Monday, January 9, 2012

Scottsdale November Market Report

Scottsdale Residential Report- data for month of November.


Homes priced from $400,000 to $999,999  

246 homes added to the market in November increased inventory by appx 6.5% over the prior month. Not unusual as many homes that were taken off the market for the summer months are now being re-listed. Sales were down from prior month by 13%.

Homes priced from $1 million to $2 million saw inventory rise 6% however sales were almost the same as prior month (24 homes sold versus 26 prior month).

Homes priced over $2 million.
This category saw a slight 3 % increase in inventory from the prior month however new homes added to the market decreased from 44 homes prior month to 34 this month. Sales were up from 4 homes the prior month to 6 homes this month.