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 | 59 | 143 | 2.4 | 233 | 3 | |
750k-1m | 58 | 177 | 1.9 | 248 | 2.7 | |
1 m-1.5m | 75 | 233 | 1.9 | 375 | 2.3 | |
1.5m-2m | 90 | 174 | 2.9 | 256 | 4.1 | |
2 m-2.5m | 64 | 102 | 3.3 | 142 | 5 | |
2.5-3m | 49 | 78 | 3.1 | 112 | 4.6 | |
3 m-4m | 54 | 93 | 3.1 | 136 | 4.4 | |
4 m-5m | 42 | 42 | 5.7 | 60 | 8.1 | |
5 m+ | 66 | 47 | 6.8 | 57 | 11.6 |
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 July 2023)). All information should be verified by the recipient. |