– October 2010 Scottsdale Home Sales –
Here are the numbers for October 2010 home sales in Scottsdale AZ. This monthly analysis takes a look at single-family homes on the market in Scottsdale, pending home sales and actual home sales. The data looks back over the last 12 months to give you a better idea of how the market is performing.
October 2010 Highlights for Scottsdale AZ Homes for Sale:
- Active Scottsdale Homes for Sale: The number of homes on the market dipped slightly in October down to 2,718. This is just below the 12 month average of 2,751.
- Pending Homes Sales in Scottsdale: Pending sales increased 7.6% over September to 482. While this is an improvement, this is still trailing behind the 12 month average of 520.
- Scottsdale Homes Sold: Sales were up 12.9% over September, which is encouraging. Sales had dropped into the 200’s in September which is the second lowest they have been in a year. The sales figure of 324 for October is still behind the 12 month average of 361.
October 2010 was a slightly better month for Scottsdale AZ home sales. We saw a slight decrease in inventory and both pending and actual home sales were up, which is a positive sign. Ideally, the higher pending sales will propel home sales in November.
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Disclaimer: Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 11/1/2010 and can change at any time. The analysis looks at single-family resale homes for sale and home sales in Scottsdale AZ over the last 12 months. There may be new home inventory in these figures if the developer is using the MLS to market its homes.
Copyright © 2010 Heather Tawes Nelson
