Paradise Valley, AZ saw a slight rise in number of sold listings in October, compared to September, but because of an increase in new listings the inventory also rose.
Paradise Valley: 516 Active Inventory
| October 2009 |
October 2008 |
September 2009 |
|
| Ave. Sold $ |
$1,250,000 |
$2,182,000 |
$1,508,000 |
| Ave. List $ |
$2,708,000 |
$2,523,000 |
$1,991,000 |
| New Listings |
81 |
69 |
65 |
| Active Inventory |
516 |
554 |
506 |
| Sold Listings |
27 |
12 |
27 |
| Accepted Offers |
17 |
9 |
30 |
| Days on Market |
189 |
123 |
187 |
| Months Supply of Inventory |
19.1 |
45.4 |
18.7 |
Maricopa County Statistics:
Active Inventory: 32,533 (+1,663 from September)
Ave. Price of Active Listings: $378,296 (-$8,113 from September)
Ave. Price of Sold Properties: $177,474 (-$4,078 from September)
Based on information from Arizona MLS. Information deemed reliable but not guaranteed
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Andy Zeal is a Realtor® at Coldwell Banker Residential Brokerage in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For specific neighborhood statistics call 480-540-2291 or visit www.AndyZeal.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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