The number of active listings (housing inventory) continues to drop significantly in Scottsdale. On April 27, 2011, the number of active listings in Scottsdale was 2,623 and thirty days later, the number had dropped to 2,409. This equates to a reduction on 8.7% in that time period. Taking a longer term look, Scottsdale inventory for [...]
May 2011
Check out this increasingly positive new for the Scottsdale real estate market. In searching through the Cromford Report for Scottsdale, I discovered something fairly remarkable. As you can see in the chart above, the percentage of distressed sale listed is almost identical to those sold. And these distressed sales make up only 25% of the [...]
Another bright spot on the horizon. Improvement in Scottsdale home prices. I haven’t seen one of these appreciation gauges in the green zone for a very long time, maybe years! As of May 12th, 2001: The average price per square foot for homes sold in April 2001 was $181. Averaging over the past year, the [...]
I’ve just added a new home search tool on AtHomeinScottsdale.com. You’ll be able to search for new homes and specs (where the builder picks designs the house, and has the home built or almost completed) for Scottsdale, Phoenix, and all the surrounding cities. Currently there are over 100 properties listing for Scottsdale. Not many, but [...]
photo credit: kevygee I’ve been inundated with new business in the past couple of weeks, which I always appreciate. And finally, some of the stats are starting to validate what many Realtors have been talking about for the past couple of months. Buyers are shopping, and they are buying. I’m working with all types of [...]
