Scottsdale Arizona Homes

Scottsdale Arizona Homes

Homes | Luxury | New | Condos | Townhomes | Land | Rentals | Open House
Welcome to Scottsdale Arizona Homes where we hope you enjoy your time here. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.

Scottsdale Arizona ~ Monthly Market Report
by: Coldwell Banker and Scottsdale Arizona Homes ~~ (See Video Report Here) ~~

For Sale

For Rent

Land

Multifamily

Commercial

Location

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartment Style/FlatGemini/Twin HomeLoft StyleMfg/Mobile HousingModular/Pre-FabPatio HomeSingle Family - DetachedTownhouse

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

* Separate multiple values with comma.

Location

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartment Style/FlatGemini/Twin HomeLoft StyleMfg/Mobile HousingPatio HomeSingle Family - DetachedTownhouse

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

* Separate multiple values with comma.

Location

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

* Separate multiple values with comma.

Location

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

School District

Address, MLS# or Keyword

YearAny2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

* Separate multiple values with comma.

Location

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Address, MLS# or Keyword

YearAny2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

* Separate multiple values with comma.

Map

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

25150 N Windy Walk Drive Unit 44 Scottsdale, AZ 85255

New

$665,000

4 Beds

3 Baths

3,372 SqFt

Status Active

MLS # 5663525

Property Type Single Family - Detached

This custom guard gated Lock-and-Leave offers low maintenance resort style living. The crown jewel of this custom home is its jaw dropping views-sparkling city lights, mountains far and near, and expansive sunset views-all overlooking Troon golf course. What could be better? Situated next to a lush open space, the patio with heated spa is private and serene. The Santa Fe inspired interior has all the charm of a true southwest home. The master suite with his and her closets is conveniently located on the first floor; and every bedroom is spacious with custom walk-in closets. The newly renovated Ballantrae Clubhouse with state-of-the-art fitness equipment plus heated pool and spa is included in the HOA for your enjoyment. This is the perfect Arizona lifestyle!

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6907 E Portland Street Scottsdale, AZ 85257

New

$419,500

4 Beds

2 Baths

2,146 SqFt

Status Active

MLS # 5663544

Property Type Single Family - Detached

Location!Location!Location! Walking Distance to Papago Park and Desert Botanical Gardens. Beautifully Remodeled and Move-In Ready! 4 Spacious Bedrooms, 2 baths. New Tile and Carpet Flooring, New granite counter tops, cabinets and windows throughout the home. New Interior/Exterior paint. New plumbing and lighting fixtures too! And so much more to list. Family room has large windows that look out to a sparkling pool. Backyard is great for entertaining and comes with a fire pit and BBQ grill. You won't want to miss this one!

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5125 N Woodmere Fairway -- Scottsdale, AZ 85250

New

$610,000

4 Beds

2 Baths

2,280 SqFt

Status Active

MLS # 5663597

Property Type Single Family - Detached

Fantastic Scottsdale location! Great OPPORTUNITY to own in the highly desirable neighborhood of Vista Bonita. This single level, 4 bedroom 2 bath home, features a flagstone entry with slate tile, and beautiful hardwood floors in the living room.The open concept family/dining room has custom book shelves leading to the covered patio overlooking the pool. The large yard backs up to the Arizona canal.The home has a walk-in laundry room and a 2-car garage. An added feature is the 2 storage rooms, one in the garage and the other off the patio.Minutes to downtown Scottsdale Fashion Square and Chaparral Park.

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10863 N 118th Way Scottsdale, AZ 85259

New

$465,000

3 Beds

3 Baths

2,421 SqFt

Status Active

MLS # 5663604

Property Type Single Family - Detached

This home is a gem, sitting perfectly in a cul-de-sac lot, overlooking the mountains, just blocks away from the leading Charter School BASIS SCOTTSDALE! It backs to a walking path and canal, leaving perfect unobstructed views! This home has only had ONE OWNER who has maintained it impeccably. It's a 3 bedroom, full 3 bath home plus a den (which could easily be converted to a 4th bedroom). There are new blinds, new a/c, newer oversized water heater, turf, built in BBQ, new tile throughout the downstairs and bathrooms, stainless steel appliances, fresh paint, newer patio roof, garage cabinets and door knobs/hinges throughout! This fabulous family home is waiting for its next thoughtful and loving owner!

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16253 N 50th Street Scottsdale, AZ 85254

New

$495,000

4 Beds

2.5 Baths

2,776 SqFt

Status Active

MLS # 5663605

Property Type Single Family - Detached

Scottsdale Beauty! This home has been well taken care of by its owners. The property offers a master split plan, two additional bedrooms and a den which can be converted into a fourth bedroom, two fireplaces and a sparkling pool for your enjoyment on those hot summer days! There is also a gated community park nearby. This property is a must see!!

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14030 E Smokehouse Trail Scottsdale, AZ 85262

New

$1,199,000

4 Beds

3.5 Baths

3,920 SqFt

Status Active

MLS # 5663613

Property Type Single Family - Detached

Exquisite Hawaiian oasis in the desert. This Tuscan style home sits on two lots of prime horse property. The owner has gone above and beyond in creating a one of a kind custom back yard to complete this custom home. Be ready to be ''WOWED'' when you walk through the front door and see the magnificent pool with massive grotto and stair waterfall through the living room 20 x 10 seamless windows. Enjoy the beach entry or swim up to the bar for lots of fun in the sun with family and friends. The backyard includes a sunk-in BBQ and outdoor kitchen along with Travertine tile patio, synthetic grass and Gazebo for entertaining. Watch the sunset from the large Observation Deck with amazing 360 views.

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7714 E Perola Drive Scottsdale, AZ 85266

New

$445,500

2 Beds

2 Baths

1,707 SqFt

Status Active

MLS # 5663684

Property Type Single Family - Detached

HIGHLY DESIRED 2BR + DEN OURO MODEL located in the North Scottsdale community of Bellasera. One owner home--meticulously maintained since it was built. Nestled at the end of a cul-de-sac, this ideally situated home enjoys desert preserve views and privacy. The warm and inviting floor-plan includes a spacious kitchen, den/office and living room with cozy gas fireplace. Natural light abounds in this home and there are quality plantation shutters on most windows. The kitchen features a smooth-top range, built-in micro and loads of cabinetry and counter space. The master retreat looks onto the desert preserve and features a separate tub/shower, dual sinks and nice walk-in closet. The lovely North facing back yard can be enjoyed year-round and boasts a covered patio and soothing fountain.

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10126 E Cochise Drive Scottsdale, AZ 85258

New

$800,000

3 Beds

2 Baths

2,235 SqFt

Status Active

MLS # 5663691

Property Type Single Family - Detached

Undoubtedly one of the finest one level properties on the market in the 'Island at Scottsdale Ranch for discerning buyers who are looking for an exceptional lifestyle. Live each day as if you are on vacation in this sunny, north/south exposure home right on the edge of the lake with sweeping mountain views. The bright reception rooms with vaulted ceilings and wood burning fireplace allow for ease of entertaining with sliders opening onto covered patio, built-in BBQ, waterfall feature and private boat dock. Gorgeous eat-in kitchen has Caesarstone countertops with top of the line appliances and Wolf cooktop and oven. Master bedroom has soaring ceilings and lake views. Walk-in-and-fall-in-love-with the, completely remodeled in 2016, master bathroom with his and massive her's closets,

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8225 E Piccadilly Road Scottsdale, AZ 85251

New

$339,900

3 Beds

2 Baths

1,398 SqFt

Status Active

MLS # 5663711

Property Type Single Family - Detached

Incredible opportunity in one of the hottest neighborhoods in South Scottsdale. This impeccably maintained 1400 sq ft home features 3 bedrooms, 2 baths and a spectacular pool. This is one of those rare original houses with great bones waiting for you to call it home. With a little cosmetic fix up could be a killer place for a first time home buyer, investor or those just looking to create their own masterpiece or come live in the home as is and just enjoy its vintage character. The great news is that all of the mechanicals have been replaced for you. New windows throughout, newer HVAC unit, water heater and the pool has been completely resurfaced with all new equipment. There's also room to expand the one car carport into a 2 car garage. So come take a look. Opportunity is knocking!

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7325 E Gallego Lane Scottsdale, AZ 85255

Open House

New

$575,000

4 Beds

3 Baths

2,463 SqFt

Status Active

MLS # 5662950

Property Type Single Family - Detached

This home is special. It has a private, oversized lot, backing up to a beautiful greenspace in the heart of Grayhawk. The exterior, garage and cool deck have all just been updated. The Pebble Tech pool has a large sunning space. The interior is move in ready, with lovely European hardwoods upstairs and down. The open concept kitchen is complimented by a guest bath and downstairs office. Formal dining is attached to the living room. The upstairs master has a unique side room, for whatever you want it to be. Four bedrooms upstairs with a circular flow, adding an extra layer of safety. Mountain views off the master deck. This house will not be on the market long.

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7620 E Via De Corto Street Scottsdale, AZ 85258

New

$1,799,900

7 Beds

6.5 Baths

6,728 SqFt

Status Active

MLS # 5662974

Property Type Single Family - Detached

Incredible Lakeside Contemporary Masterpiece unlike anything else in the area! Extensive use of Imported Materials from all over the world! Dramatic, Open Floorplan with the best of everything: Professional Kitchen with Italian Cabinets and Lighting, Brand New Thermador 48'' Refrigerator, Miele coffee maker, 48'' Professional Range and dual dishwashers; Amazing Master Bath with Jets, Rain Hood, Chromotherapy Tub, Vessel Sinks; Brazillian Hand-scraped Jatoba Floors with Ebony Stain throughout, 25ft Vaulted Ceilings, Spectacular 20ft Tall Fireplace, Play loft, wet bar, wine refrigerator; BRAND NEW Entertainer's backyard features 1100 sqft Pebblesheen Pool with Covered Ramada, Fireplace, outdoor TV, Built in Grill, Firepit, Lush Landscaping with over 20 Palms, and Bocce Ball court.

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7815 E Camino Vivaz -- Scottsdale, AZ 85255

New

$1,125,000

5 Beds

3.5 Baths

4,276 SqFt

Status Active

MLS # 5662976

Property Type Single Family - Detached

Dream Home In North Scottsdale's 85255 Gated Community of Highly Sought After Vista Monterey. This Home Has It Alll on an Approx. 1 Acre Lot w/ Ultimate Privacy. Resort Style Backyard With Pool, Water Feature, Custom Built In BBQ, Custom Fountain & Lush Landscaping. This Exquisite Home is Move-In Ready w/ New Paint Throughout, New Carpet, & Brand New Gas Cooktop & Plantation Shutters. Enter Through a Beautiful Courtyard. The Venetian Floor Plan Offers a Split Floor Plan w/ Master Bedroom & Office In One Wing & 4 Bedrooms Plus Bonus Game Room/Entertainment Den In The Other Wing. 5 Minute Walk to Sonoran Hills Park & Pinnacle Peak Preparatory School. Enjoy Everything That Pinnacle Peak Has to Offer-Fabulous Restaurants, World Class Golf, & Hiking In Pinnacle Peak & McDowell Mountain Range

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8916 E Camino Del Santo -- Scottsdale, AZ 85260

New

$542,900

3 Beds

3 Baths

2,432 SqFt

Status Active

MLS # 5662984

Property Type Single Family - Detached

Beautiful single level home with split-floor plan. There are 3 full bathrooms and 3 bedrooms PLUS a Den/Office. The Master Suite has a Jacuzzi tub, separate shower, double vanities, a huge walk-in closet and private entry from the rear patio area. The huge kitchen boasts new granite counters, double, spacious center island and pantry cabinet. Massive pillars accent the entrance to the Living and Dining rooms. Plantation Shutters and 2'' Blinds through out. Great patio overlooking the private pool and terraced yard. The 3 car garage has two walls of cabinets and TWO 50 gallon solar hot water heaters. Pre-wired for alarm system. Great Scottsdale location that is convenient to shopping and 101 Freeway.

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14036 N 58th Street Scottsdale, AZ 85254

New

$360,000

3 Beds

2 Baths

1,506 SqFt

Status Active

MLS # 5662995

Property Type Single Family - Detached

LIFESTYLE MATTERS! Be 1st to this CONTEMPORARY OASIS nestled in the MAGIC ZIP of 85254. 68K+ spent on RECENT UPDATES & REMODEL so all you'll have to do is turn a key! ENERGY EFFICIENT Gem was UPGRADED in 2014 w/NEW 14 SEER A/C including DUCT WORK & GRATES, PELLA WINDOWS & DOORS, & an additional 11'' of attic insulation making your ANNUAL MONTHLY AVERAGE JUST $171 per MONTH, & that's WITH a POOL! Seller spared no expense & it's easy to see the PRIDE OF OWNERSHIP. New kitchen, appliances, baths, flooring, light & plumbing fixtures, paint, wall & ceiling texture, baseboards, closets, interior doors, hardware, tubs, toilets, under mount sinks, switches, fans, garage door, the list is more extensive. Check out the pics & document section for all the QUALITY INCLUSIONS. HUGE .25 AC LOT, NO HOA

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9076 E Aster Drive Scottsdale, AZ 85260

Open House

New

$440,000

4 Beds

2 Baths

1,926 SqFt

Status Active

MLS # 5663001

Property Type Single Family - Detached

Tastefully Updated Throughout * Excellent Kitchen with Beautiful Cherry Cabinets, Slab Granite Countertops, & Stainless-Steel Appliances Opening to the Family Room * WB Two-Sided Fireplace Between the Family Room & the Spacious Formal Living Room * 4 Bedrooms, 2 Baths * Extensive Ceramic Tile * Direct Pool Access from Master * Beautifully Landscaped * Single Level * High Vaulted Ceiling * New AC in 2010 * New Roof Underlayment in 2011 * North/South Lot * Quick Access to Loop-101 and Super Convenient to Excellent Shopping AJ's, Safeway, Fry's, Costco, Sam's Club, Trader Joe's, Home Depot, Lowes, Fine Dining, and So Much More! * Neat as a Pin! * Don't Miss This Gem!

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8225 E Fairmount Avenue Scottsdale, AZ 85251

New

$458,225

3 Beds

2 Baths

1,689 SqFt

Status Active

MLS # 5663020

Property Type Single Family - Detached

MWM Presents Modern Charm. Exquisite 3BR 2BA 2CG Remodel will blow you away! No Detail Spared! Stunning Curb Appeal- This home is a MUST see! Awesome Old Town Scottsdale location, close to Chaparral Park, Camelback Mountain, Fashion Square, 101, restaurants, & more. Home has been COMPLETELY remodeled with unique, designer finishes. Interior was totally opened up from 12 ft sliding patio door opening to a beautiful lush backyard, highlighting gourmet kitchen remodel that transformed the living space into an entertainers dream. Both bathroom remodels just completed! Home also offers: generous room sizes, split floorplan, all NEW windows, smooth stucco exterior, Epoxy garage, brick paver EXTENDED driveway, tankless water heater, NEW electric panel & all new landscaping!

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7505 E Mariposa Grande Drive Scottsdale, AZ 85255

Open House

New

$495,000

3 Beds

2.5 Baths

2,378 SqFt

Status Active

MLS # 5663035

Property Type Single Family - Detached

ONE OF THE BEST PREMIUM LOTS IN TALARA! BACKS TO OPEN DESERT WITH NO TWO STORY HOMES ON EITHER SIDE! GREAT UNOBSTRUCTED VIEWS! Super clean, remodeled 3 bedroom/2.5 bath with travertine and hardwood floors. Custom paint, upgraded/remodeled open kitchen with gorgeous granite overlooks the family room. Enjoy the private patio with access from the master bedroom and family room. Office/den with doors for privacy away from the main family area. Split floor plan with ample room for guests. Wood shutters throughout with neutral colors. Home is move in ready for buyers that need something quick! Walk to many close amenities...Sprouts, Safeway, restaurants!!

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5429 E Wethersfield Road Scottsdale, AZ 85254

New

$429,900

4 Beds

2 Baths

2,231 SqFt

Status Active

MLS # 5663043

Property Type Single Family - Detached

Looking for a new place for you and your family? Then this fantastic 4 bed, 2 bath property now for sale in Scottsdale is just for you! This lavish home features desert landscaping, 3 car garage, RV gate, vaulted ceilings, dining and living areas, a cozy fireplace, bay windows, and neutral paint. The fabulous kitchen is equipped with ample cabinet and counter space, a pantry, matching appliances, and a charming island with a breakfast bar. The beautiful master bedroom boasts a private entry, a full bath with his and her sinks, separate tub and shower, and a spacious walk-in closet. Outside in the expansive backyard you will find an extended covered patio and paved seating area perfect for spending time with friends and family! Your new home is waiting for you, schedule a showing today!

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Property Sales
August Property sales were 695, down 0.9% from 701 in August of 2016 and 2.4% higher than the 679 sales last month. August 2017 sales were at a mid level compared to August of 2016 and 2015. August YTD sales of 6,003 are running 10.2% ahead of last year’s year-to-date sales of 5,449.

Prices
The Median Sales Price in August was $403,000, up 4.7% from $385,000 in August of 2016 and down 4.1% from $420,105 last month. The Average Sales Price in August was $531,395, up 13.5% from $468,154 in August of 2016 and up 2.1% from $520,465 last month. August 2017 ASP was at the highest level compared to August of 2016 and 2015.

Inventory
The Total Inventory of Properties available for sale as of August was 2,698, up 5.8% from 2,550 last month and down 1.4% from 2,735 in August of last year. August 2017 Inventory was at a mid level compared with August of 2016 and 2015.

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for August was 67, down 13.0% from 77 days last month and down 18.3% from 82 days in August of last year. The August 2017 DOM was at its lowest level compared with August of 2016 and 2015.

Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The August 2017 Selling Price per Square Foot of $219 was down 0.7% from $220 last month and up 9.4% from 200 in August of last year.

Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The August 2017 Selling Price vs Original List Price of 94.7% was up from 94.5% last month and up from 94.1% in August of last year.

Whether you’re thinking about buying or selling, you can contact me directly to discuss your local market. I’d love to be your trusted real estate advisor if you’re looking to make a change this year. Please feel free to contact me with any questions, as I will be happy to hear from you – Thanks!!  (480)208-7955

Corey Frederic
Coldwell Banker Residential Brokerage