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Welcome to the beautiful Silverleaf Homes of Scottsdale, AZ 85255. Silverleaf is an exclusive subdivision inside the DC Ranch Neighborhood. Your Search Results will appear below showing the “Newest Listings” first.
The Median Sales Price in August was $4,675,000, up 103.5% from $2,296,813 in August of 2019 and up 56.1% from $2,995,000 last month. The average sales price in August was $5,062,250, up 116.4% from $2,339,688 in August of 2019 and up 46.9% from $3,445,434 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018. (more Market Report below photos)
We can currently see (57) homes available in Silverleaf today.
Silverleaf Homes ~ Newest Listings
Silverleaf Homes ~ Monthly Market Report
August property sales were 4, down from 6 in August of 2019 and 33.3% higher than the 3 sales last month. August 2020 sales were at a mid level compared to August of 2019 and 2018. August YTD sales of 31 are running -3.1% behind last year’s year-to-date sales of 32.
The total inventory of properties available for sale as of August was 43, up 4.9% from 41 last month and equal to 43 in August of last year. August 2020 Inventory was at the lowest level compared to August of 2019 and 2018.
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 308, up from 99 days last month and down from 371 days in August of last year. The August 2020 DOM was at a mid range compared with August of 2019 and 2018.
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 2020 selling price per square foot of $698 was up 31.2% from $532 last month and up 48.2% from $471 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 2020 selling price vs list price of 92.3% was up from 88.6% last month and up from 87.1% 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 find us at Paradise Valley Homes 🙂