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Scottsdale Real Estate Market Update

Scottsdale real estate market information

Information provided by Michael Orr - Cromford Report During August we continued the market's three month wind-down following its springtime frenzy. The basic numbers for September 1, 2012 relative to September 1, 2011 for all areas & types across ARMLS are: •Active Listings:  14,405 versus 19,216 last year - down 25% - and up 7% from last month •Pending Listings: 10,125 versus 11,508 last year - down 12% - and down 3% from last … [Read more...]

Phoenix Area Home Prices Are Up

Scottsdale Real Estate Market Update

Below is an article that was released today from the Phoenix Business Journal by Kristena Hansen: The huge gains in Phoenix-area home values over the past few months have started to mellow this summer, according to the latest housing report released Thursday by Arizona State University’s W.P. Carey School of Business. In June, the median single-family home price in metro Phoenix was $150,000. That’s up 2 percent, or $3,000, from May, … [Read more...]