Desert Highlands 85255 Real Estate Market Update - Monday Jan 1, 2018

Real Estate Agent with Launch Real Estate

January 01, 2018 02:27 PM

Real Estate Market Update for the Desert Highlands luxury home community in North Scottsdale, Arizona 85255.

	Active listings decreased to 42 homes.
	Average sale price per square foot remained at $289.59/SqFt.
	Average sale price as % of list price remained at 93.45%.
	Average sale price remained at $1,458,706.
	Highest priced home sold in past 6 months was for $4,600,000.
	Number of homes sold in past 6 months remained at 16.

	Active listings decreased 4.78%.
	Months supply decreased 12.50%.
	Average sale price per square foot increased 6.09%.
	Average sale price as % of list price decreased 1.86%.
	Average sale price increased 31.34%.
	Median sale price increased 21.69%.
	Market distress index increased 38.71%.