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South Scottsdale Real Estate Markets Statistics: Week Ending 9/18/17

By
Real Estate Agent with Success Real Estate Group/Apartment Source
Week Ending 9/18/17      
  85257 85251 85250
Median List Price $355,000 $500,000 $473,000
Price/Foot (Active) $209.00 $272.00 $238.00
Average Days on Market 69 113 82
% of Properties with Price Decrease 54% 46% 48%
% Relisted 6% 2% 2%
% Price Increase (Flip) 6% 2% 8%
Median House Size 1,688 2,136 2,134
Median Lot Size <4,500 8,000-10,000 8,000-10,000
Medium Bedrooms 3 4 3
Medium Bathrooms 2 2 2
Market Action Index** 45.1 36.5 46.1
       
       
** NOTE: The Market Action Index measures the current rate of sale versus the amount of inventory. An Index above 30 implies a Seller's Market and below favors Buyers.