Here is the Phoenix/Scottsdale area Monthly Real Estate Market Report for August 2017, which shows 8,221 homes sold in the month of August compared to 7,968 homes in August 2016. This is a 3.1% increase for the number homes sold year over year. And the average sale price is up 8.0% year over year and 1.3% from last month! And the amount of listed homes is down by 11.6% to 17,654 from 19,741 in August 2016. Demand has continued to remain strong even during the slower Summer months, and the supply of listed homes continues to fall, with the average days on market down 17.2% from August 2016 to just 63 days. (Click on the link below or the image to view the full Market Report)
Give us a call or text us at 480-754-9477 or 480-754-9077 if you’re thinking about buying or selling a home this fall, as the strong market now continues to be good for both buyers and sellers, or if you have questions about this information. And don’t forget to explore our website AzDreamHomesScottsdale.com to see Scottsdale area homes and helpful articles.