Scottsdale Real Estate statistics, Aug.2010
HI,
The month of August saw 549 sales compared to 551 in July showing some stability. The average sales price was $348,421, down significantly from July's $349,284. This is due more to the sale mix than anything else. A more telling figure is price per foot, which at $141.69 was down 6.6% from July's figure of $151.64. This is on par with the rest of the valley. So far, for September sales, that figure is up slightly to $142.74 per sf.
Compared to August of 2009, sales were higher, up from 484, but average price was lower from $407,516.
Days on market were 131 in August, and 165 in July. This is down by a month at the same time last year.
Adam Tarr PC
Citywide Real Estate
Phoenix, AZ
480-236-7374
adam@WeAreAZRealEstate.com
The month of August saw 549 sales compared to 551 in July showing some stability. The average sales price was $348,421, down significantly from July's $349,284. This is due more to the sale mix than anything else. A more telling figure is price per foot, which at $141.69 was down 6.6% from July's figure of $151.64. This is on par with the rest of the valley. So far, for September sales, that figure is up slightly to $142.74 per sf.
Compared to August of 2009, sales were higher, up from 484, but average price was lower from $407,516.
Days on market were 131 in August, and 165 in July. This is down by a month at the same time last year.
Adam Tarr PC
Citywide Real Estate
Phoenix, AZ
480-236-7374
adam@WeAreAZRealEstate.com