The June 2011 Scottsdale real estate statistics have just been released. The number of homes for sale in Scottsdale have dropped again. We currently have a Sellers Market in Scottsdale. This is big news for anyone looking to purchase a home in Scottsdale AZ. Gone are the days of tons of homes on the market. Buyers in Scottsdale last year had a huge amount of homes for sale to choose from. Today there are way fewer homes for sale in Scottsdale. Total Active listings have dropped by another 2320 units over the beginning of last month. As of July 6, we sit at 28,887 Actives for Single Family Homes and Condos. Sales are at 10,512 for the last 30 days (as of July 6), which continues to trend up. We are currently sitting at a 2.6 months of supply. If you subtract out the AWC Contracts (which are included in Actives in the Cromford Report), we are at 2.1 months of supply. Traditionally, 3-4 months of supply indicate a balanced market. We are in a Seller’s Market!
If you are considering buying a home in Scottsdale, it is time to act. The longer you wait the less choice you will have and ultimately the higher the price you will pay. Those who wait will surely be disappointed. Call me today and let’s get started. Tell me what you are looking for and I will do a custom search of all homes on the mls that meet your criteria. You will receive an email of all homes that meet your needs then we can schedule a showing of your favorite homes.
As an experienced Scottsdale real estate agent, I am here to help. Put my experience to work for you. I am in the top 2% of Realtors in Arizona for total sales volume. Don’t trust less experienced or part time agents with such a major purchase. Call me directly at 602-791-0536.
Carmen Brodeur JD
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260