August 2016 saw a total of 107 home sales in the 85254 Zip code of Scottsdale. As of this writing there are 232 active listings and 126 under contract within 85254, so the inventory levels are at 2.17 months worth of supply based on the August sales. 85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix. Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland Resort, CrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more. 85254 has long been called the "magic zip code" in the real estate business for it's desirability. For more information on the area as well as available homes, please call me at 480-236-7374.
Total August sales: 107
Average Price Per foot: $190.55
Sale price as a percentage of list price: 97%
Average sale price: $427,900
Average Days on market: 78
This breaks down by type as follows:
Single Family Detached Homes
Sales: 94
Average Price Per foot: $190.26
Sale price as a percentage of list price: 97%
Average sale price: $446,801
Average Days on market: 78
Condos and Townhomes:
Total sales :13
Average Price Per foot: $192.62
Sale price as a percentage of list price: 96%
Average sale price: $291,231
Average Days on market: 83
Prices for all properties ranged from $95,000 for a 1/1, 544 sq. ft. condo to $1.03M for a 5/4, 4523 sq.ft. custom single family detached home (short sale).
Adam Tarr PC
Citywide Real Estate
480-236-7374
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