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Scottsdale Market Report – April 2019

Here is a look at the real estate market report for the Scottsdale, AZ area.

Contents hide
1 Average Price for Homes and Condos Sold in Scottsdale by Month
2 Existing Scottsdale Home Sales
3 Average Days on Market for Scottsdale
4 Scottsdale Listing Statistics
5 Scottdale’s Average List Price to Close Price
Click to see newly listed Homes and Condos

Average Price for Homes and Condos Sold in Scottsdale by Month

The average sale price for single-family homes and condos in Scottsdale in April 2019 is $640,932. In April 2018, the average sale price was $585,917, which shows a year over year increase of 9.39%.

Month-YearAverage Sale Price
April-19$640,932
March-19$606,258
February-19$603,154
January-19$600,397
December-18$580,689
November-18$580,099
October-18$593,546
September-18$568,114
August-18$577,751
July-18$547,587
June-18$611,939
May-18$610,141
April-18$585,918

The average sale price for rental listings in Scottsdale in April 2019 was $2220, which is just slightly higher than April 2018, $2085.

Month-YearAverage Rental Price
April-19$2220
March-19$2207
February-19$2307
January-19$2242

Existing Scottsdale Home Sales

In April 2019 848 single-family homes, condos and townhomes were sold in Scottsdale. Total properties sold in Scottsdale in April 2018 sold was 871.

Single Family Homes530
Patio Homes38
Condos/Townhomes277
Lofts1

Average Days on Market for Scottsdale

The average cumulative days on market for homes, condos, and townhouses in Scottsdale for April 2019 is 96, which is the same as March 2019, and slightly higher than April 2018, which was 91 days.

April 2019 DOM

Scottsdale Listing Statistics

The total number of new listings in Scottsdale in April 2019 was 1083, with a total of 3053 active, and 848 sold, showing our current inventory is just slightly higher than last March. Sales were slightly lower this time last year.

MonthNew ActiveSold Months Of
Inventory
19-Apr108330538483.6
19-Mar111931037684.04
19-Feb100930116174.88
19-Jan124427574955.57
18-Dec58726105584.68
18-Nov86226825894.55
18-Oct103324805954.17
18-Sep88422995524.16
18-Aug86322667093.2
18-Jul70223317563.08
18-Jun90925798533.02
18-May93728159602.93
18-Apr108930048713.45
18-Mar121230278793.44

Scottdale’s Average List Price to Close Price

The average original list price is 97% of the close price for homes in Scottsdale and the same for condos/townhomes for April 2019, which is the same percentage as March 2019.

Please visit the Cactus Valley Realty website for the National, Maricopa County, and the greater Phoenix Metro Area real estate market report .

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