placealeafofbutterlettuceineachofthe4bowlsand divide the quinoa salad evenly amongst the 4 bowls. Top each salad with a tablespoon of crumbled feta cheese.

Servings: 4

Peter PanArizona Broadway Theatre | July 11-August 17623.776.8400 | AZBroadway.org“Secondstartotheright,andstraightontillmorning!”Known by many from the 1953 Disney movie, Peter Pantellsthestoryofthemischievousboywhocanfly,who never ages, and who spends his never-ending childhood adventuring on the enchanting isles of Neverland as the undisputed leader of the Lost Boys. This summer, audiences are invited to sprinkle a little pixie dust and join Peter, Wendy, Michael, John and Tinker Bell on a magical adventure as they battle alligatorsandthenotoriousCaptainHookinArizonaBroadwayTheatre’shigh-flyingandfancifulspectacle!

KierlandCommonsSummerConcertKierland Commons | July 19480.348.1577 | KierlandCommons.comEnjoythiscomplimentaryconcertinCenterPlazafrom7-9p.m.ChuckE.Babywillbeplayingclassicrockfavorites.ChuckE.BabyandtheAll-starswerevotedas“Top10Finalist|BestOf”inthelocalbandcategoryforAZCentralBest2013Reader’sChoiceAwardsfor the 5th consecutive year.

Dr. JohnTalkingStickResort|August8480.850.7734|TalkingStickResort.comDr. John is an ambassador to all things New Orleans. The man known as the Night Tripper will bring his life-honedsoundtotheShowroomatTalkingStickResort.Knownforsongslike“RightPlaceWrongTime”and“DowninNewOrleans,”Dr.John’smusicalfootprinthasspannedoverfivedecades.HehaswonsixGrammyAwardsandwasinductedintotheRockandRollHallofFamebysingerJohnLegendinMarch2011.

AnthemSprintTriathlonAnthem Community Center | August 23623.330.0913|4PeaksRacing.comThis reverse order sprint triathlon will kick-off your fall seasonwithabang!TheAnthemSprintTriathlon,hostedin conjunction with Team Anthem Multisport Club, is held in a great location and on a fantastic course. Consisting of a 5km run, a fast 20km bike course and a 400mswimtothefinish,TheAnthemSprintTriathlonis a great way to start your fall racing season.

GhostTownsofArizona:PhotographyofKurtWennerPuebloGrandeMuseum|throughAugust30602.495.0901 | Phoenix.govThis exhibit features over 40 photographs of Arizona ghost towns, taken by Kurt Wenner between 1996 and 2006. Though many of the places and structures in the images no longer survive, this exhibit strives to tell the story that not all history is written by people who liveinbigcities.Peoplefindold,abandonedplacesfascinating, and certainly full of questions. Why was this town built? Who lived here? Why did they leave?

JULY|AUGUST2014

QUINOA SALAD WITH ROASTED BEETS

TheHandlebarTempe480.474.4888|HandlebarAZ.com

In Good Taste Event Calendar

COOLING EFFICIENTLY

Be Cool and Save MoneyReduce Your Air Conditioning Costs

The Handlebar’s Quick & DeliciousQuinoa Summer Salad

Leaving on a Jet Plane

Wheels Up!

Cove

r Pho

togr

aphy

| Saw

yer A

viatio

n

If your home is currently listed, this is not a solicitation for that listing. Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

All information is deemed reliable but not guaranteed. Properties on this list have been listed/sold by various members of the MLS.

• Unprecedented Success in Grayhawk & North Scottsdale• Top 1% Statewide • Luxury Property Specialists

Call Jerry and Matt for the most effective marketing plan to sell your Grayhawk property.

Fairway Independent Mortgage Corporation and any above mentioned companies are not affiliated. This information is not intended to be an indication of loan qualification, loan approval or a commitment to lend. Other limitations may apply. ©2014 Fairway Independent Mortgage Corporation FIMC NMLS ID#2289 (www.nmlsconsumeraccess.org) EQUAL HOUSING LENDER

Travis WicksBranch ManagerNMLS ID 229664Fairway Independent Mortgage Corporation

Office: 602-753-1402Fax: 866-406-0540twicks@fairwaymc.comwww.traviscwicks.com

The Tulman Group

“As a corporate executive that has relocated many times, we have never received this level of service. You have set the standard that other agents should strive to achieve.” — RS “Through Jerry & Matt’s knowledge of the market, perseverance and contacts, our home was promptly sold. I would highly recommend the Tulmans.” — NS “Jerry & Matt successfully represented us in the purchase of a new home and sale of our previous home at the top of the price range within 10 days.” — JG

7221 E. Princess Blvd. Suite 117

Scottsdale 85255

“Providing the Pinnacle of Service to Our Clients”

www.tulmangroup.comJerry Tulman | 480.250.1135jerry@tulmangroup.com

Matt Tulman | 480.510.8133matt@tulmangroup.com

July | August 2014

Grayhawk Transaction

ReportPresented By

The Tulman Group

at the HawkADDRESS SQFT LIST PRICE SUBDIVISION LIST PER/SQFT ACTIVE 8533 E Overlook Drive 8,046 $2,890,000 Serenity $359.18 8736 E Overlook Drive 4,882 $2,235,000 Serenity $457.80 21378 N 78th Street 3,759 $995,000 Halcon $264.70 20845 N 83rd Place 3,891 $995,000 Peregrine Vistas $255.72 8010 E Wingspan Way 3,811 $938,000 Los Vientos $246.13 20101 N 85th Place 3,109 $900,000 Avante $289.48 20338 N 84th Way 3,212 $780,000 Renaissance $242.84 8469 E Gilded Perch Drive 2,724 $775,000 Renaissance $284.51 8505 E Gilded Perch Drive 2,434 $755,000 Renaissance $310.19 UNDER CONTRACT/PENDING 21390 N 83RD Street 4,600 $1,100,000 Firenze $239.13 8156 E Windwood Lane 3,150 $837,000 Los Vientos $265.71 ADDRESS SQFT LIST PRICE SOLD PRICE SOLD PER/SQFT

LUXURY SALES IN GRAYHAWK 21688 N 81st Street 5,781 $2,199,000 $2,150,000 $371.19 8185 E Fledgling Drive 5,887 $1,975,000 $1,925,000 $326.99 8030 E Whistling Wind Way 5,707 $2,000,000 $1,900,000 $332.92 8702 E Overlook Drive 4,653 $1,500,000 $1,450,000 $311.63 20040 N 85th Place 3,462 $1,099,000 $1,044,000 $301.58 8590 E Angel Spirit Drive 3,212 $1,049,000 $980,000 $305.11 8309 E Tailfeather Drive 2,790 $975,000 $985,000 $353.05 20124 N 85th Place 3,109 $995,000 $950,000 $305.56 20557 N 83rd Place 3,744 $860,000 $800,000 $213.67 20286 N 84th Way 2,895 $825,000 $775,000 $267.70 8481 E Gilded Perch Drive 2,724 $739,000 $700,000 $256.98 8559 E Angel Spirit Drive 2,977 $735,000 $675,000 $226.74

Luxury By The Numbers...2,900 Number of active luxury listings Valley wide on May 1st, down slightly from April 1, but up 31% year-over-year.

48% Year-over-year increase in the number of May 1 luxury listings that were priced between $500,000 and $600,000 – the biggest increase of any price range.

$268 Three month moving average of price per square foot for Valley luxury homes in April, up 26% from low of $213 per square foot in August 2011.

363 Number of Valley luxury sales in April, up 26% from March and 3% from a year ago.

2.7% Portion of May 1 active luxury listings that were distressed, meaning short sales or lender-owned, while the rest were normal resales. Last year, distressed properties made up 4.5% of luxury supply.

100% Year-over-year increase in the number of April luxury sales priced above $1.5 million.

Source: Phoenix Business Journal, May 23, 2014.

GRAYHAWK LUXURY LISTINGS