03 12 Exec Summary [Condo] Az Scottsdale 85258
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Transcript of 03 12 Exec Summary [Condo] Az Scottsdale 85258
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8/2/2019 03 12 Exec Summary [Condo] Az Scottsdale 85258
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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
+ ==
=
Powered by Altos Research LLC | www.altosresearch.com | Copyright 2005-2010 Altos Research LLC
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