Home prices are up once more! The median home price in Scottsdale Arizona has increased from $375,000 to $395,000 since July 2013. This is up 5.3% since July of 2013 and a whopping 27.6% since last year at this time. New listings are up from July with 848 listings as opposed to 775 from the previous month. New contracts and closed sales are also down 6.9% and 19.9% respectively. The summer months tend to slow down, but we are still seeing great recovery progress from 2012. We anticipate a wonderful fall with all of the great activity we’ve seen this year so far.
Considering a purchasing or selling a property in Scottsdale? Take advantage of the great market conditions and get your home listed for sale before the snow birds and students return in the fall.
We hope that you enjoy reading and analyzing the Scottsdale Luxury Home Report and should you have any questions or comments, please feel free to Contact Joe Szabo at 480.688.2020 or email him directly at Joe@ScottsdaleRealEstateTeam.com. You can also visit https://www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results.