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.
December Property sales were 565, down 14.7% from 662 in December of 2017 and 4.1% lower than the 589 sales last month. December 2018 sales were at their lowest level compared to December of 2017 and 2016. December YTD sales of 8,621 are running 0.8% ahead of last year's year-to-date sales of 8,551.
The Median Sales Price in December was $482,000, up 9.5% from $440,000 in December of 2017 and up 2.6% from $470,000 last month. The Average Sales Price in December was $582,904, up 4.5% from $557,611 in December of 2017 and up 0.5% from $580,042 last month. December 2018 ASP was at the highest level compared to December of 2017 and 2016.
The Total Inventory of Properties available for sale as of December was 2,655, up 0.8% from 2,634 last month and down 2.2% from 2,714 in December of last year. December 2018 Inventory was at its lowest level compared with December of 2017 and 2016.
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 December was 62, down 3.1% from 64 days last month and up 1.6% from 61 days in December of last year. The December 2018 DOM was at a mid level compared with December 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 December 2018 Selling Price per Square Foot of $242 was up 1.6% from $238 last month and up 5.3% from 230 in December 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 December 2018 Selling Price vs Original List Price of 94.8% was down from 95.0% last month and down from 95.2% in December 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.