Friday, May 13, 2011

Scottsdale Residential Report - May

Scottsdale Residential Report- data for month of April



Homes priced from $400,000 to $999,999 saw inventory decrease with a slight increase in sales of homes. We are now in the slower months of the season with many of the snow birds gone and all activity should slow down.


Homes priced from $1 million to $1.75 million saw inventory increase slightly from prior month and home sales were relatively the same as prior month.

Homes priced over $1.75 million saw new listings down while inventory and homes sales were almost identical to the prior month.

Buyers are buying homes that are priced to market and that are the best in their communities/price points.