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 | 63 | 120 | 2.5 | 240 | 2.8 | |
750k-1m | 78 | 116 | 3.2 | 237 | 3.5 | |
1 m-1.5m | 115 | 183 | 2.9 | 336 | 3.6 | |
1.5m-2m | 107 | 137 | 3.5 | 238 | 4.5 | |
2 m-2.5m | 80 | 64 | 5.2 | 115 | 6.7 | |
2.5-3m | 68 | 59 | 4.4 | 97 | 6.2 | |
3 m-4m | 78 | 77 | 4.8 | 121 | 6.6 | |
4 m-5m | 54 | 36 | 6.8 | 64 | 8.5 | |
5 m+ | 103 | 24 | 12.4 | 44 | 17.7 |
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 April 2023)). All information should be verified by the recipient. |