Scottsdale Real Estate Market Hits Contracts Low

A dip in the number of pending transactions in the Scottsdale market over the last 30 days resulted in the lowest amount since January. While 331 homes went under contract, there were 493 completed sales. In comparison, Phoenix had 1,441 contracts executed in the same time frame, the most of all nearby cities. Potential buyers should note that prices are coming down in Scottsdale, and for this period the median sales price slid from $400,000 to $399,000.

These listings in Scottsdale recently reduced their price, so be sure to check them out for a potentially great deal:

$6.5M   $8M   $2.5M  

Get started right now by checking out Scottsdale homes for sale or reviewing Scottsdale real estate trends.

Demographic facts for Scottsdale:

  • The population has increased 2.4% over the past 10 years.
  • This area has a safety rating of 85. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 27 minutes.

Data reported through 10/12/2016

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