Estancia 85262 Real Estate Market Update - Monday March 20, 2017

By Julie Pelle

Real Estate Agent with Launch Real Estate

March 20, 2017 02:33 PM

Real Estate Market Update for the Estancia luxury home community in North Scottsdale, Arizona 85262.

	Active listings decreased to 34 homes.
	Average sale price per square foot remained at $464.50/SqFt.
	Average sale price as % of list price remained at 93.55%.
	Average sale price remained at $2,546,667.
	Highest priced home sold in past 6 months was for $4,000,000.
	Number of homes sold in past 6 months remained at 6.

	Active listings decreased 3.08%.
	Months supply decreased 26.72%.
	Average sale price per square foot increased 5.36%.
	Average sale price as % of list price decreased 0.33%.
	Average sale price increased 0.85%.
	Median sale price decreased 27.44%.
	Market distress index increased 266.67%.