North Scottsdale Real Estate Market Update - Monday October 24, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

October 24, 2016 07:20 AM

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

	Active listings increased to 2,196 homes.
	Average sale price per square foot decreased to $222.81/SqFt.
	Average sale price as % of list price increased to 95.82%.
	Average sale price increased to $699,194.
	Highest priced home sold in past 6 months was for $11,110,000.
	Number of homes sold in past 6 months increased to 2,147.

	Active listings increased 9.42%.
	Months supply decreased 1.72%.
	Average sale price per square foot increased 7.96%.
	Average sale price as % of list price increased 0.10%.
	Average sale price increased 7.71%.
	Median sale price increased 6.78%.
	Market distress index decreased 7.36%.