Phoenix/Scottsdale Real Estate Market December Update – November 2017 Stats

Here is the Phoenix/Scottsdale area Monthly Real Estate Market Report for December 2017, which shows 7,187 homes sold in the month of November compared to 6,905 homes in November 2016. This is a 4.0% increase for the number homes sold year over year. And the average sale price is up 8.7% year over year. The amount of listed homes is down by 12.9% to 18,448 from 21,025 in November 2016. Inventory of listed homes is still well below last year at this time. And demand continues to remain strong going into the Fall/Winter. The average days on market is down 13.7% from November 2016 to 63 days. (Click on the link below or the image to view the full Market Report)

Click here to see the full November 2017 Market Report & Statistics

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/winter, as the strong market 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.