Prices in the Central Scottsdale area (Indian Bend Road north to Shea), have been interesting to watch over the past year.  While the number of homes sold has dropped off significantly in the recent months, part of that change is due to the cyclical nature of sales in the area.  Prices in central Scottsdale have remained strong, and at this point, do not give any indication of dropping off.  At the same time, when pricing a home for re-sale, it's important to look at more specifically at the surrounding neighborhoods to determine the trends for your particular area, as well as to gauge your motivation to sell and your patience with the selling process.  

Central Scottsdale Home Price Chart Sept 2007
(Click on graph for greater detail.)

  

September Home Sale Specifics

The twenty-five single family homes sold in Central Scottsdale during September ranged in price from $419,900 to $1,500,000.  Homes currently on the market in this central area have a wide price range which currently extends from $260,000 to $6,000,000.

Single Family HomesPriceBedroomsBathsSquare Ft
     Low$419,000322100
     High$1,500,00032.53200

Seven town / patio homes sold central Scottsdale during September also.  Sales prices ranged from $225,900 to $595,000.   Prices for patio and town homes for sale, as of today, in this same area, range from $165,900 to $1.7M.

Town & Patio HomesPriceBedroomsBathsSquare Ft
     Low$225,00022950
     High$595,00032.52900

The ten condos sold ranged in price from $145,000 to $370,000. Condos currently on the market range from 147,500 to $659,000.

CondosPriceBedroomsBathsSquare Ft
     Low$145,00011755
     High$370,000221500

Visual Comparison of Home Type Price Ranges

Central Scottsdale Home Price Ranges 
(Click on graph for greater detail.)

For additional detail, you can click on either chart above, or contact me directly.

 

 

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Dru Bloomfield | Scottsdale AZ Real Estate

Scottsdale, AZ

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John Hall & Associates

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