Here are the figures for June 2010 for the Scottsdale AZ real estate market. This analysis looks at single-family homes for sale and home sales data in the city of Scottsdale.
June 2010 Highlights for Scottsdale AZ Homes for Sale:
- Active Scottsdale Homes for Sale: At the end of June 2010, there were 2,556 active homes for sale in Scottsdale. This number has been steadily decreasing since January of this year. The 12 month average for this figure is 2,808.
- Pending Scottsdale Home Sales: At the end of the month, pending sales had dropped off a bit to 542. This is a 13% decrease over the month of May, but is still slightly ahead of the 12 month average of 539 pending sales.
- Scottsdale Homes Sold: 449 homes sold in Scottsdale in June. This is the highest number of sales we have seen in the last 12 months. This is well ahead of the 12 month average of 371.
June was another strong month for Scottsdale real estate. Inventory was down yet again and sales were the strongest we have seen in the last year. However, the tax credit was likely fueling a number of these sales. Pending sales did see a marked decrease at the end of the month, so this will likely affect July home sales figures.
Disclaimer: Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 7/1/2010 and can change at any time. The analysis looks at single-family resale homes for sale and 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