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South Scottsdale Real Estate Markets Statistics: Week Ending 10/9/17

By
Real Estate Agent with Success Real Estate Group/Apartment Source
Week Ending 10/9/17      
  85257 85251 85250
Median List Price $376,250 $524,990 $492,400
Price/Foot (Active) $212.00 $272.00 $237.00
Average Days on Market 65 104 73
% of Properties with Price Decrease 50% 43% 50%
% Relisted 5% 6% 0%
% Price Increase (Flip) 9% 4% 5%
Median House Size 1,761 2,204 2,153
Median Lot Size <4,500 8,000-10,000 6,500-8,000
Medium Bedrooms 3 4 3
Medium Bathrooms 2 2 2
Market Action Index** 43.5 33.9 44.1
       
       
** 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.
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Thanks so much for the update of your market report.  Always love to see what is happening. 

Oct 10, 2017 04:48 PM