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South Scottsdale Homes: How is the Market?

By
Real Estate Agent with Success Real Estate Group/Apartment Source

Week Ending 1/30/17      
  85257 85251 85250
Median List Price $349,000 $449,000 $460,000
Price/Foot (Active) $2.10 $2.48 $2.39
Average Days on Market 70 87 110
% of Properties with Price Decrease 49% 43% 33%
% Relisted 8% 5% 0%
% Price Increase (Flip) 6% 6% 3%
Median House Size 1,684 1,936 2,120
Median Lot Size 6,500-8,000 8,000-10,000 6,500-8,000
Medium Bedrooms 3.0 3.0 3.0
Medium Bathrooms 2.0 2.0 2.0
Market Action Index** 39.6 33.0 31.6
       
** NOTE: The Market Action Index measures the current rate of sale versus the amount of inventory. An Index above 30 implies a Seller's Market and below favors Buyers.