Over the past year, the number of homes for sale in Scottsdale has continued to drop, from 1800 at the first of the year to just under 1600 currently. Looking at the chart below, you can see that normal homes (i.e. homes are not short sales or foreclosures) dominate the Scottsdale real estate market.
What is more apparent when you look at the types of homes for sale is that the number of normal homes has remained more constant this year. Starting and ending this year at just over 1400 homes.
And when you look at the number of short sales on the market, you see that they have dropped significantly over the past year, from 180 listed a year ago, to just over 60 now.
And the situation with foreclosures is the same. Approximate 100 lender-owned homes were listed a year ago, and now there are about 40.
It’s a great way to end the year, knowing that the Scottsdale real estate market continues to improve.
If you are interested seeing some of the homes in Scottsdale that are currently on the market, here are some easy searches for all Scottsdale zip codes.
Homes for Sale in Scottsdale