This year has flown by and now it's time for our December 2018 Phoenix metro real estate update. Let's jump right in. There are currently 18046 properties actively listed across Maricopa County--this number is down slightly from the past month where the inventory reached a peak of around 18,500. There are 6612 properties under contract and in the past 30 days there have been 6696 sales. December can be hit or miss in terms of sales activity--we've seen a lot of activity this time of year and we have also seen very little activity. Sales activity always declines right around the holidays,
Oct 2018 Phoenix & Scottsdale Real Estate Market Update
The end of the month is drawing near so it's time for our Oct 2018 Phoenix & Scottsdale real estate market update. Let's jump in. Phoenix Our inventory took a big jump in the past 30 days--nearly 9%. Active properties across the Phoenix metro area number 18076. There are 8630 pending sales and in the past 30 days, there have been 6667 sales. The average days on market (DOM) for the active listings is 99 and the DOM for recent sales is 60 days--these are very close to the figures in September 2018. The average sale price over the past 30 days was $328,156--average square footage was
September 2018 Phoenix & Scottsdale Real Estate Market
The market has been steady despite rising interest rates and a rise in inventory. Let's take a look at our September 2018 Phoenix and Scottsdale Real Estate Market Update. Currently there are 16,596 properties actively listed for sale--this is about 800 more than the inventory available in August. The average days on market for the active listings is 103 and there are currently 10,155 properties under contract. There have been 7548 sales across Maricopa County in the past 30 days and of those sales, the average dollar per square foot was $162. The average days on market for sales that
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