We were hoping for more housing inventory in Scottsdale and the Phoenix metro area and now we've got it! Let's get into my Scottsdale market report for May 2022. At the end of last month, there were less than 800 active listings in Scottsdale--today that number sits at 1022 with another 116 "coming soon" listings. Inventory across the valley has increased 25% or more in the past 45 …
Scottsdale Luxury Market Update | April 2022
Luxury home sale activity is strong. Let's dive into my Scottsdale luxury market update for April 2022. Luxe inventory has risen sharply from last month and as of April 30, 2022, there are 409 luxury properties available for sale. The average dollars per square foot list price is $686 and the active listings have been on market an average of 65 days. The active listings range in price from $1M …
Continue Reading about Scottsdale Luxury Market Update | April 2022
Scottsdale Market Update | December 2021
Scottsdale real estate, like the rest of the Phoenix Metro area, has been on absolute fire over the past sixty days. Let's get into to my Scottsdale market update for December 2021. First things first--let's look at the inventory numbers. Back in October we reported that there were 362 luxury properties for sale--compare that to 275 today--this represents a 24% decrease in luxury inventory. …
Continue Reading about Scottsdale Market Update | December 2021
Scottsdale Luxury Market Update | Oct 2021
Luxury real estate sales across Maricopa County have been going strong. Let's dive into my Scottsdale luxury market update for October 2021. As of October 31, there are 362 actively listed luxury properties in Scottsdale with an average days on market of 102. There are 334 pending sales and 28 "coming soon" properties. In the past 30 days there have been 167 sales that were on market an …
Continue Reading about Scottsdale Luxury Market Update | Oct 2021
Scottsdale Real Estate Update | Sept 2021
Just like the rest of Maricopa County, the Scottsdale real estate frenzy is easing up. Let's jump into my Scottsdale real estate update for September 2021. First, sales are still going strong. There are fewer people willing to pay over the asking price, though this is still happening with exceptional homes. My appraiser said that over the past two months, he is no longer seeing any contracts …
Continue Reading about Scottsdale Real Estate Update | Sept 2021
Scottsdale Real Estate Update | August 2021
It's been a busy few months for the Scottsdale market. Let's jump into our Scottsdale real estate update for August 2021. There are 428 active listings priced under $1M and 638 that are under contract. Since July 1, there have been 900 closed sales under $1M with an an average dollars per square foot obtained at sale of $332. The average days on market for recent sales was 31--slightly …
Continue Reading about Scottsdale Real Estate Update | August 2021
