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

Here is the Phoenix/Scottsdale area Monthly Real Estate Market Report for January 2018, which shows 7,204 homes sold in the month of December compared to 7,164 homes in December 2016. This is a 0.6% increase for the number homes sold year over year. And the average sale price is up 8.6% year over year. The amount of listed homes is down by 13.1% to 17,128 from 19,692 in December 2016. Inventory of listed homes is still well below last year at this time. And demand continues to remain strong going into the Winter. The average days on market is down 15.7% from December 2016 to 64 days. (Click on the link below or the image to view the full Market Report)

Click here to see the full December 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 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 to see Scottsdale area homes and helpful articles.