Scottsdale Market Trends
Wondering what the market is like in the Scottsdale metro area? Below is the current data for home prices, inventory and market activity for the greater Phoenix area, including Scottsdale. The Scottsdale real estate market has been on an upturn since the end of 2011, when home prices were astonishingly low. The median sales price for homes in Maricopa County is up 6.8 percent from last year, and the average sales price is up 6.7 percent.
For more information on the current market trends in Phoenix and Scottsdale check out recent articles at the bottom of this page, or contact Carmen Brodeur at (602) 791-0536 or email Carmen@TopScottsdaleHomes.com.
Scottsdale Median Sales Price
The median sales price for homes in Scottsdale hit bottom at the end of 2010. Scottsdale home prices have increased significantly since then.
Maricopa County Market Activity
The Phoenix and Scottsdale housing market has improved significantly in the past year. We have seen an increase of 6.8% in the median sales price within the last year. Homes are selling for 98.0% of list price on average due to the high competition between buyers.
|
|
|
The median sales price for homes in Scottsdale hit bottom at the end of 2010. Scottsdale home prices have increased significantly since then. |
|
|
|
|
The Phoenix and Scottsdale housing market has improved significantly in the past year. We have seen an increase of 6.8% in the median sales price within the last year. Homes are selling for 98.0% of list price on average due to the high competition between buyers. |
Phoenix tops US in population growth (more than LA, NYC) and why that’s good for the economy, business
Mike Sunnucks, Phoenix Business Journal, May 25, 2017
Phoenix is tops in the U.S. for population growth, according to new data from the U.S. Census Bureau.
Phoenix added 32,113 persons to its population between July 2015 and July 2016. That’s more than any other city in the U.S.
Read more
Existing home sales highest since 2006; up 18% over year ago
Mike Sunnucks, Phoenix Business Journal, May 11, 2017
Sales volume for existing homes in the Valley is at its highest level since 2006 — before the last crash and recession — and is up 18 percent versus last year.
That is according to Phoenix regional housing data crunched by real estate expert Fletcher Wilcox.
Read more
Metro Phoenix new-home prices ready to rise in 2017
Catherine Reagor , The Republic | azcentral.com January 6, 2017
New-home shoppers will likely see higher prices in metro Phoenix this year. Don’t expect a big jump, but home builders are poised to start raising prices to offset their rising costs.
Shoppers for newly built homes will likely see higher prices in metro Phoenix this year.
Read more
This Valley city is the best place to find a new job
Tim Gallen, PHOENIX BUSINESS JOURNAL AFTERNOON EDITION January 4, 2017
If you’re looking to find a new job, Scottsdale is the best place in the country, according to a new ranking from WalletHub.
The personal finance website that publishes any number of rankings throughout the year is out with a list of the best and worst cities for jobs in 2017.
Read more
Stay informed on the latest Scottsdale AZ real estate market trends by bookmarking this page. The real estate trends in Phoenix and Scottsdale are completely different than the national trends. This page is updated frequently to keep you informed on the changes in the market. Research the latest Scottsdale real estate market trends and housing statistics right here. We want all of our clients to have access to the most current Scottsdale real estate stats and trends.
Please call Carmen Brodeur at (602) 791-0536 with any questions.
Voted Best Realtor in the Valley by the readers of Arizona Foothills Magazine in 2016. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
