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Halloween Events in Scottsdale for 2022

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– 2022 Halloween Events In and Around Scottsdale –

Although it does not feel like it outside, Fall and Halloween are almost here!

Every Fall, Scottsdale and Greater Phoenix have tons of Fall Festivals, pumpkin patches, haunted houses and more to explore. Below is a collection of upcoming events going on around the Valley to celebrate this time of year.

Scottsdale Halloween 2022

 Halloween and Fall Festivals in Scottsdale and Greater Phoenix

  • Mother Nature’s Farm – September 24th – October 31st – Gilbert’s own Mother Nature’s Farm has a ton of great offerings this year. Take a hayride, pick your pumpkin, get your face painted, run through a maze and more. There are concessions offered (cash only), but you are encouraged to bring your own picnic and make a day of it.
  • Vertuccio Farms’ “Cooler Days in the Corn Maze” Festival – September 30th – October 30th – Mesa’s Vertuccio Farms puts on a wonderful Fall Festival every year. Some of the things you can try are corn mazes, a new “Mega Slide,” mini-golf, a jump pad, a barrel train, a hay climb, a petting zoo and so much more.
  • MacDonald’s Ranch Annual Pumpkin Festival – October 1st – 30th – As I say every year, this is one of my all-time favorite local events. North Scottsdale’s MacDonald’s Ranch throws a Halloween and pumpkin patch event where you can pick out your pumpkin, take a pedal car for a ride, pan for gold,  visit the petting zoo, navigate the hay bale maze and more. There will be food for purchase, a marketplace and so much more. (Closed Tuesdays. Some activities, like hayrides and pony rides have an additional cost. Please see the website for pricing.)
  • Pumpkin and Chili Party at Schnepf Farms – October 1st – 30th – Thursdays through Sundays -Head down to Queen Creek for a day filled with fun activities. Experience hay rides, a roller coaster, cute animals, mini-golf, bonfires, ziplines, lawn games, a tractor clime, the Stuntmaster’s Dog Show and way too many other activities to list. There will be a large selection of food for purchase as well. (Some activities have an additional fee.)
  • Tolmachoff Farms’ Pumpkin Days – October 1st – 31st – Open on Wednesdays through Sundays in October, this popular farm is offering a jam-packed selection of things to do and experience. There are multiple mazes, (including a six-acre maze!), train rides, a hay pyramid, a pedal cart track, a petting zoo and more.  (Note: Some activities like the train ride and tomato cannon have an additional cost.) And if you dare, the farm transforms in the evening into the AZ  Field of Screams with a Haunted Corn Maze. (Tickets are sold separately for this.)
  • Strange Encounters – October 17th -November 8th – Get ready for some awesome pumpkin art! World-famous Ray Villafane and his team are decorating downtown Mesa with their pumpkin masterpieces. Search out and locate all fifteen installations via a scavenger hunt.
  • Strange Garden at the Desert Botanical Garden – October 21st – 22nd – Mysterious and glowing creatures will take over the Desert Botanical Garden. There will be live performances and creepy crawlies as well. And, at the end of the evening, you get to pick a pumpkin for yourself!
  • Spooktacular Balloon Festival at Salt River Fields – October 28th & 29th – Put on your costume and head to Salt River Fields. This “fun for all ages” event will feature a costume contest, over 20 hot air balloons and about 4,000 pounds of candy! They are also offering tethered hot air balloon rides for an additional fee. Don’t forget to visit the Kids’ Zone!
  • City of Scottsdale’s Fall Festival – October 29th – This year will be the 51st year of the City of Scottsdale’s Fall Festival in Eldorado Park. It has moved to a daytime event and will run from noon to 4PM. There will be games, food trucks, live entertainment and more.
  • Cave Creek Wicked – October 29th – The Cave Creek Wicked bar crawl and costume contest will take place on the 29th. The crawk will hit seven of Cave Creek’s top watering holes for fun and drink specials. There is a free party bus for participants. (21 and up only.)
  • Nightmare on Princess Drive– October 29th – This is another party for the 21 and up crowd. The party will take place at the Scottsdale Princess Resort’s Plaza Bar and will feature a costume contest, DJs, specialty drinks and creepy decor.
  • Dia de los Muertos Celebration – October 29th – 30th – The Desert Botanical Garden will host a two-day celebration of this festival. There will be storytelling, live music, traditional dances and more. Artist Rufina Ruiz López will be displaying 200 handmade skulls and other ceramic items as well as hundreds of paper flowers and papel picado. Her art and handiwork will be on display until November 6th.

Like to Be Scared Out of Your Wits? These Haunted Houses Are Not for the Faint of Heart

Scottsdale Haunted House

If zombies, ghouls, terrifying creatures and getting frightened out of your mind are your preferred way to celebrate Halloween, you are in luck!

Here is a website that has listed all of the haunted houses, scary events and more. There are several events all over the Valley, feel free to visit them all and scream your heart out!
Arizona Haunted Houses

Also, AZ Central has pulled together a great list as well. AZ Central’s Guide to Haunted Houses.

And if you want to explore Arizona and maybe take in a ghost tour, here are AZ Central’s Spookiest Ghost Tours and Getaways. 

This collection only includes a small number of Halloween and Fall festivals and events. If you have any others that you would like to add, please feel free to do so in the comments section!

Disclaimer: Information deemed reliable, but not guaranteed. Event dates, times and pricing subject to change. Most events are paid admission.

Things to Do in Scottsdale – October 2022

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It is officially Fall, even though we are still seeing temperatures in the 90s! However, this time of year is when we see more and more events happening.

October is the month for Halloweeen and Fall Festival events. Here is a list of some of the things going on: Halloween Celebrations and Fall Festivals in Scottsdale and Greater Phoenix.

Here are some of the non-Halloween and Fall Festival events coming up this month:

  • Immersive King Tut – Ongoing – Learn all about King Tut’s life and journey to the afterlife in this immersive experience at the Lighthouse ArtSpace.
  • Arizona State Fair – Through October 30th – The state fair is back for 2022. Explore the rides, indulge in some fair food, watch the various concerts and performers plus much more! Here is the fair calendar.
  • Concerts at Scottsdale Quarter – Saturday Evenings – Each Saturday evening from 5 – 7PM, there will be live music in The Quad. Each week will feature a different band and musical genre.
  • Dinosaurs in the Desert- Through April 30, 2023 – The dinosaurs are back! These huge beasts will be located all over the zoo grounds. Take the self-guided tour to see them all.
  • Railfair at the McCormick-Stillman Railroad Park – October 1st – 2nd – Railfair is back. Experience all things railroad including extensive models, hop on a train ride or explore the railroad museum. Fun for all ages!
  • Full Moon Tour at Southwest Wildlife – October 8th – Explore Southwest Wildlife’s sanctuary at night and learn about what desert animals do at night. Advanced reservations are required.
  • Sacred Spaces at Taliesen West – October 14th – January 29, 2023 – Visitors to Taliesen West will get to explore this collection of thirty large-scale images of some of Frank Lloyd Wright’s masterpieces.
  • Maricopa County Home Show – October 14th – 16th – WestWorld will be hosting the Home Show and one of the main attractions will be the “Tiny Home Street of Dreams” where tiny homes will be showcased. Plus there will be seminars and demonstrations taking place all weekend. Discount tickets are available on the website.
  • I Recycle Phoenix Collection Day at Desert Ridge – October 15th- Have hard to recycle items laying around? Head over to Desert Ridge on the 15th to unload them. They are also looking for donations of clothing, food, bicycles, books, office supplies and more. Visit the link for more information and for a list of what they are accepting that day.
  • Desert Botanical Garden – Multiple Events – Ongoing – It is a busy month at the Desert Botanical Garden! There will be live music, butterflies, dog days, cultural events, a plant sale and more! Click the link to see all of the events.

As always, this is just a partial list of all of the amazing things going on in Scottsdale and around the Valley in October. Feel free to add any other events in the comments section.

Scottsdale AZ Luxury Home Market – August 2022

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– Scottsdale Luxury Home Market Performance for August 2022 –

Sales results were mixed in August. In some price points, sales rebounded after a quiet July and in others, sales were level or down.

This report covers the luxury home market in Scottsdale. All of these homes were on the market for one million dollars or more. To show additional detail, we split the data into four price bands.

We track the following sales metrics on a monthly basis:
Active – The number of active listings at the end of the month.
UCB (Under Contract Accepting Backup Offers) – The number of homes under contract, but still accepting backup offers at the end of the month.
Pending – The number of pending sales at the end of the month.
Sold – How many homes sold that month.

– August 2022 –

Scottsdale Homes Priced Between $1,000,000 – $1,499,999

Scottsdale Homes for Sale between $1 and $1.5 million August 2022

– Active Scottsdale Homes on the Market: The number of active listings fell slightly by the end of August, but we are more than double the 12 month average at 234.
– UCB Scottsdale Home Sales: The number of UCB contracts rebounded and closed out at 41.
– Pending Scottsdale Home Sales: Pending sales were also up in August.
– Scottsdale Homes Sold: Sales fell to their lowest level in the past year. This is down 34% compared to July’s performance.
– Sales Price to Listed Price: 94.9%- On average, buyers saw a discount of 5.1% off of list price.

Scottsdale Homes Priced Between $1,500,000 – $1,999,999

Scottsdale Homes for Sale between $1.5 and $2 million August 2022

– Active Scottsdale Homes on the Market: The number of homes for sale in this price point was up slightly at the end of the month.
– UCB Scottsdale Home Sales: UCBs were up slightly as well.
– Pending Scottsdale Home Sales: The number of pending contracts fell in August, but still turned in a decent performance.
– Scottsdale Homes Sold: The number of home sales jumped 28.9% between the end of July and the end of August.
– Sales Price to Listed Price: 96.6% – On average, buyers saw a discount of 3.4% off of list price.

Scottsdale Homes Priced Between $2,000,000 – $2,999,999

Scottsdale Homes for Sale between $2 and $3 million August 2022

– Active Scottsdale Homes on the Market: The number of homes for sale was down slightly in August, but still was way above the 12 month average of 70 homes.
– UCB Scottsdale Home Sales: UCBs fell to the lowest level we have seen in the past year.
– Pending Scottsdale Home Sales: The number of spending also fell in August. This figure and the UCB figure indicate that we will see fewer sales in September in this price point.
– Scottsdale Homes Sold: Home sales were down slightly compared to July.
– Sales Price to Listed Price: 95.3% – On average, buyers saw a discount of 4.7% off of list price.

Scottsdale Homes Priced $3,000,000+

Scottsdale Homes for Sale over $3 million August 2022

– Active Scottsdale Homes on the Market: Inventory in this price point was down slightly to close out the month at 154.
– UCB Scottsdale Home Sales: The number of UCB contracts was only half of what is was at the end of July. This is the lowest we have seen this figure in the past year.
– Pending Scottsdale Home Sales: Pending sales were down slightly, but still turned in a solid performance.
– Scottsdale Homes Sold: After a quiet July, sales were up 37.5% in August.
– Sales Price to Listed Price: 91.7% – On average, buyers saw a discount of 9.3% off of list price.

If you would like additional detail on home sales activity, please visit our Scottsdale Luxury Home Market Reports page and click on the downloadable “Scottsdale Market Trends” report.

Search Scottsdale Luxury Homes for Sale

Disclaimer: Information deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 9/1/2022 and can change at any time. The analysis looks at single-family luxury resale homes 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. This blog represents the opinion of the author. No warranties expressed or implied.
Copyright ©2022 Heather Tawes Nelson | Joyce Tawes

Will My House Still Sell in Today’s Market?

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If recent headlines about the housing market cooling and buyer demand moderating have you worried that you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

Buyer Demand Then and Now

During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation and an increase in home prices, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below):

Will My House Still Sell in Today’s Market? | MyKCM

The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today’s demand stands, let’s look at the July data for the past six years (see graph below):

Will My House Still Sell in Today’s Market? | MyKCM

This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today.

What That Means for You When You Sell

The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed.

While things have cooled a bit, it’s still a sellers’ market or in some areas of the Valley, a balanced market. If you work with a trusted local expert to price your house at the current market value, the demand is still there, and it should sell reasonably quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.

Bottom Line

Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, let’s connect so you can have expert insights on how the market has shifted and how to plan accordingly for your sale.

Phoenix and Scottsdale AZ Luxury Condo Sales – August 2022

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Luxury Condo Sales in Scottsdale and Phoenix – August 2022

Unlike what we are seeing in other types of housing, the luxury condo market continues to plug along.

In this report, we take a look at luxury condo sales in Scottsdale and Phoenix. All of these units had been on the market at $1 million or more. 

ACTIVE LISTINGS AT THE END OF AUGUST

The number of luxury condos for sale increased by one when compared to the end of July. There were 52 units for sale and of these, 46 of them were located in Scottsdale.

The most expensive condo on the market was a carry over from last month. It is located in Ascent at the Phoenician, which is a new development that is under construction. This unit was listed for $4,450,000 and has three bedrooms, three and one-half bathrooms and 3,985 square feet. 

The least expensive condo for sale was at Optima Camelview. It has two bedrooms and bathrooms and 1,424 square feet. The listing price was $1,025,000. 

UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

There were four UCB condos at the end of August, down slightly from the six UCBs at the end of July. All of these UCB contracts were located in Scottsdale. 

UCB Condos in Scottsdale

  • Optima Camelview – Two bedrooms and bathrooms, 1,955 square feet. Asking price was $1,150,000.
  • Portico Condominiums – This is a new development in North Scottsdale.
    • Three bedrooms, two and one-half bathrooms, 2,090 square feet. Asking price was $1,188,000.
    • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,652,400.
  • ICON in Silverleaf – Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,750,000.

UCB Condos in Phoenix

  • There were no UCB contracts in Phoenix at the end of August

PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

Pending sales fell to forty-one by the end of August. Some of this can be attributed to slower sales activity, but we are now also seeing a lot of condos that had been under construction for a while complete and close. 

Scottsdale Pending Luxury Condos

  • Portico Scottsdale – Three bedrooms, two and one-half bathrooms, 2,090 square feet. Asking price was $1,188,000.
  • The Reserve – This community is under construction.
    • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,004,500.
    • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,011,500.
    • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,012,450.
    • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,026,500.
    • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,063,000.
    • Two bedrooms, two and one-half bathrooms, 2,020 square feet. Asking price was $1,075,000.
    • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,159,000.
    • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,271,450.
    • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,279,900.
  • Ascent at the Phoenician – This is another fantastic development underway.
    • One bedroom, one and one-half bathrooms, 1,698 square feet. Asking price was $1,475,000.
    • Two bedrooms, two and one-half bathrooms, 1,847 square feet. Asking price was $1,600,000.
    • Two bedrooms, two and one-half bathrooms, 2,374 square feet. Asking price was $2,050,000.
    • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,285,000.
    • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,395,000.
    • Three bedrooms, three and one-half bathrooms, 3,867 square feet. Asking price was $3,975,000.
    • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,100,000.
    • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,750,000.
    • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,895,000.
    • Three bedrooms, three and one-half bathrooms, 3,945 square feet. Asking price was $4,950,000.
  • Seven at Desert Mountain – This community is also under construction.
    • Three bedrooms, three and one-half bathrooms, 2,414 square feet. Asking price was $1,536,004.
    • Three bedrooms, three and one-half bathrooms, 2,716 square feet. Asking price was $1,809,900.
  • ICON at Silverleaf – Currently under construction.
    • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $1,995,000.
    • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,150,000.
    • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,500,000.
    • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,625,000.
    • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,700,000.
    • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,800,000.
    • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,900,000.
    • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,900,000.
    • Three bedrooms and bathrooms, 3,157 square feet. Asking price was $2,995,000.
    • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,175,000.
    • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,200,000.
    • Three bedrooms, four bathrooms 3,157 square feet. Asking price was $3,350,000.
    • Three bedrooms, three and one-half bathrooms, 3,945 square feet. Asking price was $4,950,000.
    • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $6,900,000.
    • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $7,700,000.
    • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $7,718,000.
    • Four bedrooms, four and one-half bathrooms, 5,534 square feet. Asking price was $8,000,000
    • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $8,350,000. 

Phoenix Pending Luxury Condos

  • One Lexington – Two bedrooms, two and one-half bathrooms, 2,288 square feet. Asking price was $1,295,000.
  • Fairway Lodge at the Biltmore – Two bedrooms, two and one-half bathrooms, 2,329 square feet. Asking price was $1,375,000.

LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

There were eleven sales in August, up two from July’s nine sales. As I mentioned above, we are now seeing some of the communities that had been under construction finish up and deliver the units to the new owners.

Scottsdale Luxury Condo Sales

  • Optima Camelview – Two bedrooms and bathrooms, 1,984 square feet. Asking price was $1,150,000 and it sold for $1,125,000.
  • Seven at Desert Mountain
    • Three bedrooms, three and one-half bathrooms, 2,414 square feet. Asking price was $1,950,000 and it sold for $1,850,000.
    • Three bedrooms, three and one-half bathrooms, 2,414 square feet. Asking price was $1,612,768 and it sold for $1,636,645.
    • Three bedrooms, three and one-half bathrooms, 2,716 square feet. Asking price was $1,835,850 and it sold for $1,955,608.
  • Optima Kierland – Two bedrooms, two and one-half bathrooms, 1,483 square feet. Asking price was $1,595,000. and it sold for $1,540,000.
  • The Reserve – Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,404,109 and it sold for list price. 
  • Scottsdale Waterfront Residences – Two bedrooms, two and one-half bathrooms, 2,041 square feet. Asking price was $1,550,000 and it sold for $1,480,000.
  • Plaza Lofts at Kierland – Two bedrooms, two and one-half bathrooms, 1,942 square feet. Asking price was $1,399,000 and it sold for $1,300,000.
  •  

Phoenix Luxury Condo Sales

  • Fairway Lodge at the Biltmore
    • Two bedrooms, two and one-half bathrooms, 2,616 square feet. Asking price was $1,350,000.
    • Three bedrooms, two and one-half bathrooms, 2,329 square feet. Asking price was $1,415,000.
  • The Residences at 2211 Camelback – Two bedrooms, three bathrooms, 3,000 square feet. Asking price was $1,650,000 and it sold for $1,525,000.

Learn More About Phoenix and Scottsdale Luxury Condos

Search Phoenix and Scottsdale Luxury Condos for Sale

Disclaimer: Days on market figures are cumulative days on market. Information herein deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 9/1/2022 and can change at any time. The analysis looks at resale luxury condos in Scottsdale and Phoenix over the past 12 months. Information deemed reliable, but not guaranteed.  There may be new condo 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 ©2022 Heather Tawes Nelson | Joyce Tawes

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

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Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market | MyKCM

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. In fact, in some areas of the Valley, we have moved to a balanced market. Areas like Scottsdale and Paradise Valley still favor sellers somewhat though.

And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.

Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars has been easing over the past several months. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be just what you need to re-enter the market.

1. The Return of Contingencies

Over the last two years, more buyers were willing to skip important steps in the home buying process, like the appraisal or inspection, to try to win a bidding war. But now, fewer people are waiving the inspection and appraisal.

The latest data from the National Association of Realtors (NAR) shows the percentage of buyers waiving their home inspection and appraisal is declining. And a recent survey from realtor.com confirms more sellers are accepting offers that include these conditions today. 

According to their August study:

  • 95% of sellers reported buyers requested a home inspection
  • 67% of sellers negotiated with buyers on repairs as a result of the inspection findings

This goes to show buyers are more able to include these conditions in their offers today and negotiate as needed based on the outcome of the inspection.

2. Sellers Are More Willing To Help with Closing Costs

Generally, closing costs range between 2% and 5% of the purchase price for the home. Before the pandemic, it was a common negotiation tactic for sellers to cover some of the buyer’s closing costs to sweeten the deal. This didn’t happen as much during the peak buyer frenzy over the past two years.

Today, as the market shifts and demand slows, data from realtor.com suggests this is making a comeback. A recent article shows 32% of sellers paid some or all of their buyer’s closing costs. This may be a negotiation tool you’ll see as you go to purchase a home. Just keep in mind, limits on closing cost credits are set by your lender and can vary by state and loan type. Work closely with your loan advisor to understand how much a seller can contribute to closing costs in your area without jeopardizing your financing.

Bottom Line

Regardless of the extremely competitive housing market of the past several years, today’s data suggests negotiations are starting to come back on the table. This is good news if you’re planning to enter the housing market. To find out how the market is shifting in our area, let’s connect.

Quick Video Update of the Scottsdale Real Estate Market – August 2022

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– August 2022 Scottsdale Housing Market Video –

Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of August.

August 2022 – Video


Scottsdale Active Listings

Scottsdale homes for sale August 2022

Compared to earlier in the year, Scottsdale now has plenty of inventory. We are back to over 1,100 listings, which is great news for buyers.

Inventory was up 64% between August 2022 and August 2021. However, there was a decline of 9% between the end of July and the end of August 2022.

Median List Price for Scottsdale Homes

Scottsdale homes median list price August 2022

The median list price represents the price that is the exact midpoint price of all homes that are on the market. One half of the homes are priced higher and the other half are priced lower.

In August, the median list price was $1.2 million. Interestingly enough, it is the same as August 2021’s median list price. It moved slightly about July 2022’s $1.15 median list price.

Days on Market

Scottsdale homes days on market August 2022

This next section looks at the rate at which homes are selling. Days on Market (or DOM) measures the average number of days it took for homes to sell.

In August, we came in at 53 days, which is a 47% increase over last August’s 36 days.

Median Sales Price for Scottsdale Homes

Scottsdale homes median sales price August 2022

Here we are looking at August’s median sales price for homes.

At the end of the month, the median sales price in Scottsdale was $960K. This is down from the previous month’s $1.06M, but almost $100K above August 2021’s $865K.

Number of Homes Sold

In this last section, we will look at home sales.

Scottsdale Home Sales August 2022 versus 2021

This first image compares home sales on a year-over-year basis. Sales were down 33% compared to last year.

What is interesting to note is that even though there was a lot more inventory in August 2022, sales fell due to decreased buyer demand.

Scottsdale home sales July versus August 2022

This next image looks at sales on a month-over-month basis. Sales were actually up 18% compared to July.

We hope that you found this video and commentary helpful as you gather more information to make smart informed real estate decisions.

For more Scottsdale real estate information or if you have any questions about the local area, feel free to contact Joyce at (480) 209-7843 or Joyce@LiveBetterinScottsdale.com.

Click to watch other videos on our Live Better in Scottsdale YouTube Channel.

Interested in other stats for our market? Visit our Real Estate Market Update page.

Disclaimer: Data deemed to be accurate, but is not guaranteed.

Things to Do in Scottsdale – September 2022

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– Scottsdale Events – September 2022 –

Welcome to September! I am late on this one, but hope everyone had a nice Labor Day weekend…

Here are some events going on in and around Scottsdale during the month.

  • Arabian National Breeder Finals – September 14th – 17th – This popular horse event is back at WestWorld. Come watch top horses show off their skills and breeding. 
  • Arizona Restaurant Week – September 16th – 25th – This is one of our favorite times of year because we like to try new places and revisit old favorites. This year, there are 130 restaurants participating. Pricing ranges from $33 to $55 and some restaurants are offering these prices per couple, to save you even more money. Enjoy!
  • Junk in the Trunk Vintage Market – September 16th – 18th – Junk in the Trunk will be back at WestWorld. 120,000 square feet of space will host over 160 vendors and their wares. Live music and food trucks will be there as well.
  • Museum Day – September 17th – Get free entry to participating museums around the Valley, including Western Spirit: Scottsdale’s Museum of the West and the CAF Airbase Arizona Flying Museum.
  • Arizona Quarterhorse Fall Championships – September 21st- 25th – Head over to WestWorld to see experts compete in a variety of events. 
  • Christopher Cross – September 23rd – One of “yacht rock’s” favorite artists, Christopher Cross will be performing at the Talking Stick Resort. And if Joe Satriani is more your speed, he will be performing on September 24th. 
  • Fall Concert Series at Scottsdale Quarter – Saturday evenings starting September 24th – Now in its 10th year, Scottsdale Quarter’s free concert series will start off on the 24th with Vinyl Station. Each Saturday will feature a new band and lots of musical styles will be represented. 
  • Free Entrance to National Parks for National Public Lands Day – September 24th – Get ready to explore!  Visit national parks for free, including many in Arizona. Get on the road and head on up to the Grand Canyon or explore Montezuma Castle in Camp Verde. 
  • Majestic Mariposas at the Desert Botanical Garden – Starts September 24th – The butterflies are back! Get up close and personal with gorgeous Monarch and other Arizona butterflies in the Butterfly Pavillion. This is a fun one for all ages!

This is only a partial collection of things going on in Scottsdale and around the Valley. Please feel free to add any others to the comment section. 

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