Market Data Report – January 2018

New market data for Maricopa County, as well as the residential real estate market in Scottsdale and the surrounding areas, is generated and shared every month by the Scottsdale Area Association of REALTORS® on the SAAR website. The January 2018 report gives a snapshot of information relevant to all readers, but especially to active REALTORS® and their clients. Here’s are some highlights:

Closed Sales
The year-over-year change for the total number of single-family, condominium
and townhome properties sold each month is down 17.2 percent from 2017 to 2018.

Closed Sales Volume
The year-over-year change for the sum of the sales price of single-family, condominium
and townhome properties sold each month is down 10.6 percent from 2017 to 2018.

Average Sales Price
The year-over-year change for the average sales price of the single-family,
condominium and townhome properties sold each month is up 7.9 percent from 2017 to 2018.

This and all reports include summaries of key listing and sales metrics, new listings and volume, active listings and volume, average and median listing price, median days in RPR and much more. Refer to the Market Data and Research reports regularly to support your real estate business.

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