South Scottsdale Homes: Market Statistics Ending 4/17/17

Real Estate Agent with Success Real Estate Group/Apartment Source

April 19, 2017 07:50 AM

Week Ending 4/17/17
	85257	85251	85250
Median List Price	$338,750	$522,475	$475,000
Price/Foot (Active)	$203.00	$270.00	$238.00
Average Days on Market	66	84	112
% of Properties with Price Decrease	57%	44%	46%
% Relisted	7%	6%	3%
% Price Increase (Flip)	2%	9%	3%
Median House Size	1,696	1,926	2,134
Median Lot Size	6500-8000	8,000-10,000	8,000-10,000
Medium Bedrooms	3.0	3.0	3.0
Medium Bathrooms	2.0	2.5	2.0
Market Action Index**	38.7	36.5	33.5

** 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.

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Jeremy K. Frost

Keller Williams Realty - Dripping Springs, TX

Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us all posted and up to date. Best of luck!

Apr 19, 2017 07:51 AM

Will Hamm

Hamm Homes - Aurora, CO

"Where There's a Will, There's a Way!"

Good Morning Alyssa and Thank You for this fine report. Bet your buyers and sellers love it also. Make it a great day!