A quick look at today’s real estate market in Scottsdale. Supply has dropped 30% over the past 2 years. Demand has increased steadily over the past 3 years. Price per square foot is now running about the same as in 2003, just as the market started its run-up. The supply of homes is at pre-boom [...]
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Scottsdale
If you’d asked me in February what I thought of the Scottsdale condo market, I would have told you it was dead, and that the lack of FHA financing was really hurting sales. It’s totally amazing how quickly times have changed. Condos are selling like crazy. Inventory is dropping, and list prices are definitely creeping [...]
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 [...]
Here’s a quick way to get updated info on Scottsdale home prices. You can click on the pins to get the median listing prices for all areas of Scottsdale, and if you want more info, you can sign up to have a report emailed to you ever couple of weeks. Regardless of the date that [...]
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 [...]
Just got this notice from the City of Scottsdale: Residents invited to learn about foreclosure prevention Take Charge America is hosting a free foreclosure prevention workshop from 8 a.m. to noon Saturday, May 14, at Mountain View Community Center, 8625 E. Mountain View Road. Homeowners struggling to pay their bills and facing foreclosure are encouraged [...]
