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Swee Ng
2018 Scottsdale AZ Real Estate Housing Market Trends Report, Statistics and House Value
Understanding the general direction of the current market conditions for home prices in Scottsdale AZ is of vital importance to both buyers and sellers to help you make a more informed decision when buying or selling a home in Scottsdale AZ.Here are 2018 Scottsdale AZ housing market trends report for single family detached home and statistics. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Scottsdale AZ provided by the FlexMLS system.
2018 Scottsdale AZ Real Estate Housing Market Update Highlight:
- New listing had decreased about 2.3% from 2017
- 2018 Average Sold Price for Single Family Home in Scottsdale was $736,775 and had increased about 7.9% from 2017
- Median Sold Price in 2018 was $570,000, which had increased 7.5% from a year ago
- About 99% of single family home sold in Scottsdale in 2018 are traditional sales.
- Scottsdale most expansive home sold in 2018 was sold for $17,500,000
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We saw a 2.5% increased in the number of Single Family Homes sold in 2018 compared to a year ago. The statistics show that we had 5,352 residential Single Family Detached Homes sold in 2018 in Scottsdale AZ compared to 5,221 in 2017.In 2018, we saw 109 days on Market (DOM), compare to 112 a year ago. It took average 109 days to get your Scottsdale single home sold in 2018.
2018 Scottsdale Median Sold Price for Single Family Homes
2018 median sold price for single family home was $570,000. Compare to a year ago, 2017 median sold price was $530,000. The median sold price for single family home in Scottsdale had increased $40,000, that about 7.1% appreciation from a year ago.Click here to view Homes for Sale in Scottsdale AZ Under $500,000
Scottsdale AZ 2018 Average Sold Price Analysis
2018 Average Sold Price for Single Family Detached Homes in Scottsdale AZ is $736,775. Compare to last year 2017 average sold price $682,902, the average sold price has increased about 7.9% from a year ago.There are 877 million dollars homes sold in Scottsdale in 2018 compare to 692 in 2017.
Click here to view Homes for Sale in Scottsdale AZ Under $650,000
2018 Scottsdale AZ Average Sold Price Per Square Feet
The average price per square feet sold in 2018 in Scottsdale is $245 per square feet. Last year 2017, the average sold price per square feet was $231 per square feet.Click here to view Homes for Sale Under $235 Per Square Feet Scottsdale AZ
Based on statistics on both of Median Sold Price and Average Sold Price, Buyers are paying more for a Single Family Detached Homes in Scottsdale AZ compare to a year ago.
As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.
Wondering how much house you can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.Selling Your Home in Scottsdale AZ
Contact or call Swee Ng at 480.721.6253 today to discuss your potential Scottsdale AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today's market.
New Listing in Last 24 hour Scottsdale AZ
Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.If you are looking to buy or sell your home in Scottsdale AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.
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