North Scottsdale Real Estate Market Update - Monday April 25, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

April 25, 2016 09:54 AM

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

	Active listings decreased to 2,710 homes.
	Average sale price per square foot increased to $228.59/SqFt.
	Average sale price as % of list price increased to 95.76%.
	Average sale price increased to $717,561.
	Highest priced home sold in past 6 months was for $7,500,000.
	Number of homes sold in past 6 months increased to 1,750.

	Active listings increased 13.79%.
	Months supply increased 6.11%.
	Average sale price per square foot increased 2.80%.
	Average sale price as % of list price increased 0.31%.
	Average sale price increased 4.91%.
	Median sale price increased 5.88%.
	Market distress index increased 10.27%.