Home sales dropped again, but prices rose a bit in the Scottsdale real estate market during January. The number of homes sold was down 12% from December and down 21% from last January. This marks seven out of the last eight months of declining home sales in Scottsdale. The average sale price increased 3% from December and is up 5% from January 2018. The 12 month moving average sale price is up 9% from a year ago, now standing at $583,650. The number of homes on the market is 2,710, 9% more than December, but 2% less than January 2018. The days on market remains at 91, 21% less than last year, and the burn rate (homes pending/home sold) is at 4.08 months, now leaning toward a buyer's market. There are currently 881 homes under contract, 15% less
Come by my open house at this great Sun City West homeSaturday, Feb. 2, 10am-1pm13642 W. Stardust Blvd2 bedroom, 2 bathroom, 2,139 Sq. Ft., on a cul de sacOriginally posted at: https://activerain.com/blogsview/5327889/open-house--2-bedroom--2-bath-home-in-sun-city-west--az
For those unfamiliar with Pickleball it is the fastest growing sport in the U.S. It's basically miniaturized tennis and can be played in both singles and doubles format like tennis. Instead of a racket Pickleballers use paddles and the ball is a multi-holed plastic "Whiffle Ball". Surprise, AZ is considered the "Pickleball Capital of the World" now. It is a sport that is attractive to all age levels and capabilities.
Go to the official Pickleball site for more information.
Originally posted at: https://activerain.com/blogsview/5324222/the-anthem-pickleball-courts-are-here-
Kind of a mixed bag in the Anthem Country Club real estate market during December. The total number of homes sold in the Country Club was up 27% versus November and up 46% from December 2017, breaking a 3 month skid. The average sale price increased by 2% from November, but was down 6% from December 2017. The price per square foot also rose 4% from November and was up 3% year over year. But more importantly for the fourth month in a row the 12 month moving average slipped, now at $430,256, down .5% from November and up 4% from December 2017. The days on market decreased 27% from November, but was up 18% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.53 month’s supply, a slight buyer's market. There are