North Phoenix Real Estate Stats – September 6 – 2021

Market Update – Week of September 6th

The number of single family detached homes has continued to rise slightly with following numbers available as of the 6th:

Total Valley Wide:           6,780 vs. 6,515 two weeks ago

Under $1 million:             5,775 vs. 5,521 two weeks ago

Under $500k:                    3,347 vs. 3,175 two weeks ago

However, buyer demand is still very strong with good homes continuing to go under contract quickly.

According to my friends at First American Title, the median home sold last week was on the market for the following: (note: some areas can have greater fluctuation each week due to a low volume of transactions)

  • Area – Median Days on Market
  • Anthem – 49 days – price per foot = $283
  • Cave Creek – 21 days – price per foot = $322
  • Carefree – 105 days – price per foot = $464
  • Phoenix – 21 days  – price per foot = $272
  • Scottsdale – 35 days – price per foot = $409
Residential Real Estate Market Stats by Area
Median Dys on MrktChangePrice/sq ftChange
Anthem
6-Sep4940.0%283-0.4%Two Week Change
23-Aug350.0%284-3.1%(normally 1 week)
16-Aug3525.0%2933.9%
9-Aug2833.3%2821.1%
2-Aug2150.0%2791.1% 
26-Jul14-44.0%276-5.8%
19-Jul2519.0%2933.9%
12-Jul2150.0%2822.5%
5-Jul140.0%275
28-Jun14na
Cave Creek
6-Sep2150.0%3220.0%Two Week Change
23-Aug14-33.3%322-1.8%(normally 1 week)
16-Aug21-25.0%3280.3%
9-Aug28-33.3%327-4.4%
2-Aug4220.0%342-2.0%
26-Jul35-37.5%3490.0%
19-Jul5614.3%349-0.6%
12-Jul4940.0%3517.7%
5-Jul350.0%326
28-Jun35na
Carefree
6-Sep10510.5%4648.2%Two Week Change
23-Aug9513.1%429-3.2%(normally 1 week)
16-Aug843.7%443-1.1%
9-Aug815.2%448-3.2%
2-Aug7714.9%4637.9%
26-Jul6726.4%4290.0%
19-Jul538.2%4290.9%
12-Jul496.5%4251.7%
5-Jul46418
28-Junnana
Phoenix
6-Sep2150.0%2720.7%Two Week Change
23-Aug140.0%270-0.7%(normally 1 week)
16-Aug140.0%2721.9%
9-Aug140.0%267-0.4%
2-Aug140.0%268-0.7%
26-Jul140.0%2701.1%
19-Jul140.0%267-0.7%
12-Jul140.0%2690.0%
5-Jul140.0%269
28-Jun14na
Scottsdale
6-Sep3525.0%4092.8%Two Week Change
23-Aug280.0%398-1.7%(normally 1 week)
16-Aug280.0%405-0.2%
9-Aug280.0%4061.0%
2-Aug280.0%402-2.4%
26-Jul280.0%4122.5%
19-Jul280.0%4020.0%
12-Jul28-20.0%4021.0%
5-Jul350.0%398
28-Jun35na