Arizona Market Update

The Szabo Group | RE/MAX Fine Properties

market summary December 2015

480.688.2020 | www.AZLuxuryHomes.com

The Szabo Group

scottsdale arizona

480.688.2020

Welcome to the New Year! Can you believe it’s 2016? Let’s take a look at how the real estate market faired in December 2015. 

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Comparing December 2014 to December 2015, new listing were up by 4.3% with a total of 631 new listings December 2015 compared to 605 new listings in December 2014.

Closed sales are down 4.5% from over a year ago.

The median sale price is up from $360,00 in December 2014 to $375,000 December 2015.

That is an increase of 4.2%.

The average days on market is 108 days.

During these up and down activity months it is more important than ever to consult a real estate professional that knows the Scottsdale market.

Market Summary | December 2015

The Szabo Group

paradise valley arizona

480.688.2020

Let’s take a look at how the real estate market faired in December 2015 in Paradise Valley. 

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Comparing December 2014 to December 2015, new listing were down by 5.1% with a total of 56 new listings this December 2015 compared to 59 new listings in 2014.

Closed sales were down 19% from over a year ago.

The median sale price is down from $1,039,500 in December 2014 to $1,036,250 December 2015.

That is a 0.3% decrease.

The average days on market is 162 days.

During these up and down activity months it is more important than ever to consult a real estate professional that knows the Paradise Valley market.

Market Summary | December 2015

The Szabo Group | RE/MAX Fine Properties

JOE AND LINDA SZABO JOE:

(480) 688.2020

LINDA:

(480) 688.3344

OFFICE:

(480) 792.9500

FAX:

(480) 355.9444

Joe@AZLuxuryHomes.com Linda@AZLuxuryHomes.com

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21000 N Pima Rd Suite 100 Scottsdale, AZ 85255

market summary December 2015