By Joe Szabo, Scottsdale Real Estate Team / Az Luxury Homes
Winter is here and the holidays are upon us! Let’s take a look at how the real estate market faired in November 2016. New listings are up 4.2% from October with a total of 68 new listings vs. 71 in October. New contracts were up by 14.7% and closed sales are down by 26.3 % from October. The median sale went down from $1,215,000 in October to $1,000,000 in November. During these up and down activity months it is more important than ever to consult a real estate professional that knows the Paradise Valley market.