North Scottsdale Real Estate Market Update - Monday April 4, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

April 04, 2016 11:06 AM

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

	Active listings increased to 2,752 homes.
	Average sale price per square foot increased to $225.38/SqFt.
	Average sale price as % of list price increased to 95.71%.
	Average sale price decreased to $709,361.
	Highest priced home sold in past 6 months was for $7,500,000.
	Number of homes sold in past 6 months increased to 1,687.

	Active listings increased 10.57%.
	Months supply increased 12.81%.
	Average sale price per square foot decreased 2.55%.
	Average sale price as % of list price decreased 0.24%.
	Average sale price increased 3.28%.
	Median sale price increased 18.46%.
	Market distress index increased 0.91%.