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January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Scottsdale, Arizona

Reported by Ron Wilczek, REALTOR, ePRO, ABR

Updated January 8, 2009.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 1



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2
3
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5
Falling

Rising

SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: JANUARY 2009 in Scottsdale - 20+ months of sales data below will help you understand the market. For more information on how Foreclosures specifically affect these numbers, copy and paste this URL into a new web browser:

http://www.valleywidehomes.com/Foreclosure_Report/page_2041187.html

For comprehensive insight into "current foreclosures for sale" and the foreclosure process -- short sales, Trustees Sales, and REO's -- copy and paste this URL into a new browser:

http://www.ForeclosureExpert.info

ANOTHER NOTE: Scottsdale has a considerable supple of condos that are not included in this report. Contact me for details on the condo market in this city.

Scottsdale SOLD single family residences, patio homes, and townhomes under $1,500,000 and over 1,000 sq ft.

JANUARY '09 - 3,662 Homes for sale

DECEMBER '08 - 3,940 Homes for sale; 271 sold (6.9%); 14.5 months inventory
avg. 2,575 sf - price $475,648- on market 163 days - price per-sq ft $185

NOVEMBER '08 - 5,785 Homes for sale; 202 sold (3.5%); 28.6 months inventory
avg. 2,464 sf - price $443,233- on market 150 days - price per-sq ft $180

OCTOBER '08 - 3,696 Homes for sale; 268 sold (7.3%); 13.8 months inventory
avg. 2,384 sf - price $468,209- on market 136 days - price per-sq ft $196

SEPTEMBER '08 - 3,717 Homes for sale; 269 sold (7.2%); 13.8 months inventory
avg. 2,364 sf - price $472,751- on market 131 days - price per-sq ft $200

AUGUST '08 - 3,747 Homes for sale; 299 sold (8.0%); 12.5 months inventory
avg. 2,410 sf - price $478,847- on market 146 days - price per-sq ft $199

JULY '08 - 3,813 Homes for sale; 354 sold (9.3%); 10.8 months inventory
avg. 2,399 sf - price $500,414- on market 154 days - price per-sq ft $209

JUNE '08 - 3,877 Homes for sale; 360 sold (9.3%); 10.8 months inventory
avg. 2,417 sf - price $524,879- on market 159 days - price per-sq ft $217

MAY '08 - 4,083 Homes for sale; 350 sold (8.6%); 11.7 months inventory
avg. 2,347 sf - price $515,254- on market 147 days - price per-sq ft $220

APRIL '08 - 4,135 Homes for sale; 322 sold (7.8%); 12.8 months inventory
avg. 2,402 sf - price $526,698- on market 149 days - price per-sq ft $219

MARCH '08 - 4,061 Homes for sale; 295 sold (7.3%); 13.8 months inventory
avg. 2,380 sf - price $547,583- on market 164 days - price per-sq ft $230

FEBRUARY '08 - 4,023 Homes for sale; 265 sold (6.6%); 15.2 months inventory
avg. 2,348 sf - price $547,626- on market 138 days - price per-sq ft $233

JANUARY '08 - 3,638 Homes for sale; 255 sold (6.2%); 16.2 months inventory
avg. 2,499 sf - price $592,995- on market 164 days - price per-sq ft $237

DECEMBER '07 - 3,877 Homes for sale; 235 sold (6.1%); 16.5 months inventory
avg. 2,333 sf - price $556,282- on market 153 days - price per-sq ft $238

NOVEMBER '07 - 3,861 Homes for sale; 238 sold (6.2%); 16.2 months inventory
avg. 2,347 sf - price $570,404 - on market 130 days - price per-sq ft $243

OCTOBER '07 - 3,651 Homes for sale; 266 sold (7.3%); 13.7 months inventory
avg. 2,433 sf - price $575,413 - on market 115 days - price per-sq ft $237

SEPTEMBER '07 - 3,526 Homes for sale; 213 sold (6.0%); 16.6 months inventory
avg. 2,342 sf - price $569,740 - on market 129 days - price per-sq ft $243

AUGUST '07 - 3,400 Homes for sale; 306 sold (9.0%); 11.1 months inventory
avg. 2,347 sf - price $601,776 - on market 127 days - price per-sq ft $256

JULY '07 - 3,422 Homes for sale; 355 sold (10.4%); 9.6 months inventory
avg. 2,376 sf - price $587,893 - on market 112 days - price per-sq ft $247

JUNE '07 - 3,429 Homes for sale; 431 sold (12.6%); 8.0 months inventory
avg. 2,370 sf - price $604,486 - on market 112 days - price per-sq ft $255

MAY '07 - 3,381 Homes for sale; 483 sold (14.3%); 7.0 months inventory
avg. 2,355 sf - price $605,047 - on market 114 days - price per-sq ft $257

APRIL '07 - 3,341 Homes for sale; 434 sold (13.0%); 7.7 months inventory
avg. 2,242 sf - price $572,912 - on market 111 days - price per-sq ft $256

MARCH '07 - 3,166 Homes for sale; 446 sold (14.1%); 7.1 months inventory
avg. 2,410 sf - price $621,152 - on market 121 days - price per-sq ft $258

ASK ME HOW TO GET THE BEST DEAL ON A HOME IN THIS MARKET!

For more information visit my website at:

ValleyWideHomes.com

Also visit the official city website at:

http://www.ci.scottsdale.az.us/


ZIP Codes: 85250, 85251, 85253, 85254, 85255, 85256, 85257, 85258, 85259, 85260, 85262, 85263, 85264, 85266, 85268

Location Characteristics: What type of lifestyle do you prefer? Whatever the answer, you can find it here. The Scottsdale housing market offers enormous variety, so buyers have unlimited choices regarding where and how they want to live. "The West's Most Western Town" also offers a large variety of horse properties, and there are a number of planned communities that offer very consistent properties and values. The City also has a wide selection in terms of price ranges, from affordable family homes in the mid $200,000's to multi-million dollar resort properties. Population: 254,900. Area: 184.2 square miles, stretching 31 miles north to south.

Notably, Scottsdale's reputation for quality keeps home values high. In addition, Scottsdale neighborhoods offer unbeatable extras. Typical master-planned communities include bike paths, activity centers, heated community pools and parks, as well as elementary schools, citizens centers and libraries. In these tight knit communities, neighborhood activities abound, ranging from wine and cheese fundraisers, craft activities, parents' clubs and scrap booking to tennis and singles clubs.

The business mix that already exists here includes:

• Corporate Headquarter and Regional Offices
• High Tech and Bio-Technology
• Healthcare and Medical
• Research and Development
• Business and Professional Services

When it comes to golf, Scottsdales definitely got game. Recently named "America's Best Place to Live for Golf" by the Robb Report, Scottsdale, Arizona is home to nearly 200 area courses. Simply put, the combined quality and quantity of the area's daily fee golf clubs and courses makes Scottsdale a "must-visit" destination for the serious golfer. And, if you're here in January, be sure to take in some thrilling pro tournament action at The Phoenix Open, home to The Bird's Nest, the wildest party stop on the PGA tour.


For More Information:

View Market Conditions of other areas served by Ron Wilczek

Navigate: Top > Arizona > Scottsdale

About Ron Wilczek:
Ron has been representing clients since 1999 in resale, new home construction, investment, and multi-family housing. His clients have given exceptional praise to his skills and numerous referrals from family and friends. Ron brings the ePRO (Certified Internet Professional) and ABR (Accredited Buyers Representative) designations to your service. He has attained a Bachelors Degree from the University of Phoenix in Business Administration.

Trust your family's assets to someone who has YOUR best interests in mind at every moment. Ron will promise you:

* Respect and patience
* Listening to what you say and focus on your needs
* A marketing plan with quick action and results
* Knowledge and professionalism
* A sense of urgency for your needs with immediate attention and quick follow-up
* Great negotiation skills
* Honest communication
* An enjoyable experience, even...fun!

THAT'S WHAT RON DELIVERS! And he will deliver it with personal attention and superior service. You will always be able to reach Ron when it's important! He will be your personal guide during this exciting time in your life. CALL RON TODAY AND PUT HIM TO WORK FOR YOU!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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