Desert Highlands 85255 Real Estate Market Update - Monday May 29, 2017

By Julie Pelle

Real Estate Agent with Launch Real Estate

May 29, 2017 03:09 PM

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

	Active listings remained at 50 homes.
	Average sale price per square foot increased to $303.59/SqFt.
	Average sale price as % of list price increased to 93.82%.
	Average sale price decreased to $1,244,500.
	Highest priced home sold in past 6 months was for $2,250,000.
	Number of homes sold in past 6 months increased to 12.

	Active listings increased 4.67%.
	Months supply increased 4.11%.
	Average sale price per square foot decreased 1.85%.
	Average sale price as % of list price decreased 1.37%.
	Average sale price decreased 1.32%.
	Median sale price decreased 7.58%.
	Market distress index increased 35.48%.