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In June 2023, the housing market in Scottsdale had a solid performance, benefiting home sellers. Overall, these statistics reflect a resilient housing market in Scottsdale during June 2023. The lower number of sold listings, adjusted average sales price, increased inventory, and slightly higher mortgage rates are all indicative of a favorable environment for home sellers. – Grant Van Dyke
Scottsdale
Average Sales Price: Q2 2022 > $1,475,422 vs Q2 2023 > $1,451,429 = 2% decrease
Average Days On Market: Q2 2022 > 32 vs Q2 2023 > 73 = 128% increase
Average Sale Price Per Square Foot: Q2 2022 > $479 vs Q2 2023 > $454 = 5% decrease
Sale to List Price Ratio: Q2 2022 > 101.09% vs Q2 2023 > 96.26% = 5% decrease
Number of Sold Listing: Q2 2022 > 1403 vs Q2 2023 > 1223 = 13% decrease
Months Supply of Inventory: Q2 2022 > 1.9 vs Q2 2023 > 2.04 = 8% increase
Mortgage Rate: Q2 2022 > 5.85% vs Q2 2023 > 6.84% = 17% increase
Top 10 Sales
$11,825,000 10947 E Wingspan Way
$11,500,000 20197 N 103rd Way
$10,500,000 11021 E Whistling Wind Way #1801
$8,572,520 11290 E Whistling Wind Way
$8,270,000 10315 E Calle de las Brisas
$7,950,000 10114 E Hualapai Drive
$7,895,000 9290 E Thompson Peak Pkwy #495
$7,500,000 9873 E Honey Mesquite Dr
$7,500,000 11268 E Moonlight Cyn
$7,200,000 6235 E Montecito Ave
