North Scottsdale Real Estate Market Update - Monday February 23, 2015

By Julie Pelle

Real Estate Agent with Launch Real Estate

February 23, 2015 05:36 AM

North Scottsdale Real Estate Market Update: Zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266

	Active listings increased to 2,395 homes.
	Average sale price per square foot increased to $218.01/SqFt.
	Average sale price as % of list price remained at 95.35%.
	Average sale price increased to $702,099.
	Highest priced home sold in past 6 months was for $9,750,000.
	Number of homes sold in past 6 months increased to 1,586.

	Active listings increased 4.96%.
	Months supply decreased 12.08%.
	Average sale price per square foot decreased 5.88%.
	Average sale price as % of list price decreased 0.48%.
	Average sale price decreased 2.93%.
	Median sale price decreased 9.58%.
	Market distress index decreased 23.11%.