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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   4 10 2 18 2.4
Boulders   33 64 2.5 100 3.4
DC Ranch   36 71 2.6 122 3.2
Desert Foothills   31 32 4.5 58 5.6
Desert Highlands   19 29 3.1 50 3.9
Desert Mountain   87 86 4.9 164 5.6
Dynamite Foothills   22 21 5.5 31 7.8
Estancia   10 7 6 10 9.2
Grayhawk   57 96 3 205 3.1
Legend Trail   11 19 2.9 37 3.2
McDowell Mtn   25 92 1.4 154 1.8
Mirabel Club   9 20 2.7 24 4.5
Pinnacle Peak   66 124 2.6 217 3.2
Silverleaf   40 40 3.3 58 5.3
Sincuidados   8 7 6.9 12 8
Terravita   13 38 1.8 61 2.4
Troon North   67 77 4.1 136 5.1
Troon Village   48 48 5.1 86 6.1
Whisper Rock   7 17 1.8 22 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.

Based on information from the Arizona Regional Multiple Listing Service (ARMLS) for the past twelve (12) months (since June 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