Fall is here and the weather is finally cooling down! Our winter residents are returning to the Valley and we will soon see the influx of welcome visitors and buyers. Let’s take a look at how the real estate market fared in September 2016. New listings are up 21.5% from August with a total of 999 new listings vs. 822 in August. New contracts are down by 4.8% and closed sales are down by 11.1%. The median sale price has gone up from $389,000 in August to $394,000 in September. Keeping up with the current market is always important especially when you’re looking to buy and sell a home. It will be interesting to see where Scottsdale’s market ends up once the election is over. During these up and down activity months it is more important than ever to consult a real estate professional that knows the Scottsdale market.
If you’re considering purchasing or selling a property in Scottsdale give the The Szabo Group a Call – The 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.
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