8/2/2019 03 12 Exec Summary [Condo] Az Scottsdale 85258

1/1

22 11970

2082.0 28

2.0

5

153

2.0 36

201

2

4

28

$ 174,900

6

1

37

2.0

32.0

1005

36

$ 129,900

2.0

250

$ 332,450

2.0$ 467,250

26

7

1543

Again this week in this zip code we see a downward notch foprices. Pricing has been weak in recent weeks and versus thabsolute-high level. At this point, we will be looking for apersistent upward shift in the Market Action Index as a leadindicator for a trough in prices.

The market has been cooling off a bit in recent weeks, as morehomes are available and demand is less. We're already seeing prices

move lower as a result. Expect this trend to continue expecially ifthe index falls to the Buyer's zone. Watch for a persistent up-turn inMarket Action to signal prices rising again.

Inventory is up and Market Action is trending down recently. Whiledays-on-market appears to be trending lower, the overallconditions are weakening a bit.

SCOTTSDALE, AZ 85258Kelli Grant RealtyGroup Market ReportExecutive Summary

36

1168

2.0

Monday March 12, 2012

The median list price in SCOTTSDALE, AZ 85258 this week is$225,000.

Investigate the market in quartwhere each quartile is 25% of hordered by price.

Most expensive 25% of properties

Upper-middle 25% of properties

Lower-middle 25% of properties

Least expensive 25% of properties

Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet

Kelli Grant Group | www.PhoenixHomeResource.com

No change Strong upward trend Strong downward t

Slight upward trend Slight downward tr

+ ==

=

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Condos - Townhomes

27.0

Percent Relisted (reset DOM)

1335

2.0

0 %

Median Number of Bathrooms

203

Median List Price

Average Days on Market (DOM)

$ 172

Percent Flip (price increased)

Median House Size (sq ft)

$ 225,000

28 %

2.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

n/a

Percent of Properties with Price Decrease

Buyer's Advantage

+

ttom/Fourth

Lower/Third

pper/Second

Top/First

This Week

Supply and Demand

Real-Time Market Profile Tren

Price

Price T

Market Action Index

The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.

QuartilesCharacteristics per Quartile

90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff

90-Day Rolling Average7-Day Rolling Average