Real Estate Market Update | Scottsdale | Q1 2021 vs. Q1 2020

Real Estate Market Update | Scottsdale | Q1 2021 vs. Q1 2020

Scottsdale

Average Sales Price: Q1 2020 – $895504 vs Q1 2021 – $1163199 = 30% increase

Average Days On Market: Q1 2020 – 87 vs Q1 2021 – 63 = 28% decrease

Average Sale Price Per Square Foot: Q1 2020 – $279.84 vs Q1 2021 – $337.85 = 21% increase

Sale to List Price Ratio: Q1 2020 – 96.86% vs Q1 2021 – 97.87% = 1% increase

Number of Sold Listings: Q1 2020 – 1264 vs Q1 2021 – 1697 = 34% increase

Months Supply of Inventory: Q1 2020 – 2.51 vs Q1 2021 – 1.5 = 40% decrease

Mortgage Rate: Q1 2020 – 3.75% vs Q1 2021 – 3.33% = 11% decrease

Top 10 Sales

  • $21,000,000 21053 N 110th Way, Scottsdale
  • $15,500,000 20724 N 112th St, Scottsdale
  • $9,500,000 9300 E Grapevine Pass Rd, Scottsdale
  • $9,500,000 10340 E Mountain Spring Rd, Scottsdale
  • $9,250,000 10947 E Wingspan Way, Scottsdale
  • $7,995,000 10870 E Canyon Cross Way, Scottsdale
  • $7,700,000 9401 E AW Tillinghast Rd, Scottsdale
  • $7,500,000 10244 E Hualapai Dr, Scottsdale
  • $7,025,000 27523 N 103rd St, Scottsdale
  • $6,400,000 9921 E Honey Mesquite Dr, Scottsdale

#GrantVanDyke​ #VanDykeRealtyGroup​ #ScottsdaleRealEstate

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