Scottsdale Real Estate Market Update - #3

6JulyMarket Update, Scottsdale

Currently, Scottsdale has 3943 homes for sale, down by 111; 332 home sales are pending, down by 22; and 326 homes were sold in the last 30 days, down by 28. This results in 12.1 months of supply. As well, Scottsdale has 1687 condos for sale, down by 43; 137 condo sales are pending, down by 14; and 137 condos were sold in the last 30 days, down by 1, resulting in 12.3 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-$300,000 214 red-up-arrow 12 50 red-down-arrow 1 40 green-up-arrow 0
$300,001 - $500,000 728 green-down-arrow 13 108 red-down-arrow 8 103 red-down-arrow 12
$500,001 - $750,000 899 green-down-arrow 22 72 red-down-arrow 4 89 red-down-arrow 8
$750,001 - $1,000,000 638 green-down-arrow 13 35 red-down-arrow 2 42 red-down-arrow 3
$1,000,001 - $2,000,000 845 green-down-arrow 41 52 red-down-arrow 3 41 red-down-arrow 3
$2,000,001+ 619 green-down-arrow 34 15 red-down-arrow 3 11 red-down-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, Scottsdale

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