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
Scottsdale, AZ saw active inventory decline in August making it the sixth straight month. Accepted offers increased but the number of properties sold and the average sold price decreased.
Scottsdale: 4,651 Active Inventory
| August 2009 |
August 2008 |
July 2009 |
|
| Ave. Sold $ |
$429,000 |
$529,000 |
$435,000 |
| Ave. List $ |
$594,000 |
$746,000 |
$541,000 |
| New Listings |
949 |
1,034 |
1,005 |
| Active Inventory |
4,651 |
5,795 |
4,728 |
| Sold Listings |
425 |
372 |
570 |
| Accepted Offers |
478 |
328 |
471 |
| Days on Market |
111 |
106 |
106 |
| Months Supply of Inventory |
10.9 |
15.6 |
8.3 |
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
U.S. News & World Report recently released a list of the top cities to grow up in and my hometown showed up at #8! That’s right, Cedar Rapids, Iowa is considered one of the best places to enjoy a happy childhood based on safe neighborhoods, schools and fun activities. Having being happily born and raised in Cedar Rapids, I can completely agree with the top ten ranking.
Here is the complete top ten:
Source: U.S. News & World Report (08/19/2009)
__________________________________________________________________________________________________________________________
Andy Zeal is a Realtor© at Coldwell Banker Residential Brokerage in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For more information about buying or selling property call 480-540-2291 or visit www.AndyZeal.com
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