8/2/2019 05 07 12 Exec Summary [Sf] Az Scottsdale

1/1

9 165672

1563.0 17

3.0

39

201

4.0 464

109

22

36

1.0 - 2.5acres

28

$ 529,950

46

8

464

5.0

5.0 - 10acres

294.0

1996 20+ acres

463

$ 302,000

4.0

283

5.0 - 10acres$ 884,000

4.0$ 1,995,000

14

62

3890

This week saw relatively little price change from last week.However, prices continue demonstrate a nice up trend in geover the last several weeks.

In terms of supply and demand, the market is getting cooler - moresupply is coming on the market relative to the sales demand.

However, in recent weeks prices have been moving higher. Since it istechnically a Buyer's market, this price trend may be a result ofimproved quality (newer, larger homes) of the homes being listed.Look at the descriptive statistics where you may notice the homesbeing listed are larger and younger than they have been in the past.

Inventory is tightening and days-on-market is falling. But demandas measured by the Market Action Index is also trending down. Themarket is not giving strong up or down signals from these data.

SCOTTSDALE, AZKelli Grant RealtyGroup Market ReportExecutive Summary

463

2834

2.0

Monday May 7, 2012

The median list price in SCOTTSDALE, AZ this week is $699,000.

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 Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.

Kelli Grant Group | www.PhoenixHomeResource.com

No change Strong upward trend Strong downward t

Slight upward trend Slight downward tr

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Single Family Homes

Median Lot Size

19.9

Percent Relisted (reset DOM)

3391

3.0

4 %

Median Number of Bathrooms

187

Median List Price

Average Days on Market (DOM)

$ 211

Percent Flip (price increased)

5.0 - 10 acres

Median House Size (sq ft)

$ 699,000

34 %

4.0

Market Action Index

Median Number of Bedrooms

Asking Price Per Square Foot

n/a

Percent of Properties with Price Decrease

Strong Buyer's

==

==

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

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

7-Day Rolling Average 90-Day Rolling Average