McDowell Mtn Ranch 85255 Real Estate Market Update-Monday June 27,2022

By Julie Pelle

Real Estate Agent with Compass

June 27, 2022 04:45 PM

Real Estate Market Update for the McDowell Mountain Ranch luxury home community in North Scottsdale, Arizona 85255

	Active listings remained at 25 homes.
	Average sale price per square foot increased to $469.76/SqFt.
	Average sale price as % of list price increased to 103.98%.
	Average sale price increased to $1,270,072.
	Highest priced home sold in past 6 months was for $4,135,000.
	Number of homes sold in past 6 months decreased to 91.

	Active listings decreased 7.37%.
	Months supply decreased 40.00%.
	Average sale price per square foot increased 19.26%.
	Average sale price as % of list price increased 1.07%.
	Average sale price increased 21.70%.
	Median sale price increased 30.00%.
	Monthly sales volume decreased 5.47%.