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Absorption Rate – Month Supply

Various North Scottsdale Communities

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

Absorption Rates - Months
NS Area Active 6 Month Sold 6 Month Supply 12 Month Sold 12 Month Supply
Bellasera   6 10 2.8 19 3.3
Boulders   58 32 7.1 79 7.2
DC Ranch   30 45 2.6 115 2.6
Desert Foothills   21 22 4.1 56 3.9
Desert Highlands   18 20 3.4 43 3.9
Desert Mountain   92 60 6.5 162 5.9
Dynamite Foothills   21 17 5.5 21 9.3
Estancia   9 5 7.7 9 9.8
Grayhawk   57 78 3.5 196 3.2
Legend Trail   8 19 2.2 32 2.7
McDowell Mtn   22 56 1.6 135 1.7
Mirabel Club   16 15 5.6 22 8
Pinnacle Peak   80 66 4.8 220 3.8
Silverleaf   35 25 3.6 50 5
Sincuidados   5 7 3.8 14 4
Terravita   14 30 2.2 63 2.4
Troon North   80 48 7.2 137 6.2
Troon Village   44 35 5.6 89 5.2
Whisper Rock   18 4 12 14 11.4

 

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 February 2023)).
ARMLS is where cooperating brokers share listing information. Excluded from the data above are home sales not found in ARMLS and sales by brokers who choose not to market their listing(s) on the internet.

All information should be verified by the recipient.
If you have questions  Contact The Luckys.

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  • Lisa Lucky
    602.320.8415
  • Matt Lucky
    480.390.0445
  • Laura Lucky
    480.390.5044
  • Russ Lyon Sotheby's International Realty
    7669 E Pinnacle Peak Rd Suite 110
    Scottsdale, AZ 85255

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North Scottsdale Real Estate and Luxury Homes