North Scottsdale Real Estate Market Update - Monday September 7, 2015

By Julie Pelle

Real Estate Agent with Launch Real Estate

September 07, 2015 08:36 AM

North Scottsdale Real Estate Market Update: Zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266

	Active listings increased to 1,812 homes.
	Average sale price per square foot increased to $220.63/SqFt.
	Average sale price as % of list price remained at 95.53%.
	Average sale price increased to $701,092.
	Highest priced home sold in past 6 months was for $7,200,000.
	Number of homes sold in past 6 months increased to 2,224.

	Active listings decreased 2.02%.
	Months supply decreased 21.99%.
	Average sale price per square foot increased 5.08%.
	Average sale price as % of list price decreased 0.30%.
	Average sale price increased 9.05%.
	Median sale price remained even.
	Market distress index decreased 24.62%.