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

By Julie Pelle

Real Estate Agent with Launch Real Estate

July 25, 2016 12:46 PM

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

	Active listings decreased to 2,082 homes.
	Average sale price per square foot decreased to $226.43/SqFt.
	Average sale price as % of list price decreased to 95.78%.
	Average sale price decreased to $710,247.
	Highest priced home sold in past 6 months was for $6,995,000.
	Number of homes sold in past 6 months increased to 2,148.

	Active listings increased 8.66%.
	Months supply remained even.
	Average sale price per square foot decreased 1.13%.
	Average sale price as % of list price increased 0.12%.
	Average sale price decreased 3.43%.
	Median sale price decreased 9.82%.
	Market distress index decreased 39.13%.