Scottsdale Luxury Home Report For Sep. 2019

September 23, 2019

Scottsdale Luxury Home Sales

Each month we report on the luxury home market in Scottsdale, Arizona. We try to provide perspective on how this market is changing on a month to month basis. This is the September 2019 issue, which covers data through the end of August 2019.  The entire Scottsdale Luxury Home Report can be read below.

Single Family Residences

Here is a summary of this month’s data:

  • The Scottsdale luxury home single-family market is a Buyer’s Market with a 10% Sales Ratio.
  • Homes sold for a median of 95.81% of list price in August 2019.
  • The most active price band is $950,000-$999,999, where the sales ratio is 35%.
  • The median luxury sales price for single-family homes has decreased to $1,275,000.
  • The median days on market for August 2019 was 101 days, up from 85 in July 2019

Condos and Townhomes

Here is a summary of this month’s data:

  • The Scottsdale luxury condo and townhome market is a Balanced Market with a 16% Sales Ratio.
  • Homes sold for a median of 98.25% of list price in August 2019.
  • The most active price band is $600,000-$624,999, where the sales ratio is 67%.
  • The median luxury sales price for attached homes has decreased to $607,500.
  • The median days on market for August 2019 was 69 days, up from 58 in July 2019.

You can sign up like to receive the full report in your in box each month, along with our North Scottsdale Luxury Home weekly update, which reports on Scottsdale Luxury Home sales and new listings each week. You can also read the award-winning North Scottsdale Luxury Report which we publish several times each year.

Homes for Sale in Scottsdale

As one of Scottsdale’s leading boutique real estate firms, we can help you find the perfect Scottsdale luxury home for you and your family or help you sell your current home.  If you would like to speak to us about helping you, please don’t hesitate to call us at 602-603-0708.

We have many beautiful homes listed in Scottsdale.  This past week, we listed Villa Serena, (pictured below) a four-bedroom, five-and-a-half- bathroom home in the Rosewood Home community of Sierra Highlands. 

If you would like to see the current homes we have listed, visit our listing page.

Villa Serena a Scottsdale Luxury Home