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 Mrkt | Change | Price/sq ft | Change | ||||
| Anthem | |||||||
| 6-Sep | 49 | 40.0% | 283 | -0.4% | Two Week Change | ||
| 23-Aug | 35 | 0.0% | 284 | -3.1% | (normally 1 week) | ||
| 16-Aug | 35 | 25.0% | 293 | 3.9% | |||
| 9-Aug | 28 | 33.3% | 282 | 1.1% | |||
| 2-Aug | 21 | 50.0% | 279 | 1.1% | |||
| 26-Jul | 14 | -44.0% | 276 | -5.8% | |||
| 19-Jul | 25 | 19.0% | 293 | 3.9% | |||
| 12-Jul | 21 | 50.0% | 282 | 2.5% | |||
| 5-Jul | 14 | 0.0% | 275 | ||||
| 28-Jun | 14 | na | |||||
| Cave Creek | |||||||
| 6-Sep | 21 | 50.0% | 322 | 0.0% | Two Week Change | ||
| 23-Aug | 14 | -33.3% | 322 | -1.8% | (normally 1 week) | ||
| 16-Aug | 21 | -25.0% | 328 | 0.3% | |||
| 9-Aug | 28 | -33.3% | 327 | -4.4% | |||
| 2-Aug | 42 | 20.0% | 342 | -2.0% | |||
| 26-Jul | 35 | -37.5% | 349 | 0.0% | |||
| 19-Jul | 56 | 14.3% | 349 | -0.6% | |||
| 12-Jul | 49 | 40.0% | 351 | 7.7% | |||
| 5-Jul | 35 | 0.0% | 326 | ||||
| 28-Jun | 35 | na | |||||
| Carefree | |||||||
| 6-Sep | 105 | 10.5% | 464 | 8.2% | Two Week Change | ||
| 23-Aug | 95 | 13.1% | 429 | -3.2% | (normally 1 week) | ||
| 16-Aug | 84 | 3.7% | 443 | -1.1% | |||
| 9-Aug | 81 | 5.2% | 448 | -3.2% | |||
| 2-Aug | 77 | 14.9% | 463 | 7.9% | |||
| 26-Jul | 67 | 26.4% | 429 | 0.0% | |||
| 19-Jul | 53 | 8.2% | 429 | 0.9% | |||
| 12-Jul | 49 | 6.5% | 425 | 1.7% | |||
| 5-Jul | 46 | 418 | |||||
| 28-Jun | na | na | |||||
| Phoenix | |||||||
| 6-Sep | 21 | 50.0% | 272 | 0.7% | Two Week Change | ||
| 23-Aug | 14 | 0.0% | 270 | -0.7% | (normally 1 week) | ||
| 16-Aug | 14 | 0.0% | 272 | 1.9% | |||
| 9-Aug | 14 | 0.0% | 267 | -0.4% | |||
| 2-Aug | 14 | 0.0% | 268 | -0.7% | |||
| 26-Jul | 14 | 0.0% | 270 | 1.1% | |||
| 19-Jul | 14 | 0.0% | 267 | -0.7% | |||
| 12-Jul | 14 | 0.0% | 269 | 0.0% | |||
| 5-Jul | 14 | 0.0% | 269 | ||||
| 28-Jun | 14 | na | |||||
| Scottsdale | |||||||
| 6-Sep | 35 | 25.0% | 409 | 2.8% | Two Week Change | ||
| 23-Aug | 28 | 0.0% | 398 | -1.7% | (normally 1 week) | ||
| 16-Aug | 28 | 0.0% | 405 | -0.2% | |||
| 9-Aug | 28 | 0.0% | 406 | 1.0% | |||
| 2-Aug | 28 | 0.0% | 402 | -2.4% | |||
| 26-Jul | 28 | 0.0% | 412 | 2.5% | |||
| 19-Jul | 28 | 0.0% | 402 | 0.0% | |||
| 12-Jul | 28 | -20.0% | 402 | 1.0% | |||
| 5-Jul | 35 | 0.0% | 398 | ||||
| 28-Jun | 35 | na | |||||
Arizona Direct Operations – and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors and omissions.