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Scottsdale AZ Luxury Home Market – November 2016
- Scottsdale AZ Luxury Home Market Performance for November 2016 -With the exception of the over $3 million price point, the luxury home market in Scottdale had a very strong November.
This report takes a look at Scottsdale's luxury home sales over the past year. Since different price points behave in different ways, I segmented the information into four price bands.
The following information is compiled for each price band:
Active -  How many were for sale at the end of the month.
Pending  - How many sales were pending at the end of the month.
Sold -  How many homes sold that month.
- NOVEMBER 2016 -
Scottsdale Homes Priced Between $1,000,000 - $1,499,999- Active Scottsdale Homes on the Market: The number of homes on the market was up 2.8% to 331. This is above the 12 month average. We usually see this figure exceed the 12 month average at the beginning of the year, not at the end.
- Pending Scottsdale Home Sales: Pending sales fell slightly to 21. This is below the 12 month average, but still is a decent performance.
- Scottsdale Homes Sold:  There were 28 homes sold, which is a strong performance for this seasonally-slower time of year.
- Sales Price to Listed Price: 95.8% - On average, buyers saw a discount off of list price of 4.2%.
Scottsdale Homes ... more

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