Scottsdale Real Estate Statistics – Single Family Homes
Following are the current real estate statistics for single family homes in Scottsdale, Arizona. The information has been compiled by Alto Research from sources that track currently active home listings in our area.
Median List Price – Single Family Homes
Median List Price (by price range) – Single Family Homes
The statistics for the properties in this following report are divided as follows:
- First Median Range: Most expensive 25% of properties
- Second: Next 25%
- Third: Next 25%
- Fourth: Least expensive 25% of properties
Median List Price per Square Foot for Single Family Homes
Scottsdale
Median List Price per Square Foot (by price range)
Single Family Homes
Median Days on Market – Single Family Homes
Median Days on Market (by Price Range) – Single Family Homes
The statistics for the properties in the report defined again as the first range include the most expensive 25% of properties, and the fourth range are 25% least expensive, with the remainder in between.
Inventory
Market Action Index
Market Index a rollup of the key statistics that answers the question – “How’s the market?” It’s a function of Median Price, Inventory, Days-on-market, % homes relisted at higher/lower price, and $ amount of relisting.
A market index of 30 and above signifies a seller’s market. Below 30 is a buyer’s market.
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Great Stats Dru.
The visuals really give the numbers a greater understanding.
Irene
Irene, I agree that seeing the numbers in graph format, especially over time, helps!
Hi Dru~ love your use of the Altos Research data. I am in the process of building my first blog to complement my web site and am leaning towards the inclusion of this type of data. I’ve chatted w/ @housechick and @gingerw about their use and just wanted to get another agents opinion as to wether or not their readers view it as valuable content. Has it helped attract new clients? thoughts on Altos support? Any other thoughts you;d like to share? Thansk in advance, tony – aka @TonyLazz. peace
Hi Dru,
As a buyer, I have been studying the market and have to say that your blog is very informative. I have the feeling that a plot of the median price per square foot (by quartile) would also be very helpful. What do you think? Would you be able to add that plot to your list?
Thanks!
Gus
Hi Gus, I think you are right. I’ll look into it later this week! I’ll post a comment here again when it’s ready for you. Thanks for the suggestion.
Gus,
I just finished the updates for median price / sf for condos. Hope to get the single family homes updated in the next day or so.
Thanks for the idea. $/sf is one the metrics I always track on, but didn’t notice I’d skipped it.
OK – Single family hafe been updated, too. I’ll be posting on some interesting aspects of the market soon. Tomorrow, I hope! Thanks for the suggestion, Gus.