This chart pretty much says it all. As prices have decreased over the summer, single family homes homes have sold or been taken off the market. Condo prices have been falling steadily over the past year, and inventory (number of homes available for sale) started tapering off this past spring.
Posts tagged as:
prices
Home prices in Scottsdale vary widely, and follow a pattern of more affordable in the south, to more expensive in the northern most communities. For home buyers moving to the area, it’s eye opening to see just how many different price ranges of homes there are in a town that seems to be known for [...]
Jay Butler at Arizona Stat University published his updated real estate report, covering the Phoenix metropolitan area, yesterday. Greater Phoenix resale numbers up for April, median prices down But, the bottom line for Scottsdale is that the number of homes sold and median sales price is down. Per the report: The Scottsdale resale home market declined from [...]
The median list price for re-sale residential homes in Scottsdale has been rising steadily since last fall. However in most Scottsdale zip codes, the prices increases are seen in the upper 25% of the price range. In the following charts, the first group is defined as lowest 25% priced homes and increase up to the fourth quadrant which [...]
Hot off the press from the W. P Carey School of Business at ASU – Change in Trajectory for Declining Phoenix Real Estate Prices? Scottsdale / Paradise Valley was the only area to show stability: in December this region reported a slight drop in home prices of 3 percent, but in January home sales were back [...]
