$10,000 Closing Credit*
$1,899,000
2,906 SqFt
4 Beds
•4 Baths
Tricia Cormie, Listing Office: Russ Lyon Sotheby's International Realty
Is Northern Scottsdale, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Northern Scottsdale was a Seller's Market.
Key Takeaway
Northern Scottsdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northern Scottsdale, AZ
How much do homes in Northern Scottsdale, AZ cost?
Median Sold Price
$1,450,424
$475/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$160,482(+12.4%)
Key Takeaway
Homes in Northern Scottsdale have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Northern Scottsdale was $1,450,424 in November 2024, up 12.4% from last year, and the median price per square foot was $475.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $320K | -3.0% |
| 2 Bedrooms | $695K | $732K | +5.3% |
| 3 Bedrooms | $1.1M | $1.1M | +7.8% |
| 4 Bedrooms | $1.6M | $1.8M | +10.2% |
| 5+ Bedrooms | $2.4M | $2.4M | +2.1% |
Summary: Northern Scottsdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in Northern Scottsdale, AZ
How many homes are available in Northern Scottsdale, AZ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,019 | 1,055 | +3.5% |
Summary: The Northern Scottsdale real estate market had 1,055 homes for sale in November 2024, a 3.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 103 | 116 | +12.6% |
| 3 Bedrooms | 359 | 354 | -1.4% |
| 4 Bedrooms | 339 | 359 | +5.9% |
| 5+ Bedrooms | 207 | 216 | +4.3% |
Summary: The Northern Scottsdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 117 | -10.0% |
Asking Price vs. Sold Price
87 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northern Scottsdale, you may be able to get a good deal. 74.4% of homes here sold below asking price last month.
Summary: A total of 117 homes were sold or pending in Northern Scottsdale in November 2024, down by 10.0% month-over-month. Of the 117 sold homes, 74% were sold under asking, 20% were sold at asking, and 6% were sold over asking.
Days on Market for Northern Scottsdale, AZ
How long does it take to sell a home in Northern Scottsdale, AZ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 75 Days | +17.1% |
Summary: Homes in Northern Scottsdale had an average of 75 days on market in Nov 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
48 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Northern Scottsdale has remained consistent over time.
Summary: During November 2024, 117 homes were sold in Northern Scottsdale; 31% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.