July 2014 Scottsdale Arizona real estate market update

Can you believe it is already August?  Back to school and monsoon season are in full effect!  Let’s take a glance at how the Scottsdale real estate market faired in July.  New listings are down from June with a total of 687 new listings vs. 777 in June.  New contracts and closed sales are also down, as expected, based on the previous month’s activity.  New contracts are down 10.8% while closed sales are down 14.3%.  The median sale price also took a slight dive and rests at $360,000 for the month of July.  During these up and down activity months it is more important than ever to consult a real estate professional that knows the Scottsdale market.

 

Considering a purchasing or selling a property in Scottsdale?  Call Joe and Linda Szabo – The Scottsdale Real Estate Experts!

 

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.