Real Estate Market Update | Scottsdale | August 2020 vs July 2020

Scottsdale

Average Sales Price: July 2020 – $899,514 vs, August 2020 – $922,451 = 3% increase

Average Days On Market: July 2020 – 85 vs August 2020 – 87 = 2% increase

Average Sale Price Per Square Foot: July 2020 – $288.01 vs August 2020 – $292.58 = 2% increase

Sale to List Price Ratio: July 2020 – 96.67% vs August 2020 – 96.87% = 0% No Change

Number of Sold Listings: July 2020 – 579 vs August 2020 – 531 = 8% decrease

Months Supply of Inventory: July 2020 – 2.99 vs August 2020 – 3.16 = 6% increase

Mortgage Rate: July 2020 – 3.30% vs August 2020 – 3.14% = 5% decrease

Top 10 Sales
$8,250,000 11004 E Feathersong Ln, Scottsdale
$6,050,000 11173 E Feathersong Ln, #1704, Scottsdale
$5,700,000 6505 E Exeter Blvd, Scottsdale
$5,025,000 9847 E Chiricahua Pass, Scottsdale
$3,950,000 10247 E Running Dear Trl, Scottsdale
$3,835,000 6116 E Exeter Blvd, Scottsdale
$3,715,000 42088 N 108th PL, Scottsdale
$3,500,000 27971 N 91st St, Scottsdale
$3,350,000 10641 E Blue Sky Dr, Scottsdale
$3,300,000 18951 N Silverleaf Dr, Scottsdale

GrantVanDyke #VanDykeRealtyGroup #ScottsdaleRealEstate

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