Tuesday, May 1, 2012

Scottsdale Homes Report- March, 2012


Scottsdale Residential Report- data for month of March.


Homes priced from $400,000 to $1 million.

This price point is a very active market presently. Homes that are in the under $500,000 segment in particular are seeing strong buyer nterest. The top echelon of homes in this price point is not staying on the market for long periods. Sales were up almost 50% from the prior month.

This price point is seeing some appreciation. If sales continue like this it will be a sellers market – hard to believe!

Homes priced from $1 million to $2 million.

March had strong sales in this price range as well, roughly a 50% increase from the prior month.

Homes priced over $2 million

This segment saw a dramatic increase in sales of almost 300%  over the prior month.