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 | 83 | 113 | 3.7 | 241 | 3.8 | |
750k-1m | 76 | 104 | 3.6 | 240 | 3.5 | |
1 m-1.5m | 120 | 172 | 3.4 | 352 | 3.7 | |
1.5m-2m | 109 | 118 | 4.4 | 229 | 5 | |
2 m-2.5m | 80 | 55 | 5.5 | 113 | 6.6 | |
2.5-3m | 75 | 39 | 5.8 | 97 | 6.6 | |
3 m-4m | 88 | 59 | 5.6 | 113 | 7.1 | |
4 m-5m | 50 | 31 | 6.7 | 65 | 7.6 | |
5 m+ | 98 | 18 | 15.5 | 43 | 18.7 |
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 March 2023)). All information should be verified by the recipient. |