Scottsdale, AZ Market Update for October 2007

Here are the latest real estate market statistics for Scottsdale, AZ area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 43.9%*

Average	September 2007	October 2007	% Change
Asking Price	$629,512	$734,266	16.6%
Sales Price	$593,357	$675,841	13.9%
% of Asking Price	94%	92%	-2.0%
$/SQFT	$260	$278	6.9%
Days on Market	125	143	14.4%
Total Transactions	301	344	14.3%

Search for homes in Scottsdale, AZ and read a neighborhood overview of the Scottsdale, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 11/13/2007: 6,791 properties on the market with 2,984 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.