Can you believe it is November already? The holidays are quickly approaching and it looks like the real estate market is getting in the spirit! Let’s take a look at how the Scottsdale real estate market faired in October. New listings are up from September with a total of 1,138 new listings vs. 867 in September. This is a whopping 31.3% jump in new listings! New contracts and closed sales are also up by 7.2% and 0.2%, respectively. This is great news for the coming months as the greater number of new contracts should lead to a greater number of closed sales. The median sale price has also seen an increase from $347,500 in September to $390,000 in October. 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 [email protected]. You can also visit https://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.