It’s that time again…Monday Market Update is here…Today we are checking out the beautiful city of Scottsdale.
Average sales price has been increasing since June to: $782,458
Active listings are down from last month which is good for sellers (think supply and demand)
Listings under contract are also down from last month
Home sales are up from last month (more homes are selling and less homes are coming on the market)
Average days on market for a home to sell and close is 115 days and that is the same as June.
Average days on market for homes that are active and NOT under contract is 161 days. These homes are probably over priced a little.