Scottsdale Real Estate Market Is Hot
So many know that the real estate market is hot right now in many parts of the country. In Arizona, things are moving fast. Buyers who are putting offers in on properties are finding themselves competing with sometimes 10+ other offers.
Listing Your Home In Scottsdale
Scottsdale is no different. Homes in Scottsdale that hit the market are being sold faster and for more money. Typically, the "Listing Success Rate" in Scottsdale is at or around 70-75%. That means that 70-75% of the listings that hit the market in Scottsdale typically sell. What about the other ones? Well maybe they weren't priced right or the Seller had a change of heart.
Right now though, homes in Scottsdale are selling at a much higher rate. We are seeing the listing success rate in Scottsdale top at over 80%! For the past 30 days or so, it has been hovering at right around 82%. Crazy times call for some crazy numbers.