Scottsdale, AZ
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

185

SINGLE FAMILY HOMES

Condos

49

CONDOS

Townhouses

65

TOWNHOUSES

MEANWHILE...

273

HOMES LISTED

= 10 homes
6
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$610k
$20k
$490k$558k$626kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
23Homes
1-3
MONTHS
150Homes
OVER
3 MONTHS
134Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

78
DAYS
8%
71788693100NovOctSepAugJulJun

And finally...What's the hottest street in

Scottsdale

e happy valley rd

For November 2016, Scottsdale, AZ has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Scottsdale, AZ was 2,677 and 307 homes were sold.