Scottsdale Market Stats – Condos

Following are the current statistics for condos in Scottsdale, Arizona.  The information has been compiled by Altos Research from sources that track currently active home listings in our area.

Median List Price – Condos

Median List Price (by price range) – Condos

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 Days on Market – Single Condos

Median Days on Market (by Price Range) – Condos

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.

New Listings – Listings Sold

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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