Is Northern Scottsdale, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Northern Scottsdale has remained a Seller's Market.
Housing Prices in Northern Scottsdale, AZ
How much do homes in Northern Scottsdale, AZ cost?
Median Sold Price
$1,357,272
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northern Scottsdale was $1,357,272 in April 2024, up 9.7% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $330.3K | 0.1% |
2 Bedrooms | $720K | $700K | -2.8% |
3 Bedrooms | $1.0M | $1.1M | +13.8% |
4 Bedrooms | $1.5M | $1.7M | +13.1% |
5+ Bedrooms | $2.4M | $2.5M | 0.1% |
Summary: Northern Scottsdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in Northern Scottsdale, AZ
How many homes are available in Northern Scottsdale, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,137 | 1,183 | +4.0% |
Summary: The Northern Scottsdale real estate market had 1,183 homes for sale in April 2024, a 4.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 118 | 111 | -5.9% |
3 Bedrooms | 364 | 375 | +3.0% |
4 Bedrooms | 420 | 444 | +5.7% |
5+ Bedrooms | 225 | 242 | +7.6% |
Summary: The Northern Scottsdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 7.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
172 | 211 | +22.7% |
Asking Price vs. Sold Price
167 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 211 homes were sold or pending in Northern Scottsdale in April 2024, up by 22.7% month-over-month. Of the 211 sold homes, 79% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Northern Scottsdale, AZ
How long does it take to sell a home in Northern Scottsdale, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 85 Days | -1.0% |
Summary: Homes in Northern Scottsdale had an average of 85 days on market in Apr 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
82 Homes Were Sold
In 30 - 90 Days
66 Homes Were Sold
Over 90 Days
Summary: During April 2024, 211 homes were sold in Northern Scottsdale; 30% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.