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Scottsdale, AZ Real Estate Market Report - September

Scottsdale, AZ saw active inventory increase in September along with new listings. The average price of sold listings went down but the number that sold went up from the month before.

Scottsdale: 4,712 Active Inventory


September 2009
September 2008
August 2009
Ave. Sold $
$406,000
$532,000
$408,000
Ave. List $
$615,000
$798,000
$589,000
New Listings
1,095
1,155
1,031
Active Inventory
4,712
5,764
4,649
Sold Listings
539
329
485
Accepted Offers
495
308
555
Days on Market
91
99
106
Months Supply of Inventory
8.7
17.5
9.6




Maricopa County Statistics:

Active Inventory: 30,870 (+166 from August)

Ave. Price of Active Listings: $386,296 (+$142,296 from August)
Ave. Price of Sold Properties: $181,552 (+$4,552 from August)




Based on information from Arizona MLS. Information deemed reliable but not guaranteed

_________________________________________________________________________________________________________________________
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

Posted Thursday Oct 08