Paradise Valley, AZ saw a slight rise in number of sold listings in October, compared to September, but because of an increase in new listings the inventory also rose.
Paradise Valley: 516 Active Inventory
| October 2009 |
October 2008 |
September 2009 |
|
| Ave. Sold $ |
$1,250,000 |
$2,182,000 |
$1,508,000 |
| Ave. List $ |
$2,708,000 |
$2,523,000 |
$1,991,000 |
| New Listings |
81 |
69 |
65 |
| Active Inventory |
516 |
554 |
506 |
| Sold Listings |
27 |
12 |
27 |
| Accepted Offers |
17 |
9 |
30 |
| Days on Market |
189 |
123 |
187 |
| Months Supply of Inventory |
19.1 |
45.4 |
18.7 |
Maricopa County Statistics:
Active Inventory: 32,533 (+1,663 from September)
Ave. Price of Active Listings: $378,296 (-$8,113 from September)
Ave. Price of Sold Properties: $177,474 (-$4,078 from September)
Based on information from Arizona MLS. Information deemed reliable but not guaranteed
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Andy Zeal is a Realtor® at Coldwell Banker Residential Brokerage in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For specific neighborhood statistics call 480-540-2291 or visit www.AndyZeal.com
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