Scottsdale Real Estate Market Update - #2

29JuneMarket Update, Real Estate, Scottsdale

Currently, Scottsdale has 4054 homes for sale, down by 14.  354 home sales pending, down by 12.  And 354 homes were sold in the last 30 days, up by 28.  This results in 11.5 months of supply. As well, Scottsdale has 1730 condos for sale, down by 3.  151 condo sales are pending, down by 4.  And 138 condos were sold in the last 30 days, down by 6, resulting in 12.5 months of supply.

The following is a breakdown of single family homes statistics for the 6 price categories I’ve selected for Scottsdale:

Price Homes for Sale Sales Pending Sold
$0-$300,000 202 red-up-arrow 3 51 red-down-arrow 2 40 green-up-arrow 8
$300,001 - $500,000 741 red-up-arrow 10 116 red-down-arrow 4 115 green-up-arrow 2
$500,001 - $750,000 921 green-down-arrow 4 76 red-down-arrow 1 97 green-up-arrow 8
$750,001 - $1,000,000 651 red-up-arrow 2 37 red-down-arrow 4 45 green-up-arrow 1
$1,000,001 - $2,000,000 886 green-down-arrow 15 55 red-down-arrow 1 44 green-up-arrow 5
$2,000,001+ 653 green-down-arrow 10 18 red-down-arrow 2 13 green-up-arrow 2

*Notes: All data via ARMLS, and is deemed reliable, but is not guaranteed. All sold properties were sold in the last 30 days.

The following trend indicators are relative to the previous week’s update:

green-up-arrow Positive move upward green-down-arrow Positive move downward

red-down-arrow Negative move downward red-up-arrow Negative move upward

Steve Belt by Steve Belt your expert on Scottsdale Real Estate
Realty Executives
Phoenix Area Real Estate Blog


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Filed under: Market Update, Real Estate, Scottsdale

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