By Dennis Carr
The Scottsdale Home Sales Report for October 2019 is now available. Looking back on October, there was a total of (721) listings sold equating to a +21% increase in Sold Listings compared to October of 2018 (594). However, when looking at year-to-date total # of sales compared to 2018 (7471), sales decreased slightly by -1.2% in 2019 to a total of 7385. The year-to-date average sales price jumped up to $608,183, a 4.56 % increase from $581,634. The average sales price month-to-month comparison was virtually unchanged at $594,022. An interesting observation is that homes sales on homes priced between $500,000 to $750,000 increased 51% October 2019 compared to October of 2018. Stay tuned for the next Scottsdale Home Sales Report and contact Realtor® Dennis Carr if you are considering buying or selling a home in Arizona.
Median Sales price for October 2019 was $485,000 compared to $465,000 in October of 2018 representing a 4.3% increase. Year-to-date median sale price for October 2019 was $480,000 compared to $453,500 in October of 2018 representing a 5.84% increase.