For the month of September, in Carefree/Cave Creek, AZ the number of sold listings decreased from the month before, but the average sold price increased.
Carefree/Cave Creek: 567 Active Inventory
| September 2009 |
September 2008 |
August 2009 |
|
| Ave. Sold $ |
$402,000 |
$433,000 |
$366,000 |
| Ave. List $ |
$599,000 |
$798,000 |
$506,000 |
| New Listings |
121 |
137 |
122 |
| Active Inventory |
567 |
728 |
572 |
| Sold Listings |
63 |
48 |
73 |
| Accepted Offers |
48 |
32 |
65 |
| Days on Market |
72 |
103 |
75 |
| Months Supply of Inventory |
9.0 |
15.2 |
7.8 |
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
Paradise Valley, AZ had a slight increase in the month of September in average sales price. The number of new listings as well as average list priced declined, which is a variance to most surrounding cities.
Paradise Valley: 510 Active Inventory
| September 2009 |
September 2008 |
August 2009 |
|
| Ave. Sold $ |
$1,458,000 |
$1,446,000 |
$1,453,000 |
| Ave. List $ |
$1,9991,000 |
$2,414,000 |
$2,048,000 |
| New Listings |
65 |
81 |
91 |
| Active Inventory |
510 |
528 |
518 |
| Sold Listings |
26 |
11 |
27 |
| Accepted Offers |
25 |
15 |
26 |
| Days on Market |
187 |
141 |
138 |
| Months Supply of Inventory |
19.6 |
48.0 |
19.2 |
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
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
For the month of August, in Carefree/Cave Creek, AZ the number of sold listings and the average sales prices decreased but this comes after a significant increase in both of these areas the month before.
Carefree/Cave Creek: 584 Active Inventory
| August 2009 |
August 2008 |
July 2009 |
|
| Ave. Sold $ |
$380,000 |
$488,000 |
$436,000 |
| Ave. List $ |
$492,000 |
$801,000 |
$520,000 |
| New Listings |
107 |
133 |
149 |
| Active Inventory |
566 |
707 |
581 |
| Sold Listings |
63 |
40 |
77 |
| Accepted Offers |
61 |
47 |
63 |
| Days on Market |
70 |
96 |
124 |
| Months Supply of Inventory |
9.0 |
17.7 |
7.5 |
Maricopa County Statistics: 30,712 Active Inventory
Ave. Price of Active Listings: $244,000 (-$1,000 from July)
Ave. Price of Sold Properties: $177,000 (-$5,000 from June)
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
Paradise Valley, AZ had a significant decrease in the average sales price in the month of July along with a drop in overall number of sales. The months supply of inventory is up to 26.6 but the average days on market has decreased.
Paradise Valley: 531 Active Inventory
| August 2009 |
August 2008 |
July 2009 |
|
| Ave. Sold $ |
$963,000 |
$1,689,000 |
$2,304,000 |
| Ave. List $ |
$1,965,000 |
$3,001,000 |
$2,388,000 |
| New Listings |
87 |
82 |
68 |
| Active Inventory |
531 |
498 |
529 |
| Sold Listings |
20 |
18 |
27 |
| Accepted Offers |
17 |
15 |
21 |
| Days on Market |
145 |
131 |
197 |
| Months Supply of Inventory |
26.6 |
27.7 |
19.6 |
Maricopa County Statistics: 30,712 Active Inventory
Ave. Price of Active Listings: $244,000 (-$1,000 from July)
Ave. Price of Sold Properties: $177,000 (-$5,000 from June)
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
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