Buying or Selling in Scottsdale? Watch These 5 Numbers
Posted by Judy Orr on
WHAT ARE THE 5 IMPORTANT NUMBERS TO WATCH FOR THE CURRENT SCOTTSDALE REAL ESTATE MARKET?
Quick Answer: Scottsdale's housing market runs on five numbers: inventory, days on market, price reductions, months of supply, and mortgage rates. Right now, Scottsdale has about 2,208 single-family homes for sale, and homes take a median of 73 days to sell. Nearly 52% of active listings have had a price cut. Together, these numbers tell you whether it's a buyer's market or a seller's market, and what to expect if you list or buy this year.
These five number valuations are for any market, anywhere in the United States. The actual numbers in this post reflect Scottsdale real estate.
What's the Current Inventory in the Scottsdale Housing Market?
…
47 Views, 0 Comments