Scottsdale Arizona Homes
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Welcome to Scottsdale Arizona Homes where we hope you enjoy your time here. Your Search Results will appear below showing the “Newest Listings” first. We also provide Live Video Previews for your favorite Arizona Home! 🙂
Our Median Sales Price in August was $850,000, up 26.9% from $670,000 in August of 2020 and up 1.8% from $835,000 last month. The average sales price in August was $1,119,021, up 24.1% from $901,882 in August of 2020 and down -0.2% from $1,121,642 last month. August 2021 ASP was at highest level compared to August of 2020 and 2019. (more monthly market report below photos)
We can currently see (548) Single Family Homes available today in Scottsdale.
Scottsdale Arizona Homes ~ Newest Listings
Scottsdale Arizona Homes ~ Monthly Market Report
(for Scottsdale) Our August property sales were 491, down from 562 in August of 2020 and -9.1% lower than the 540 sales last month. August 2021 sales were at a mid level compared to August of 2020 and 2019. August YTD sales of 4,793 are running 27.9% ahead of last year’s year-to-date sales of 3,747.
(for Scottsdale) The total inventory of properties available for sale as of August was 849, up 14.0% from 745 last month and down -23.7% from 1,112 in August of last year. August 2021 Inventory was at the lowest level compared to August of 2020 and 2019.
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 23, up from 22 days last month and down from 66 days in August of last year. The August 2021 DOM was at its lowest level compared with August of 2020 and 2019.
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 2021 selling price per square foot of $375 was up 0.8% from $372 last month and up 28.4% from $292 in August of last year.
Selling Price (vs) Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their 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 2021 selling price vs list price of 99.1% was down from 99.8% last month and up from 96.3% in August of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 ~ We are located next to Paradise Valley (See Map Here) ~ You can also see us at Arizona Luxury Homes 🙂