Scottsdale Arizona Homes

Scottsdale Arizona Homes

Homes | Luxury | New | Condos | Townhomes | Land | Rentals | Open House | Monthly Market Report
$0-$200 | $200-$300 | $300-$400 | $400-$600 | $600-$800 | $800-$1M | $1M-$2M | $2M-$3M | $3M+

85250 | 85251 | 85254 | 85255 | 85257 | 85258 | 85259 | 85260 | 85262 | 85266

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

YearAny2018+2017+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

YearAny2018+2017+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

YearAny2018+2017+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

YearAny2018+2017+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

Property listings 1 - 18 of 1785

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

10040 E Happy Valley Road Unit 468 Scottsdale, AZ 85255

New

$1,300,000

3 Beds

5 Baths

3,768 SqFt

Status Active

MLS # 5782304

Property Type Single Family - Detached

Designed by well known architect Bob Bacon. Enter the exposed aggregate driveway to a flagstone entry with and soothing water feature night lit fountain. Open floor plan with a wet bar servicing both the dining and family rooms. The kitchen with center island opens to a spacious breakfast area with a corner window open to the desert landscaping.The master bedroom upstairs boasts spectacular views from the bedroom or outdoor patio. Gas fireplace and sitting area. Master bath has dual his/her sinks with marble counters. Large master closet. Downstairs there are two large bedrooms with private baths. Both bedrooms exit to a private patio. Negative edge pool and heated spa offer views of the valley and Desert Highlands Hole #3. Large building envelope to allow for a guest house.

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6530 E Camino Santo -- Scottsdale, AZ 85254

New

$395,000

4 Beds

2 Baths

2,168 SqFt

Status Active

MLS # 5782309

Property Type Single Family - Detached

Large 4 Bedroom 2 Bath home with POOL . Over 2100 square feet single level. Detached 2 car TANDEM WORKSHOP/GARAGE. RV GATE on Westside of the property. Kitchen has tons of counter space and NEW STAINLESS STEEL Appliances. Main living areas (Kitchen, Living Room, Dining/Family Room and Hallways all have NEW TRAVERTINE TILE. DUAL PANE ENERGY EFFICIENT WINDOWS. Desert landscaping front and back yards. PEBBLE TEC diving pool **FRONT LOAD WASHER AND DRYER** Near Kierland. NO HOA!! TENANT IN PLACE UNTIL JANUARY 16th 2019.

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7262 E Camino Del Monte -- Scottsdale, AZ 85255

New

$365,000

3 Beds

2 Baths

1,527 SqFt

Status Active

MLS # 5782431

Property Type Single Family - Detached

Immaculately landscaped front and back lawn with built in putting green, Fruit Trees. N/S exposure in this beautiful gated neighborhood. Community Pool & Spa! Numerous upgrades Leaded glass decorative windows beside and above front door, security screen door,security system, Bay window in eat-in kitchen. Vaulted ceilings, upgraded six panel doors, wood blinds throughout in this very functional split floor plan with large master bath incl. separate oval tub & shower, double sinks and walk-in mirrored closet.

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10067 E Gray Road Scottsdale, AZ 85260

New

$385,000

3 Beds

2 Baths

1,763 SqFt

Status Active

MLS # 5782440

Property Type Single Family - Detached

Great location for investor!* TENANT'S RIGHTS! This property presently has a lease that expires 12/31/2018 at a monthly rent of 1520.00 * tenant wanting to remain for longer*No showings unless we have an accepted contract, contingent upon physical and contractual inspections by Buyer*Great location in Scottsdale*3 Bed 2 Bath single story home in AVIARA!desert landscaping front & Backyard* This home offers open kitchen,Formal dining and living room** familyroom w/wood burning fireplace*The master retreat has vaulted ceilings and a walk-in closet; the bath includes dual vanities, glass shower, and soaking tub*Covered patio to desert landscaped backyard* Aviara offers well maintained grounds, a community pool/spa, with a large grass area/Ramada great for your pets or children to enjoy*

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10440 E Larkspur Drive Scottsdale, AZ 85259

New

$1,625,000

6 Beds

6.5 Baths

7,000 SqFt

Status Active

MLS # 5782534

Property Type Single Family - Detached

Beautiful home with loads of space and multiple uses! Conveniently located in central Scottsdale in highly desired Cactus Corridor. This home boasts at total 4,750 sf with 2,250 sf detached casita and 1,500 sf show garage/carriage house. Home itself has 5 bedrooms. Casita includes master suite, kitchen, wine cellar, theater rm, entertainment rm and a view deck. The garage is insulated and climate controlled, roll up hideaway garage doors and fire sprinklers for keeping 11 of your finest automobiles protected. Beautiful outdoor space for entertaining with large pool and outdoor kitchen. A completely hidden 10K solar system saves on avg $3,600 annually. RV accessible. Fully gated and very private. Endless possibilities to create your own piece of paradise.Home currently grosses $200k rent

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8025 E Krail Street Scottsdale, AZ 85250

New

$500,000

3 Beds

2.5 Baths

2,326 SqFt

Status Active

MLS # 5782537

Property Type Single Family - Detached

Take the first step toward happiness in this amazing Scottsdale home! The perfect Central Scottsdale location provides easy access to Loop 101, a plethora of golf courses, and fantastic shopping! Well maintained with a flowing floor plan that offers a neutral color palette, and picture windows that allow for tons of natural light. Handsome tiled fireplace with custom mantel and plenty of hearth side seating! Beautifully upgraded kitchen features stainless steel appliances, custom cabinets, granite counters, and an island with a breakfast bar. Three spacious bedrooms have plush carpeting. Master includes a walk in closet and an adjoining bath. Entertain family and friends in the backyard oasis with a refreshing blue pool, covered patio, and low care landscape! Don't miss this MUST SEE home!

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8433 E Cholla Street Scottsdale, AZ 85260

New

$880,000

4 Beds

3.5 Baths

3,154 SqFt

Status Active

MLS # 5782655

Property Type Single Family - Detached

Entertainers Dream. Presenting this 4 bedroom, 3.5 bath home in desirable area. No HOA's on this Acre Lot with plenty of room for your RV & Toys. Great Room floor plan with Updated Kitchen. Master has a jetted tub and walk in shower with dual heads and overhead rain with unlimited hot water. Bedroom 2 has full bath room. Large mature trees in resort like backyard. Outdoor kitchen w/large counter area for dining /entertaining. Gas fire pit near pool with water features, sunken fire pit/conversation area, a large grass area and two RV gates. Attached to the garage is a flex room capable of being an office, workout room, or lounge area.

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8730 E Rancho Vista Drive Scottsdale, AZ 85251

New

$355,000

3 Beds

2 Baths

1,416 SqFt

Status Active

MLS # 5782359

Property Type Single Family - Detached

BEAUTIFUL RANCH HOME MINUTES TO DOWNTOWN SCOTTSDALE *DESIRABLE DOWNTOWN 85251 ZIP CODE *THREE BEDROOMS/TWO BATHROOMS, LIVING ROOM, KITCHEN/FAMILY ROOM *TWO CAR GARAGE *NEW INTERIOR/EXTERIOR PAINT *ALL DUAL PANE WINDOWS INCLUDING BRAND NEW SLIDING GLASS DOOR TO YARD *AIR CONDITIONER REPLACED IN 2009 *ROOF REDONE IN 2008 *VERY WELL MAINTAINED *LARGE LIVING ROOM LEADS TO FAMILY ROOM/KITCHEN *COUNTRY STYLE DOOR TO YARD *FLOORING IS A COMBINATION OF CERAMIC TILE & CARPET *BATHROOMS FEATURE NEWER VANITIES, FIXTURES, SURROUNDS & LIGHTING *LAUNDRY/UTILITY ROOM *EXTENDED COVERED PATIO WITH SIDE AREA PLANTERS *SPACIOUS BACKYARD WITH BLOCK WALL & NEWER GATE TO ALLEY *PERFECT FOR PET OR GARDEN WITH ROOM FOR A POOL IF DESIRED *FABULOUS LOCATION MINUTES TO FASHION SQUARE, CHAPARRAL LAKE & MUCH MORE!

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7500 E Deer Valley Road Unit 4 Scottsdale, AZ 85255

Open House

New

$314,900

3 Beds

2.5 Baths

1,872 SqFt

Status Active

MLS # 5782394

Property Type Single Family - Detached

Priced to Sell! This 3 bed 2.5 bath has a huge master bedroom, all bedrooms have large walk in closets. Why pay rent when you can own? This is an excellent investment in desirable AZ Silverado. Located in North Scottsdale just outside of Grayhawk in close proximity to all that North Scottsdale has to offer! Great schools, world class golf and amazing hiking trails are a stone's throw away. $50k less than any other single family home in the area.

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5012 E Winchcomb Drive Scottsdale, AZ 85254

New

$379,000

3 Beds

2 Baths

1,823 SqFt

Status Active

MLS # 5782430

Property Type Single Family - Detached

Don't miss this opportunity for a wonderful 3 bedroom, 2 bath home in the highly coveted 85254! Enjoy the updated slate tile floors as well as one of a kind reclaimed hardwood in the living and dining room that came straight from a local ballet studio dance floor. Chiseled edge granite counter-tops and stainless steel appliances in the kitchen along with slate shower surrounds and vessel sinks in the bathrooms make this a beautiful home. Relax after a long day in the master bath jacuzzi tub. An over-sized low maintenance landscaped lot round out this special property. Hurry before it is gone.

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11416 N 64th Place Scottsdale, AZ 85254

Open House

New

$729,000

3 Beds

2 Baths

2,169 SqFt

Status Active

MLS # 5782511

Property Type Single Family - Detached

An incredibly beautiful home on an enormous lot in an amazing part of Scottsdale! Horse privileges, a wonderful neighborhood, quiet street, amazing schools (Sequoya Elementary, Cocopah Middle, and Chaparral HS) and a great price! Home underwent a complete and very thorough renovation! Professionally designed with quality materials and workmanship! Excellent location in the heart of Scottsdale and just minutes from Paradise Valley, Old Town Scottsdale, Kierland, Scottsdale Quarter, and Scottsdale Airpark! If you're looking for a stunning home on a large lot at a fair price, welcome home!

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8807 E Dahlia Drive Scottsdale, AZ 85260

New

$359,900

4 Beds

2 Baths

1,613 SqFt

Status Active

MLS # 5782580

Property Type Single Family - Detached

Supremely located, this 4 bd, 2 ba house will delight you. Very clean, nicely updated, this home is tucked back in a cul de sac. Raised panel maple cabinets, black appliances, kitchen sink window and lots of counter space make this the perfect kitchen. Separate dining nook surrounded by windows that provide lots of natural light. Really nice pergot wood grain laminate flooring throughout. Lush and cushy carpet in all the bedrooms. The first floor Master bedroom is very spacious with a large walk in closet and extra big shower. Both bathrooms were recently remodeled and look amazing. Very Private backyard has an extended covered patio and fabulous pebble tec play pool. This home has been well kept and very well loved. Seller may sell some of the furnishings on a separate bill of sale.

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10510 E Terra Drive Scottsdale, AZ 85258

New

$545,000

4 Beds

2 Baths

2,121 SqFt

Status Active

MLS # 5782664

Property Type Single Family - Detached

Scottsdale Ranch Home! Remodeled Kitchen: Granite Counters, Franke SS Sink, GE Profile Range/Oven, Kitchen Aid Side by Side Superba Refrigerator, Kitchen Aid Dishwasher, Cabinets w/Glass Inserts, Pull-Out Drawers. Remodeled Bathrooms: Granite Counters, Toto Toilets, Santex Fixtures, Aquatic Serenity VII Air Bath. Ceiling Fans, Plantation Shutters, Pella Sliding Doors, NEST Thermostat, RING Doorbell, ADT Security System with Cameras. Large N/S Corner Lot, Play Pool & Spa, Firepit, Benches, Concrete Planters, Saltillo Pavered Patios, Grass, Mature Landscaping. Rare 3-Car Garage, Garage Cabinets. Biggest Gift: TESLA Solar Panels (6.785 KW), (2) Powerwalls (13.5 KW each),TESLA Performance Guarantee. Details on Home Improvement List & on Photos. Scottsdale Ranch Amenities, Scottsdale Schools.

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5840 E Windsor Avenue Scottsdale, AZ 85257

New

$465,000

2 Beds

1.5 Baths

1,442 SqFt

Status Active

MLS # 5782689

Property Type Single Family - Detached

Extraordinary and unique home in the coveted Sherwood Heights neighborhood.This home is a magnificent expression of the art of renowned artist Vickie Morrow. Come savor the color and creativity by making this your clients' home. Or, investors please note the tremendous potential of offering this lovely home as a short term vacation rental. Lucrative income potential for an investor or a homeowner who wants to present this home only occasionally as a vacation home. Chandelier currently over breakfast bar does not convey!! It is being replaced.

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19055 N 95th Way Scottsdale, AZ 85255

New

$1,675,000

5 Beds

4.5 Baths

4,677 SqFt

Status Active

MLS # 5781899

Property Type Single Family - Detached

Fabulous knock-out views from this single level home located in a quiet, gated neighborhood. Entertaining is a breeze with the open kitchen, great room, and dining room, adjacent wet bar, and sliding door to the backyard. Master suite with large bath, walk-in closet and exercise or sitting room is split from other bedrooms. 3 additional bedrooms in the main home along with private office plus bonus or game room. A separate casita off the courtyard is a relaxing retreat for guests. Large 3.5 car garage is practical with plenty of storage. Outdoors, enjoy a peaceful covered patio, refreshing pool and soothing spa, along with gas firepit--all while enjoying spectacular McDowell Mountain views and the peaceful privacy of this incredible home.

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6102 E Calle Del Sud -- Scottsdale, AZ 85251

New

$2,149,000

5 Beds

4 Baths

3,763 SqFt

Status Active

MLS # 5781929

Property Type Single Family - Detached

NOW COMPLETE! BRAND NEW CONSTRUCTION from Two Hawks Design And Development. Welcome Home to the inviting front courtyard with its brick fireplace, to the inspiring backyard view of Camelback Mountain, this is a dream of ARCADIA LIFE made real. Attention to detail and quality is evident: the timeless kitchen with a gleaming LA CORNUE range, the airy feel of 10' ceilings with an abundance of natural light, this BRAND NEW HOME is sure to captivate your imagination and will prove to be a worthy investment for years to come. Located on a quiet cut de sac, this home offers seamless indoor-outdoor living opportunities, a generous 3-car garage and sparkling pool. Close to everywhere you want to be...

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8608 E Malcomb Drive Scottsdale, AZ 85250

New

$485,000

3 Beds

2 Baths

1,823 SqFt

Status Active

MLS # 5782000

Property Type Single Family - Detached

Fantastic Location! Fully remodeled, updated and expanded! Open three bedroom floor plan, bright and clean! All new everything! Beautiful pool with all new plaster and mechanicals! Large yard with covered patio and grassy area. Laundry room and pantry off kitchen. Spacious two car garage. Great schools close to downtown and old town areas and easy 101 access. Exceptional value in a highly desirable neighborhood!

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9852 E Bahia Drive Scottsdale, AZ 85260

New

$599,000

4 Beds

2.5 Baths

3,374 SqFt

Status Active

MLS # 5782066

Property Type Single Family - Detached

Newer Construction needs a little TLC! Contemporary two-story property in North Scottsdale near the McDowell Mountains! Sitting on a premium 9,000+ square foot lot, boasting four bedrooms, two and a half bathrooms, a loft, downstairs office space and attached three car garage. Interior features include; slate floors, soaring ceilings, a fireplace, neutral paint tones, spindled staircase, and wood shutters. Large, open kitchen has been upgraded with granite slab counter-tops, stainless steel appliances and newer Maple cabinets. Exterior features include a Pebbletec pool with a boulder water feature, a built-in spa, built in BBQ, and a fireplace, all have custom stone accents. This home backs to the wash providing you with added privacy and incredible views!

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Property listings 1 - 18 of 1785

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Property Sales
May Property sales were 962, up 5.7% from 910 in May of 2017 and 10.4% higher than the 871 sales last month. May 2018 sales were at their highest level compared to May of 2017 and 2016. May YTD sales of 4,004 are running 5.9% ahead of last year’s year-to-date sales of 3,780.

Prices
The Median Sales Price in May was $456,000, up 8.2% from $421,500 in May of 2017 and up 0.8% from $452,600 last month. The Average Sales Price in May was $612,156, up 14.5% from $534,821 in May of 2017 and up 4.5% from $585,970 last month. May 2018 ASP was at the highest level compared to May of 2017 and 2016.

Inventory
The Total Inventory of Properties available for sale as of May was 2,957, up 2.1% from 2,896 last month and down 2.2% from 3,025 in May of last year. May 2018 Inventory was at its lowest level compared with May of 2017 and 2016.

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 May was 62, down 1.6% from 63 days last month and down 7.5% from 67 days in May of last year. The May 2018 DOM was at its lowest level compared with May of 2017 and 2016.

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 May 2018 Selling Price per Square Foot of $239 was up 0.9% from $237 last month and up 9.3% from 219 in May 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 May 2018 Selling Price vs Original List Price of 95.3% was up from 95.1% last month and up from 95.0% in May 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 & Karina Frederic
Coldwell Banker Residential Brokerage