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January 2020 Scottsdale AZ Housing Market Update

📈 January 2020 Scottsdale AZ Real Estate Housing Market Trends Report, Statistics and House Value

Here are January 2020 Scottsdale AZ housing market trends report for single family detached home and statistics. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Scottsdale AZ provided by the FlexMLS system.

January 2020 Scottsdale AZ Real Estate Housing Market Update Highlight:
  • January 2020 new listings had decreased about 27.5% from a year ago
  • January 2020 Average Sold Price for Single Family Home in Scottsdale is $856,810 and had increased about 15.8% from January 2019
  • Median Sold Price in January 2020 is $655,000, which had increased 9.2% from a year ago
  • Almost all of single family home sold in Scottsdale in January 2020 are regular sales.
  • Scottsdale most expansive home sold in January 2020 was sold for $5,400,000

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January 2020 Scottsdale AZ Housing Closed Sales Report Analysis

We saw about 2.5% increased in the number of Single Family Homes sold in January 2020 compared to a year ago. The statistics show that we had 328 residential single family homes sold in January 2020 in Scottsdale AZ compared to 320 in January 2019.

In January 2020, we saw 90 days on Market (DOM), compare to 102 a year ago. It took average 90 days to get your Scottsdale single home sold in January 2020.

January 2020 Scottsdale Median Sold Price for Single Family Homes

January 2020 median sold price for single family home was $655,000. Compare to a year ago, January 2019 median sold price was $600,000. The median sold price for single family home in Scottsdale has increased about 9.2% from a year ago.

January 2020 Scottsdale Median Sold Price was $655,000
Click here to view Homes for Sale in Scottsdale AZ Under $650,000

Scottsdale AZ January 2020 Average Sold Price Analysis

January 2020 Average Sold Price for single family homes in Scottsdale AZ is $856,810. Compare to last year January average sold price $740,085, the average sold price has appreciate about 15.8% from a year ago.

There are 61 million dollars homes sold in Scottsdale in January 2020.

January 2020 Scottsdale Average Sold Price was $856,510
Click here to view Homes for Sale in Scottsdale AZ Under $850,000

January 2020 Scottsdale AZ Average Sold Price Per Square Feet

The average sold price per square feet in January 2020 in Scottsdale is $271 per square feet.

January 2020 Average Price Per Square Feet was $271
Click here to view Homes for Sale Under $250 Per Square Feet Scottsdale AZ

Based on statistics on both of Median Sold Price and Average Sold Price, Buyers are paying more for a Single Family Homes in Scottsdale AZ compare to a year ago.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

Wondering how much house you can afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.


Selling Your Home in Scottsdale AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Scottsdale AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Home in Scottsdale is Worth Today?

New Listing in Last 24 hour Scottsdale AZ

Homes for Sale Scottsdale AZ
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
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Just Reduced Price HomesRecently Sold Homes

Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.If you are looking to buy or sell your home in Scottsdale AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.

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Summary
Article Name
January 2020 Scottsdale AZ Housing Market Update
Description
January 2020 Scottsdale AZ Housing Market Update, Statistics and House Value. Average Sold Price for Single Family Home in Scottsdale is $856,810 and had increased about 15.8% from January 2019.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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