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Scottsdale AZ Real Estate Housing Market Report - June 2023

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Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Scottsdale AZ Real Estate Housing Market Report for June 2023:
 
After decreasing in March, the average sales price of Scottsdale homes has increased for the 3rd month in a row, going from $1,346,089 in March, to $1,497,530 in June. This is the first time this year that the average sales price of Scottsdale homes has increased 3 straight months and is now just a few thousand dollars from the all-time high of $1,499,763 it reached in June of 2022.
 
Click on the image below to read the full article and see what is going on in the Scottsdale Arizona real estate market.
 
 
The average price of Scottsdale homes per square foot has also increased for the 3rd straight month, going from $436/sf in March to $457/sf in June. The average sold price per square foot in Scottsdale has increased in 4 out of the last 5 months.
 
After decreasing two months in a row, Scottsdale days on market has increased this month, going from 66 DOM in May to 69 DOM this month. Inventory remains low, reducing the number of homes sold.
 
Click on the image below to see all Scottsdale, AZ homes for sale.
 

Feel free to reach out to me if you have any questions about buying a home, selling your home, or investing in the Scottsdale, AZ or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.

"Real Estate is not just a job for me,
it's about making a difference in the lives of others."
       
Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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         Contact Troy Erickson, Realtor®, Good Company Real Estate

Licensed Residential Realtor® in Arizona at 602-295-6807

 

Reach out to me for all your Phoenix, Chandler, Ahwatukee, Tempe, Gilbert, and Scottsdale, Arizona Real Estate needs.

 

Check out our website for all Arizona Real Estate and Homes For Sale in subdivisions like Sun Lakes, Ocotillo, Lakewood, Mountain Park Ranch, Pepperwood, Circle G Ranches, and many others throughout the East Valley.

 

"Real Estate is more than just about a job for me. It is about making a difference in the lives of others. I help people just like you Buy, Sell, and Invest in East Valley Arizona Real Estate!"

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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Comments(5)

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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Troy and thank you for sharing your market report with us here in the Rain.  Make it a great Thursday!

 

Jul 27, 2023 09:51 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thank you Will Hamm, for stopping by and commenting.

Jul 27, 2023 10:20 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

So true Endre Barath, Jr. The lack of inventory is still driving the housing market.

Jul 28, 2023 09:48 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Scottsdale home buyers and sellers are sure to value your real estate market report, Troy.

Jul 28, 2023 05:03 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thank you for supporting my housing report posts Myrl Jeffcoat.

Aug 03, 2023 11:36 AM