North Scottsdale 85262 85263 Real Estate Home Sales Trends 2013
North Scottsdale Homes Sales
North Scottsdale November Homes Real Estate sales were 58, down -24.7% from 77 in November of 2012 and 20.8% higher than the 48 sales last month. November 2013 sales were at a mid level compared to November of 2012 and 2011. November YTD sales of 812 are running -0.9% behind last year’s year-to-date sales of 819.
North Scottsdale Homes Prices
The Median Sales Price in November of North Scottsdale Homes was $679,500, up 29.3% from $525,500 in November of 2012 and down -7.4% from $734,000 last month. The Average Sales Price in November was $745,389, up 1.2% from $736,602 in November of 2012 and down -33.9% from $1,127,533 last month. November 2013 ASP was at highest level compared to November of 2012 and 2011.
North Scottsdale Homes Inventory & MSI
The Total Inventory of North Scottsdale Homes available for sale as of November was 638, up 5.3% from 606 last month and up 11.5% from 572 in November of last year. November 2013 Inventory was at a mid range compared to November of 2012 and 2011.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2013 MSI of 11.0 months was at a mid range compared with November of 2012 and 2011.
North Scottsdale Homes Market Times
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for November was 95, down -13.6% from 110 days last month and up 2.2% from 93 days in November of last year. The November 2013 DOM was at a mid range compared with November of 2012 and 2011.
North Scottsdale Homes Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The November 2013 Selling Price per Square Foot of North Scottsdale Homes was $218 which was down -17.1% from $263 last month and up 4.3% from $209 in November of last year.
North Scottsdale Homes Selling Price vs Listing Price
The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The November 2013 Selling Price vs List Price of North Scottsdale Homes was 95.8% which was up from 95.7% last month and up from 95.4% in November of last year.
North Scottsdale Homes Inventory / New Listings / Sales
‘This last view of the market combines monthly inventory of North Scottsdale Homes for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in November 2013 was 122, down -34.1% from 185 last month and up 15.1% from 106 in November of last year.
Note that in this report it reflects two zip codes in North Scottsdale. While Properties are similar throughout the two zip codes properties differ significantly from area to area within the zip codes. For example, zip code 85262 will include golf course communities with higher values per square foot than outlying areas on the eastern side of zip code 85262. Average sold prices will differ between these area due to amenities affecting the property. To fully evaluate an individual property it will be necessary to look at the specific factors of a given area.
Want More Information on North Scottsdale, 85262, 85266, Homes For Sale, Luxury Homes For Sale, Golf Course Homes For Sale?
ARIZONA REAL ESTATE FOR SALE
Arizona Real Estate | Cities
Search for Scottsdale Arizona Real Estate For Sale, Cave Creek Arizona Homes For Sale, Carefree Arizona Homes For Sale, Rio Verde Foothills Arizona Homes For Sale, North Phoenix Arizona Homes For Sale.
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Free Arizona MLS Search. Start your Real Estate Search by City NOW or Search by zip codes, 85266, 85331, 85263, 85377, 85262, 85255.
As a 35 year + full time veteran of the REAL ESTATE Industry, I understand what it takes to not only find the Home, Lot, Land, of your dreams, but also how to negotiate the minefield of real estate transactions. Not only am I a veteran of the real estate industry, I also live in the area I service.
An avid Golfer, Horseman and Baseball Fanatic, I know the pulse of the community. Todays buyer starts on the internet and spends an average of 5 months quietly perusing the information that is available. As this area tends to be buyers from outside the area my internet presence is a huge attraction.
I regularly update my material and have additional pages that I maintain with up to date information on such platforms as Coldwell Banker, Google+, Facebook, Blogger, Active Rain, EProperties, Trulia, Zillow, YouTube , Tumblr and many others. Also, I have other sites that are specific to Property Types. These are:
North Scottsdale Homes For Sale By PriceDirect Link to the North Scottsdale MLS to search for homes in the specific bedroom, size or price category. You can also perform a custom search by clicking on the link to a custom search at the bottom of the column.
North Scottsdale Arizona Subdivision Homes For Sale SearchSearch for MLS homes in specific subdivisions by Bedroom and Price Ranges. Click on any link to be taken to an Scottsdale MLS Search Page. To perform a custom search, click on the custom search link at the bottom of the column.
|Saguaro Estates||Saguaro Highlands||Sandflower||Silverleaf|
|All Homes||All Homes||All Homes||3 Bedroom Homes|
|3 Bedroom Homes||3 Bedrooms||3 Bedroom Homes||4 Bedroom Homes|
|4 Bedroom Homes||4 Bedrooms||4 Bedroom Homes||5 Bedroom Homes|
|5 Bedroom Homes||5 Bedroom||6 + Bedroom Homes|
Scottsdale Arizona Golf Course Homes For SaleFree MLS Search all Scottsdale Arizona Golf Course Homes For Sale. Search by Listing Price, Square Footage, all Scottsdale Arizona Golf Course Homes For Sale. Just click on any link to be taken to Scottsdale Golf Course Homes For Sale Links to the Realtor MLS.
|Scottdale Golf Course Homes|
|3 Bedroom Homes|
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Cave Creek Arizona Real Estate MLS Home SearchSearch the Cave Creek Arizona MLS by Bedrooms, Price or Size. Direct link to the Cave Creek MLS with up to the moment information. Click on any link to be directed to your search.
Cave Creek Arizona Subdivisions Homes For SaleFree MLS Search all Cave Creek Arizona Subdivisions Homes For Sale. Search the MLS Like a Realtor. Click on any link to be taken to a special Realtor MLS Search Page to "Search Like Realtor".
Carefree Arizona |Real Estate |MLS |Realtor |Homes |SearchSearch the Carefree Arizona MLS by Bedrooms, Price or Size. Direct link to the Carefree Arizona MLS with up to the moment information. Click on any link to be directed to your search.
Carefree Arizona Subdivision |MLS |Homes |Golf Course Homes |Lots |MLSCarefree Arizona Real Estate MLS Subdivision Search. Direct Link to the Carefree MLS to search specific subdivisions in Carefree Arizona. Up to date to the moment information. Search for all Carefree Arizona Subdivision Homes For Sale.
Rio Verde Foothills Arizona Homes For Sale |Golf Course Homes |Horse PropertiesSearch Rio Verde Arizona MLS by Bedrooms, Price or Size. Direct link to the Rio Verde Arizona MLS with up to the moment information. Click on any link to be directed to your search for Homes, Lots, Land, Luxury Homes, Golf Course Homes, Horse Properties.
|3 Bedroom||4 Bedroom||5+ Bedroom||Vacant Land|
|All Homes||All Homes||All Homes||Under 2.5 Acres|
|Under 500K||Under 500K||Under 500K||2.5-5.0 Acres|
|500-999K||500-999K||500-999K||5 + Acres|
|Million Dollar Homes||Million Dollar Homes||Million Dollar Homes|
North Scottsdale Arizona | Horse |Properties |Homes |LandFree MLS Search all North Scottsdale Arizona Horse Properties, Land, Homes, For Sale. Search the North Scottsdale MLS, Homes for Sale, Horse Properties for Sale, Land, Like a Realtor.
|All Horse Property||By Price||Facilities||Raw Land|
|3 Bedroom||-500K||+ Barn||Under 2.5 Acres|
|4 Bedroom||500-999K||+ Arena||2 to 5 Acres|
|5 Bedroom||1M+||Over 5 Acres|
Commercial Real Estate For Sale
Scottsdale, Phoenix, Tempe, Chandler, Gilbert, Mesa, Fountain Hills, Scottsdale, Cave Creek, Carefree, Arizona. Search all Commercial Real Estate For Sale. Search Office, Office Warehouse, Warehouse, Medical, Dental, Retail, Commercial Land For Sale.
Commercial MLS Search, Click on any search linkCommercial MLS Real Estate Search, Scottsdale, Phoenix, Mesa, Tempe, Chandler, Gilbert, Fountain Hills, Cave Creek, Anthem Arizona. Click on any link to be taken to the search results page.
|OFFICE FOR SALE SEARCH||MEDICAL/DENTAL OFFICE SPACE FOR SALE||OFFICE WAREHOUSE FOR SALE||WAREHOUSE FOR SALE||RETAIL FOR SALE|
|Fountain Hills||Fountain Hills||Fountain Hills||Fountain Hills||Fountain Hills|
|Cave Creek||Cave Creek||Cave Creek||Cave Creek||Cave Creek|
OVER 300 ENDORSEMENTS
- Jeff McDowell, North Scottsdale Realtor 623.262.0811 EMAIL ME
By Jeff McDowell
© 2013 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Arizona Regional MLS, Inc. for the period 10/30/1999 through 11/30/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS’s may not reflect all real estate activity in the market.
By Jeff McDowell