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Desert Highlands 85255 Real Estate Market Update - Monday Aug 8, 2016

By
Real Estate Agent with Launch Real Estate
Desert Highlands Real Estate Market Update: Zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266


 
 

Desert Highlands in North Scottsdale, Arizona
August 8, 2016 Weekly Update

Active listings decreased to 36 homes.
Average sale price per square foot increased to $316.25/SqFt.
Average sale price as % of list price increased to 93.71%.
Average sale price increased to $1,471,000.
Highest priced home sold in past 6 months was for $2,500,000.
Number of homes sold in past 6 months decreased to 14.

Average Sales Price
July 2012 - Present by Week
Desert Highlands Average Sales Price by Week Chart

Average Sales Price/SqFt
July 2012 - Present by Week
Desert Highlands Average Sales Price per Square Foot by Week

85255 July 2016 vs July 2015 Monthly Update

Active listings increased 6.16%.
Months supply increased 70.83%.
Average sale price per square foot increased 3.88%.
Average sale price as % of list price increased 0.11%.
Average sale price decreased 3.56%.
Median sale price decreased 8.20%.
Market distress index decreased 10.34%.

Median Sales Price
2009 - Present by Month
85255 Median Sales Price 2009-2013 Monthly Chart

Average Sales Price / Square Foot
2009 - Present by Month
85255 Average Sales Price per Square Foot 2009-2013 Chart

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Comments(1)

Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Hi Julie Pelle!

Thanks for a great series of posts featuring exceptionally well presented market reports!

We like your writing style!

We wish you great success with your blog posts and networking with other members of Active Rain!

We clicked the “Follow” button on your profile so that we will be alerted to your future blog posts and can read and comment on them, and we invite you to "follow us" - should you be interested. There is no requirement or obligation for you to do so, but we would be honored if you choose to do so!

Aug 15, 2016 11:05 PM