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.
We can currently see (1958) homes available today in Scottsdale, Arizona.
February Property sales were 614, down 7.1% from 661 in February of 2018 and 24.0% higher than the 495 sales last month. February 2019 sales were at their lowest level compared to February of 2018 and 2017. February YTD sales of 1,109 are running 14.4% behind last year's year-to-date sales of 1,295.
The Median Sales Price in February was $447,500, up 3.1% from $434,000 in February of 2018 and down 6.8% from $479,900 last month. The Average Sales Price in February was $602,526, up 7.0% from $563,354 in February of 2018 and up 0.4% from $600,397 last month. February 2019 ASP was at the highest level compared to February of 2018 and 2017.
The Total Inventory of Properties available for sale as of February was 3,206, up 12.6% from 2,847 last month and up 9.3% from 2,933 in February of last year. February 2019 Inventory was at a mid level compared with February of 2018 and 2017.
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 February was 68, up 4.6% from 65 days last month and up 1.5% from 67 days in February of last year. The February 2019 DOM was at a mid level compared with February of 2018 and 2017.
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 February 2019 Selling Price per Square Foot of $245 was down 0.1% from $246 last month and up 5.9% from 232 in February 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 February 2019 Selling Price vs Original List Price of 94.9% was up from 94.5% last month and down from 95.4% in February 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
Corey Frederic -
Coldwell Banker Residential Brokerage
Our Team is working hard with one mission: helping our clients to reach their need.
Either you are a seller or a buyer, we promise to bring you the best deal.