See photos and updates from listings directly in your feed
Share your favorite listings with friends and family
Save your search and get new listings directly in your mailbox before everybody else
The month of April saw demand outpacing supply, shifting focus away from interest rates as the main driver of the market. The balance between supply and demand has shifted in favor of sellers since mid-November, indicating the market correction that caused a major slow down in the fourth quarter of 2022. With all this said, average sales prices are on the rise, and buyers are negotiating 4 to 5% off the listing prices. – Grant Van Dyke
Scottsdale
Average Sales Price: April 2023 > $1,399,123 vs March 2023 > $1,346,170 = 4% increase
Average Days On Market: April 2023 > 75 vs March 2023 > 79 = 5% decrease
Average Sale Price Per Square Foot: April 2023 > $446 vs March 2023 > $435 = 3% increase
Sale to List Price Ratio: April 2023 > 95.89% vs March 2023 > 95.91% = 0%
Number of Sold Listings: April 2023 > 317 vs March 2023 > 425 = 25% decrease
Months Supply of Inventory: April 2023 > 5.09 vs March 2023 > 4.03 = 26% increase
Mortgage Rate: April 2023 > 6.48% vs March 2023 > 6.48% = 0%
Top 10 Sales
$8,572,520 11290 E Whistling Wind Way
$7,950,000 10114 E Hualapai Dr
$6,800,000 10032 E Reflecting Mountain Way
$6,000,000 26281 N 119th Street
$5,800,000 24162 N 90th Way
$5,575,000 10016 E Relic Rock Rd #17
$5,500,000 9290 E Thompson Peak Pkwy #453
$4,900,000 22092 N 89th Street
$4,650,000 22150 N 90th Street
$4,300,000 36322 N 100th Way
