According to Flex-MLS, the Marketplace for Scottsdale Residential Properties, in Quarter 4, 2022 versus Quarter 4, 2021: The Number of SOLD listings decreased by 32% to 4,417 units, with a top sale of $28,100,000 at 21264 N 113th Place, Scottsdale. The Average Sales Price increased by 17% to $1,393,700, moving the Average Price Per Sq Foot […]
According to Flex-MLS, the Marketplace for MetroPhoenix Residential Properties, in Quarter 4, 2022 versus Quarter 4, 2021: The Number of SOLD listings decreased by 28% to 6,545 units, with a top sale of $21,000,000 at 6015 E Cameldale Way, in Paradise Valley. The Average Sales Price increased by 14% to $939,524, moving the Average Price […]
If you’re thinking about buying or selling residential real estate it’s important to understand the current market trends. According to Flex-MLS, the Marketplace for Scottsdale Residential Properties, in November 2022 versus October 2022: The Number of SOLD listings decreased by 11% to 248 units with a top sale of $11,200,000 at 9820 E Thompson Peak Parkway […]
If you’re thinking about Buying or Selling residential real estate, it’s important to understand the current market trends. According to Flex-MLS, the Marketplace for MetroPhoenix Residential Properties, in November 2022 versus October 2022: The Number of SOLD listings decreased by 20% to 333 units with a top sale of $13,500,000 at 6453 E Luke Avenue, […]
Metro Phoenix | October 2022 vs October 2021 Average Sales Price: September 2022 > $867,615 vs October 2022 > $825,130 = 5% decrease Average Days On Market: September 2022 > 52 vs October 2022 > 59 = 13% increase Average Sale Price Per Sq Foot: September 2022 > $342.85 vs October 2022 > $337.73 = 1% […]
Scottsdale | October 2022 vs October 2021 Average Sales Price: September 2022 > $1,200,011 vs October 2022 > $1,318,068 = 10% increase Average Days On Market: September 2022 > 51 vs October 2022 > 60 = 18% increase Average Sale Price Per Square Foot: September 2022 > $435.24 vs October 2022 > $440.04 = 1% increase […]
Scottsdale Average Sales Price: Q3 2021 > $1,127,455 vs Q3 2022 > $1,336,834 = 19% increase Average Days On Market: Q3 2021 > 37 vs Q3 2022 > 47 = 27% increase Average Sale Price Per Square Foot: Q3 2021 > $378.24 vs Q3 2022 > $447.98 = 18% increase Sale to List Price Ratio: […]
Metro Phoenix Average Sales Price: Q3 2021 > $756,951 vs Q3 2022 > $857,765 = 13% increase Average Days On Market: Q3 2021 > 32 vs Q3 2022 > 43 = 34% increase Average Sale Price Per Square Foot: Q3 2021 > $304.51 vs Q3 2022 > $349.96 = 15% increase Sale to List Price […]
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the […]
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following: Housing Demand – Growth in online search activity Home […]