Phoenix/Scottsdale Real Estate Market May Update – April 2018 Stats

Here is the Phoenix/Scottsdale area Monthly Real Estate Market Report for May 2018, which shows 9,165 homes sold in the month of April compared to 8,819 homes in April 2017. This is a 3.8% increase for the number homes sold year over year. And the average sale price is up 9.5% year over year, while the amount of listed homes is down by 13.4% to 16,450 from 18,990 in April 2017. Inventory of listed homes is still well below last year at this time, and demand continues to remain strong going into the upcoming Summer months. The average days on market is down 19% from April 2017 to just 60 days!

Click here to see the full April 2018 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 Spring/Summer, 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

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