Absorption Rate – Month Supply
North Scottsdale By Price Range
Based on past sales and current supply, indicates the average number of months a property usually stays on the market.
- Indicator of ‘Supply & Demand’.
- Difference between 12 Month Supply & 6 Month Supply indicates the trend. If the trend is down the inventory is down and/or buyer demand is up.
- Fewer Active homes on the market favors the Sellers.
Consult a Realtor who lives and works in the area. Contact The Luckys
| NS Area | Active Jan/21 | 6 Month Sold | 6 Month Supply | 12 Month Sold | 12 Month Supply | |
|---|---|---|---|---|---|---|
| <750 | 93 | 99 | 4.8 | 225 | 4.4 | |
| 750k-1m | 81 | 110 | 3.9 | 260 | 3.4 | |
| 1 m-1.5m | 126 | 153 | 4.1 | 351 | 3.8 | |
| 1.5m-2m | 129 | 136 | 4.3 | 282 | 4.4 | |
| 2 m-2.5m | 97 | 68 | 6.9 | 156 | 6.4 | |
| 2.5-3m | 86 | 46 | 7.2 | 116 | 6.6 | |
| 3 m-4m | 85 | 72 | 4.7 | 142 | 5.2 | |
| 4 m-5m | 61 | 31 | 8.5 | 65 | 9 | |
| 5 m+ | 114 | 38 | 12.6 | 69 | 15.4 | |
Clickable North Scottsdale Map
| Green indicated more sales in the most recent 6 month than the prior 6 month period. | Red indicates fewer sales in the past 6 month period than the proceeding 6 months. |
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Based on information from the Arizona Regional Multiple Listing Service (ARMLS) for the past twelve (12) months (since January 2024)). All information should be verified by the recipient. |
