Quick Video Update of the Scottsdale Real Estate Market-September 2019

By
Real Estate Agent with Realty ONE Group

- September 2019 Scottsdale Housing Market Video -

September 2019 - Video

Here is a one-minute video overview of the Scottsdale, Arizona real estate market for the month of September.

Scottsdale Active Listings

Scottsdale homes for Sale September 2019

The inventory of homes for sale at the end of September was actually 1,261. This is down slightly from 1,288 at the end of August and level with the same time period last year.

Median List Price for Scottsdale Homes

Scottsdale homes median list price September 2019

The median represents the exact middle value of home list prices. One-half of the homes will be priced higher and one-half will be priced lower. In September, this figure came in a little bit over $1 million. This is up over both August 2019 and September 2018.

Days on Market

Scottsdale homes Days on Market September 2019

The DOM or Days on Market is a measure to see the pace of how quickly or slowly homes are selling in a market.  If the number is low, it indicates a "hotter" market and if the number is high, the market is moving more slowly. In Scottsdale in September, the DOM was 81. This is a significant decrease from the same time last year, which means homes are selling faster.

Median Sales Price for Scottsdale Homes

Scottsdale homes median sale price September 2019

We saw the median list price before and now we will examine the median sale price in September. The median sale price was $584,000. This comes in slightly higher than September 2018's $580,000, but is slightly behind August 2019's median sales price of $585,000.

Number of Homes Sold

Now we will take a look at home sales on a year-over-year basis as well as a month-over-month basis. Scottsadale home sales September 2019

Sales were up 26% between September 2018 and September 2019. This is significant as this time of year tends to be a seasonally slow period.

Scottsdale homes sold September 2019

Sales did fall between August and September though.

We hope that you found this video and commentary helpful as you gather more information to make smart informed real estate decisions.

For more Scottsdale real estate information or if you have any questions about the local area, feel free to contact Joyce at (480) 209-7843 or Joyce@LiveBetterinScottsdale.com.

Click to watch other videos on our Live Better in Scottsdale YouTube Channel.

Interested in other stats for our market? Visit our Real Estate Market Update page.  

 

Originally posted on Live Better in Scottsdale

Disclaimer: Data deemed to be accurate, but is not guaranteed.

Posted by

 

==============================================
Joyce Tawes is an Associate Broker with Realty ONE Group in Scottsdale, AZ. For more information on Scottsdale real estate and the surrounding areas, as well as the Flagstaff golf communities, please visit
www.ScottsdaleAgent.net.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Arizona Maricopa County Scottsdale
Groups:
Posts to Localism
Moving to Arizona
Tags:
scottsdale market update
scottsdale housing market
scottsdale home sales video
scottsdale home sales 2019
scottsdale housing stats september 2019
scottsdale real estate september 2019
september 2019 scottsdale market update

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,762,590
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thank you for the market update - have a great weekend and go sell some houses

Oct 24, 2019 07:29 PM #1
Rainer
536,961
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Oct 24, 2019 09:21 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
113,564

Joyce Tawes

ABR, CRS, CLHMS, CNE
Have a Question?
*
*
*
*
Spam prevention

Additional Information