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May real estate stats - Scottsdale 85254

By
Real Estate Agent with MavRealty

May 2013 saw a total of 113 home sales in the 85254 Zip code of Scottsdale.  As of this writing there are  158 active listings and 178 under contract within 85254, so the inventory levels are at 1.4 months worth of supply based on the May 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 May sales: 113
Average Price Per foot: $175.09
Sale price as a percentage of list price: 99%
Average sale price: $403,805
Average Days on market: 67

This breaks down by type as follows:

Single Family Detached Homes
Sale: 98
Average Price Per foot: $167.20
Sale price as a percentage of list price: 99%
Average sale price: $408,978
Average Days on market: 63

Condos and Townhomes:
Total sales :15
Average Price Per foot: $226.61
Sale price as a percentage of list price: 98%
Average sale price: $315,267
Average Days on market: 93

Prices for all properties ranged from $75K for a 1/1 condo to $1.55M for a for a 4/6, 6360 sq.ft. single family home.

Adam Tarr PC
Citywide Real Estate
480-236-7374

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