Here are January 2011’s Scottsdale AZ Home Sales results. This report looks at month over month single-family home sales performance in Scottsdale and covers the last 12 months. You can also see the month-over-month changes for each of these data points and the sales price to list price comparison.
January 2011 Highlights for Scottsdale AZ Homes for Sale:
- Active Scottsdale Homes for Sale: The number of homes on the market was up very slightly over December to 2591. This is 100 homes below the 12 month average of 2,691.
- Pending Homes Sales in Scottsdale: Pending home sales picked up in January to 485. However, this is still behind the 12 month average of 520 pending sales.
- Scottsdale Homes Sold: Sales were down over December, where we saw a strong finish to the year. January had 324 home sales, which is what we were seeing last Fall. The 12 month average for monthly home sales is 368.
- Sales Price to List Price: This came in at 92.6%, which means the average discount off of asking price in January was about 7%. This number tends to hover in the low 90%’s.
January 2011 Scottsdale home sales were slow, but this was to be expected as we see this kind of slowdown in activity on a yearly basis. Pending sales saw a nice increase which should be a good sign for February sales numbers. It is also encouraging to not see a jump in inventory as we move into the new year.
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Disclaimer: Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 2/1/2011 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 © 2011 Heather Tawes Nelson
