South Scottsdale Market Reports – November 2008
Posted on December 2nd, 2008 by ScottsdaleHomes.com
Single Family Homes Sales in South Scottsdale – November, 2008
| November, 2007 | October, 2008 | November, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$415,624
|
$351,906
|
$281,081
|
-20.13%
|
-32.37%
|
| Sale Price |
$395,036
|
$327,119
|
$266,219
|
-18.62%
|
-32.61%
|
| % of Asking Price |
95.05%
|
92.96%
|
94.71%
|
1.88%
|
-0.36%
|
| Price/SqFt |
$216
|
$183
|
$157
|
-14.21%
|
-27.31%
|
| DOM* |
114
|
88
|
119
|
35.23%
|
4.39%
|
| Total Transactions |
49
|
58
|
39
|
-32.76%
|
-20.41%
|
Condos/Townhouses Sales in South Scottsdale – November, 2008
| November, 2007 | October, 2008 | November, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$367,460
|
$274,645
|
$195,956
|
-28.65%
|
-46.67%
|
| Sale Price |
$347,132
|
$251,975
|
$184,245
|
-26.88%
|
-46.92%
|
| % of Asking Price |
94.47%
|
91.75%
|
94.02%
|
2.47%
|
-0.48%
|
| Price/SqFt |
$252
|
$207
|
$157
|
-24.15%
|
-37.7%
|
| DOM* |
107
|
115
|
102
|
-11.3%
|
-4.67%
|
| Total Transactions |
58
|
28
|
24
|
-14.29%
|
-58.62%
|
Single Family Homes Sales in South Scottsdale – November, 2008
3 and 4 bedroom properties by zip code
| 85250 | Asking Price | $409,483 |
|---|---|---|
| Sale Price | $391,427 | |
| % of Asking Price | 95.59% | |
| Days on Market | 104 | |
| Total Transactions | 6 | |
| 85251 | Asking Price | $253,369 |
| Sale Price | $241,531 | |
| % of Asking Price | 95.33% | |
| Days on Market | 131 | |
| Total Transactions | 13 | |
| 85257 | Asking Price | $197,749 |
| Sale Price | $191,434 | |
| % of Asking Price | 96.81% | |
| Days on Market | 86 | |
| Total Transactions | 14 |
Comments
One Response to “South Scottsdale Market Reports – November 2008”
Pretty crazy stuff with those numbers. In my old neighborhood I watched someone throw thousands into improvements in his house. That homeowner gots to be upside down now!