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Market Report for Scottsdale, 85254
This mid-Scottsdale zip code has a lot to offer with new retail, new condo high rises, golf courses, and is just west of the Scottsdale airport. This zip code is directly west of the Scottsdale Air Park, which is the largest employment center in Scottsdale. The Air Park has seen a healthy increase in new office development and has east access to the 51 or Loop 101 freeway that loops most of the Phoenix Metro area.
Another positive for this zip code is that it earns a Scottsdale address, thanks to the post office. This zip code is serviced by the City of Phoenix and also has access to Paradise Valley schools, which has earned this zip code the title, "The Magic Zip Code!"
Current listings in 85254 range from $290,000 to $2.759 million. Homes range in size from just over 1200 square feet to over 5800 sq feet.
Heavy concentrations of second homeowners make up many of the purchases this time of year as "snow birds" arrive for the winter months. After renting for a few years, buyers begin to start thinking seriously about buying homes and condos and many eventually live here year round thanks to attractions ... more
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