What is happening in South Scottsdale this week?

Week Ending 10/10/18
85257 85251 85250
Median List Price $389,500 $479,000 $499,999
Price/Foot (Active) $236.00 $261.00 $257.00
Average Days on Market 55 71 77
% of Properties with Price Decrease 64% 52% 60%
% Price Increase (Flip) 1% 4% 4%
% Relisted 3% 7% 6%
Inventory 75 101 53
Median House Rent $1,798 $2,750 $1,595
Most Expensive $749,000 $5,900,000 $3,199,000
Least Expensive $290,000 $229,900 $339,900
Market Action Index** 47 36 42
** NOTE: The Market Action Index measures the current rate of sale versus the amount of inventory. An Index above 30 implies a Seller’s Market and below favors Buyers.