7/30/2019 Kelli Grant Exec Summary [Sf]_az_scottsdale
1/1
10 135216
1343.0 16
3.0
20
183
4.0 454
102
12
29
1.0 - 2.5acres
31
$ 529,000
70
9
454
5.0
0.25 - 0.50acre
163.0
18256,501 -
8,000 sqft
454
$ 299,000
4.0
259
0.50 - 1.0acre$ 838,765
4.0$ 1,950,000
15
46
3518
Despite this week's down tic, price trends have generally bemoving up lately. Prices are below the market's high point, so watch the Market Action Index as an indicator of how lontrend will last.
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.
With inventory and days-on-market basically unchanged and theMarket Action Index decreasing, the market is not sending strongdirectional signal for the near-term outlook.
SCOTTSDALE, AZKelli Grant RealtyGroup Market ReportExecutive Summary
454
2678
2.0
Monday December 31, 2012
The median list price in SCOTTSDALE, AZ this week is $667,000.
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
18.9
Percent Relisted (reset DOM)
3053
3.0
5 %
Median Number of Bathrooms
169
Median List Price
Average Days on Market (DOM)
$ 220
Percent Flip (price increased)
0.25 - 0.50 acre
Median House Size (sq ft)
$ 667,000
30 %
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
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+
+
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
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