North Scottsdale Market Reports – April 2009
Posted on May 5th, 2009 by ScottsdaleHomes.com
Single Family Homes Sales Trends in North Scottsdale, April 2009
| April 2008 | March 2009 | April 2009 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$970,559
|
$726,069
|
$677,256
|
-6.72%
|
-30.22%
|
| Sale Price |
$834,225
|
$646,727
|
$623,402
|
-3.61%
|
-25.27%
|
| % of Asking Price |
85.95%
|
89.07%
|
92.05%
|
3.35%
|
7.1%
|
| Price/SqFt |
$283
|
$214
|
$209
|
-2.34%
|
-26.15%
|
| DOM* |
157
|
178
|
192
|
7.87%
|
22.29%
|
| Total Transactions |
234
|
208
|
276
|
32.69%
|
17.95%
|
Condos/Townhouses Sales Trends in North Scottsdale, April 2009
| April 2008 | March 2009 | April 2009 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$377,334
|
$225,616
|
$237,728
|
5.37%
|
-37%
|
| Sale Price |
$330,125
|
$209,838
|
$216,406
|
3.13%
|
-34.45%
|
| % of Asking Price |
87.49%
|
93.01%
|
91.03%
|
-2.13%
|
4.05%
|
| Price/SqFt |
$226
|
$163
|
$162
|
-0.61%
|
-28.32%
|
| DOM* |
157
|
137
|
145
|
5.84%
|
-7.64%
|
| Total Transactions |
66
|
51
|
80
|
56.86%
|
21.21%
|
Single Family Homes Sales in North Scottsdale – April 2009
3 and 4 bedroom properties by zip code
| 85254 | Asking Price | $330,194 |
|---|---|---|
| Sale Price | $314,240 | |
| % of Asking Price | 95.17% | |
| Days on Market | 135 | |
| Total Transactions | 35 | |
| 85255 | Asking Price | $778,480 |
| Sale Price | $724,500 | |
| % of Asking Price | 93.07% | |
| Days on Market | 177 | |
| Total Transactions | 46 | |
| 85258 | Asking Price | $532,421 |
| Sale Price | $484,666 | |
| % of Asking Price | 91.03% | |
| Days on Market | 125 | |
| Total Transactions | 19 | |
| 85259 | Asking Price | $442,259 |
| Sale Price | $422,155 | |
| % of Asking Price | 95.45% | |
| Days on Market | 194 | |
| Total Transactions | 22 | |
| 85260 | Asking Price | $406,845 |
| Sale Price | $383,812 | |
| % of Asking Price | 94.34% | |
| Days on Market | 153 | |
| Total Transactions | 33 | |
| 85262 | Asking Price | $843,850 |
| Sale Price | $743,543 | |
| % of Asking Price | 88.11% | |
| Days on Market | 267 | |
| Total Transactions | 35 | |
| 85266 | Asking Price | $716,325 |
| Sale Price | $679,325 | |
| % of Asking Price | 94.83% | |
| Days on Market | 200 | |
| Total Transactions | 24 |
Comments
One Response to “North Scottsdale Market Reports – April 2009”
If you take a close look at this graph, it shows the same thing happening in North Scottsdale that is happening all across The Valley Of The Sun right now… home sales are on the rise.
Before anyone notices, Scottsdale will be out of this extreme buyer’s market and into a much more balanced market overall.
Contact our team today if you would like to get in before the market fully turns around!