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 & 6 Month 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 | 6 Month Sold | 6 Month Supply | 12 Month Sold | 12 Month Supply | |
---|---|---|---|---|---|---|
<750 | 64 | 125 | 2.7 | 236 | 3 | |
750k-1m | 82 | 136 | 3 | 238 | 3.7 | |
1 m-1.5m | 83 | 206 | 2.1 | 358 | 2.5 | |
1.5m-2m | 92 | 159 | 3 | 257 | 3.9 | |
2 m-2.5m | 79 | 86 | 4.4 | 122 | 6.6 | |
2.5-3m | 65 | 72 | 3.9 | 110 | 5.7 | |
3 m-4m | 68 | 73 | 4 | 131 | 5.1 | |
4 m-5m | 44 | 42 | 5.4 | 66 | 7.2 | |
5 m+ | 87 | 34 | 9.5 | 47 | 15.4 |
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. |
Based on information from the Arizona Regional Multiple Listing Service (ARMLS) for the past twelve (12) months (since June 2023)). All information should be verified by the recipient. |