Desert Mountain Homes

Desert Mountain Real Estate in Scottsdale

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Homes For Sale

Market Trends

Scottsdale Market Trends

Median Home Sale Price


 

Maricopa County Market Trends

Maricopa County - Key Metrics
This 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 16.0 percent from last year, and the average sales price is up 20.9 percent.

For more information on current market trends in Phoenix and Scottsdale contact Carmen Brodeur at Carmen@TopScottsdaleHomes.com, or check out recent articles below.


 

Existing Home Sales in 2020 Hit Highest Point Since 2006, But Listings are at a Record Low

By Diana Olick, CNBC, January 22, 2021

Pandemic-driven demand sent total 2020 home sales to the highest level since 2006.

Still, even the most avid buyers are bumping up against barriers in today’s housing market. Record low supply and record high prices are limiting the exceptionally high demand.

Read more


 

Mortgage Delinquencies Rise Nationwide, But Not in Phoenix

By Angela Gonzales, Phoenix Business Journal, January 13, 2021

While mortgage delinquencies continue to rise nationwide, the rate is falling in metro Phoenix.

Borrowers continue to move through the delinquency funnel, with October 2020’s serious delinquency rate reaching over three times that of October 2019 nationwide, according to CoreLogic Inc.’s latest Loan Performance Insights report.

Read more


 

How the Rollout of COVID-19 Vaccines Could Help – and Hurt – the U.S. Housing Market

By Clare Trapasso, Realtor.com, January 11, 2021

The coronavirus pandemic and the ensuing financial crisis have caused immeasurable hardship and pain across the U.S. Paradoxically enough, the crisis has also served as a turbocharged shot to the housing market. Feverish buyers rushed into the market just as COVID-19-shy sellers pulled their homes off—forcing buyers into bidding wars and pushing prices up to new heights. Recession be damned.

Read more


 

Valley Housing Prices Broke Records in 2020, Poised for More

By Paul Maryniak, Progress Executive Editor, January 10, 2021

The Phoenix Metro housing market broke a load of records in 2020, according to a web service that closely watches home sales in Pinal and Maricopa County.

The Valley market broke records for highest listing success rate, highest average price for monthly and annual sales and highest square foot price for listings as well as monthly and annual sales – among others – according to the Cromford Report. 

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.

Meet Carmen

Carmen Brodeur Scottsdale RealtorVoted in the Top 3 Realtors in Arizona every year 2015-2020, by Ranking Arizona Magazine. 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.

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Your Scottsdale Real Estate Connection

Whether you are buying or selling, we are committed to providing you with exceptional service. Put our experience to work for you. Contact Carmen Brodeur today at Carmen@TopScottsdaleHomes.com

Our Office

We are conveniently located in North Scottsdale close to Loop 101.

Trillium Properties, LLC
9825 E Bell Road, Suite 120
Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
 
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