Let's dive right in to my Scottsdale 1st quarter market update for 2020. First the good news. There is still real estate activity despite COVID-19. We'll get into the numbers in just a minute. The bad news is that the number of COVID-19 cases reported in Arizona is likely a gross undercount and as new numbers come in, things are bound to get much worse around the state. I am not a doom …
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January is nearly behind us so it's time for my Scottsdale market update for January 2020. Let's jump in. As of January 31, 2020, there are 1792 active listings in Scottsdale--compare this to last months' number of 1852. In general, there is low inventory in Scottsdale--this matches what's going on in the greater Phoenix metro area. The active listings have been on market an average of …
November proved to be a pretty good month in terms of Scottsdale real estate activity. Let's see what's happened in the past 30 days and where we're at currently. Here's my Scottsdale market update for December 2019. The big news is still low inventory at most price points. As of December 16, there are 1851 properties actively listed. The average days on market for the active listings is …
September was brisk in terms of real estate sales. Let's take a look at recent stats for the Scottsdale real estate market. As of October 30, 2019 there are 1946 actively listed properties. There are 910 pending sales and over the past 30 days there have been 704 sales. Last month there were 591 closings--sales have increased by 16%! The graph below shows trends up to the end of …
Continue Reading about Scottsdale Market Update | October 2019
As of August 28, 2019, there are 1752 actively listed properties in Scottsdale--this includes single family homes, condo's, town homes and patio homes. Check out our August 2019 Scottsdale real estate snapshot to learn more. Like the rest of the Phoenix metro area, Scottsdale suffers from low inventory--at least in the sub $500K price ranges--case in point, in all of Scottsdale there are just …
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Okay, so predictions don't always come true, but I am going to go out on a limb here. Check out my predictive report--2019 Scottsdale real estate market--hot or not? For frame of reference, you may wish to read my 2018 Scottsdale real estate wrap-up before continuing. First an important disclaimer: information contained in this article is not meant to be acted upon--nor does it constitute …
Continue Reading about 2019 Scottsdale Real Estate Market | Hot or Not?
