– December 2016 Scottsdale Homes for Sale and Home Sales –
December can be a slow month on the sales side of things, but we actually saw a decent month for Scottsdale home sales.
SCOTTSDALE HOME SALES ACTIVITY – DECEMBER 2016
The graph below shows the past year of real estate activity in Scottsdale.
– Single-family homes for sale are depicted in red.*
– Pending home sales are depicted in green.*
– Home Sales are depicted in purple.
DECEMBER 2016 RESULTS
- Scottsdale Homes for Sale: As we see every year, inventory dropped at the end of December as many home listings expire on December 31st. We ended the month with a 5% drop in homes on the market.
- Pending Homes Sales in Scottsdale: Pending home sales were low, at 224, but again this is something we see annually as people tend to take a break in house hunting over the holidays.
- Scottsdale Home Sales: Sales had a nice month. There were 397 sales, which was up 7% over November.
This next information looks at two other components of the Scottsdale real estate market.
On the top is a comparison of how homes on the market, pending sales and sales did with respect to the previous month. For example, pending sales were down 10.4% between the end of November and the end of December.
On the bottom, we are looking at sales prices. This measurement called ‘sales price to list price’ compares the selling prices of homes to the prices they had been on the market for. In December, homes sold for 97.1% of list price. And if you look at it from the buyers’ perspective, buyers saw an average of 2.9% off of list price.
Search Scottsdale AZ Homes for Sale
Here is a sampling of some of the homes on the market, or click the link above to see all of the homes for sale.
*Figures for active homes for sale and pending sales are based on the numbers at the end of the month.
Disclaimer: Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 1/1/2017 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. Information deemed reliable, but not guaranteed. There may be new home inventory in these figures if the developer is using the MLS to market its homes. This post represents the opinion of the author. No warranties express or implied.
Copyright © 2017 Heather Tawes Nelson | Joyce Tawes
