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/16 | 6 Month Sold | 6 Month Supply | 12 Month Sold | 12 Month Supply | |
---|---|---|---|---|---|---|
<750 | 81 | 98 | 4.5 | 225 | 4 | |
750k-1m | 76 | 110 | 3.9 | 260 | 3.3 | |
1 m-1.5m | 120 | 148 | 4.1 | 351 | 3.6 | |
1.5m-2m | 121 | 136 | 4.2 | 282 | 4.3 | |
2 m-2.5m | 94 | 66 | 6.5 | 156 | 6 | |
2.5-3m | 86 | 45 | 7.6 | 116 | 6.8 | |
3 m-4m | 84 | 70 | 4.7 | 142 | 5.2 | |
4 m-5m | 60 | 30 | 9 | 65 | 9.1 | |
5 m+ | 114 | 36 | 12.8 | 69 | 15.1 |
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. |
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. |