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 | 50 | 145 | 1.8 | 246 | 2.3 | |
| 750k-1m | 38 | 161 | 1.3 | 272 | 1.6 | |
| 1 m-1.5m | 62 | 213 | 1.6 | 359 | 1.9 | |
| 1.5m-2m | 56 | 129 | 2.2 | 208 | 2.9 | |
| 2 m-2.5m | 39 | 66 | 3.1 | 103 | 4.1 | |
| 2.5-3m | 46 | 61 | 3.6 | 96 | 5 | |
| 3 m-4m | 57 | 66 | 3.7 | 100 | 5.4 | |
| 4 m-5m | 32 | 39 | 4 | 56 | 5.9 | |
| 5 m+ | 47 | 27 | 7.2 | 43 | 10.3 | |
| 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 September 2022)). All information should be verified by the recipient. |
