Scottsdale Market Trends
Maricopa County Market Trends
For more information on current market trends in Phoenix and Scottsdale contact Carmen Brodeur at Carmen@TopScottsdaleHomes.com, or check out recent articles below.
Phoenix Housing Market Sees Surge in November
AZ Big Media, December 17, 2024
Closed residential sales in greater Phoenix housing market sees surge in November rose nearly 14% in November compared to last year, with listings climbing 13.5% over the majority of 2024, according to Phoenix REALTORS® data.
“More than 4,000 families claimed their next homes in November. It’s an encouraging statistic,” said Sheryl Bowden, board president of Phoenix REALTORS. “With the lower interest rates and the increase in housing choices, buyers have much more opportunity than just a few months ago.”
What’s Next for the 2025 Housing Market?
Melissa Dittmann Tracey, Realtor Magazine, November 11, 2024
NAR economists weigh in on home sales and mortgage rates—and how the election results, the economy and changing buyer demographics could impact your real estate business in the year ahead.
The last two years have been tough for many people who work in home sales or who were in the market to buy or sell, but the worst may be over, Lawrence Yun, chief economist of the National Association of REALTORS®, told a crowd of real estate professionals during NAR NXT, The REALTOR® Experience, in Boston on Friday.
When is the Best Time to Sell a House in Arizona?
AZ Big Media, October 7, 2024
The best month to sell your house fast in Arizona is April, because that’s when homes tend to spend the least amount of time on the market. Last year, Arizona homes sold in April were on the market for an average of 45 days, which is 7 days faster than the annual average.
Looking to sell your house fast? Compare cash offers from multiple, vetted buyers in your zip code today. Plus, get a free home valuation so you know what your home is worth on the open market.
Land Prices Soaring in the Valley’s Luxury Market
Angela Gonzales, Phoenix Business Journal, August 27, 2024
Land prices are through the roof in some of the Valley’s luxury residential markets, according to research conducted exclusively for Phoenix Business Journal.
Looking at land prices over the past three years, J. Andrew Turley, president of Phoenix Valuations, found land prices doubled in Paradise Valley and the Arcadia area of Phoenix for parcels that were 2.5-acres and smaller.
Stay informed on the latest Scottsdale AZ real estate market trends by bookmarking this page. The real estate trends in Phoenix and Scottsdale are completely different than the national trends. This page is updated frequently to keep you informed on the changes in the market. Research the latest Scottsdale real estate market trends and housing statistics right here. We want all of our clients to have access to the most current Scottsdale real estate stats and trends.
Please call Carmen Brodeur at (602) 791-0536 with any questions.