Housing Report for 85251

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Real Estate Agent with Value Added Service, 602-620-2699 SA5376460000

This report focuses on 85251, which runs from Thomas  north to Chaparral Roads and from approximately 90th Street to Pima Road.   This section of Scottsdale, Arizona includes Scottsdale Fashion Square Mall and the trendy condos nearby, but also very affordable homes.  

 

Currently, prices in this zip code range from $85,000 to $4.995 million in 85251.  There is truly something for everyone.  The city of Scottsdale buildings are in this area, as well as Old Town Scottsdale restaurant and shops. It's very common for visitors to ask me to find them homes in this area.  

 

This area is also home to "Ollie the Trolley."  This fixture in Scottsdale has several routes and is free to the public!   

 

The monthly median sales price for 85251 is $246,000 as of August, 2016.   The lowest price in this zip code during the housing recession was $88,000.  Steady growth with many fluctuates permeats this area.  Due to the very high priced condos and high rises the market has bounced around a bit.

 

Monthly Median Price for 85251

There were 87 sales in August, 2016 versus  in August, 2015.   The lowest priced sale in 85251 was $80,000 and the highest priced sales is $1,900,000, a much higher range in price versus 85257, which is at the farthest south end of Scottsdale bounded by Tempe. 

Housing Report for 85251 - Annual Sales Rate

There is currently a 3 month supply of inventory in 85251.  There is currently 2.3 months of supply in the entire Phoenix Metro area.  Inventory typically drops and will pick up in the fall months.  

Housing Market for 85251 - Months Supply

If you are looking to buy or sell a home in Scottsdale, give me a call!  

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HomeSmart Elite Group                                  

8388 E Hartford Dr., Suite 100

Scottsdale, AZ 85255                                                         

(602) 620-2699   DIRECT

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