What is happening in South Scottsdale this week?

Week Ending 10/10/18
852578525185250
Median List Price$389,500$479,000$499,999
Price/Foot (Active)$236.00$261.00$257.00
Average Days on Market557177
% of Properties with Price Decrease64%52%60%
% Price Increase (Flip)1%4%4%
% Relisted3%7%6%
Inventory7510153
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**473642
** 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.