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85260 Housing Market Report

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

The Scottsdale zip code of 85260 is in mid-Scottsdale and includes the Scottsdale Airport!  The Scottsdale Airport has no commercial flights, but does offer private and corporate jet services.  A complete video of the airport and HUGE benefit to our city is shown below.  

 

This zip code is located on the east side of Scottsdale Road to Thompson Peak Road and from Cactus Road to the south and Bell Road to the north.  The largest employment center in Scottsdale is located in this zip code.  The Scottsdale Airpark that surrounds the Scottsdale Airport employs thousands of residents.  Tourism is supported in this zip code thanks to the airport and surrounding businesses.

 

There are 299 homes for sale in this zip code ranging in price from $128,750 to $3.895 million.  August is traditionally a month when housing inventories start to rise.  Listings rise in the winter and drop in the summer and 85260 is no exception.  

85260 Housing Market Report Activ Listings

Price per square foot has bounced around quite a bit in the last 3 years.  Part of this is the over $1 million market that affect this zip code.  If you compare prices now versus the bottom of the market in 2011, the area has recovered very well, mirroring the Phoenix Metro area. 

85260 Housing Market Report Under Contract

 

Monthly Median sales price have doubled since the housing recession and is only shy a few dollars from reaching the top Median Sales Price as existed when the housing market peaked before the recession.

85260 Housing Market Report Median Price

 

The health of the housing market has returned to normal levels for foreclosures.  Short sales in this zip code are 3% of sales to date.  Foreclosures are 1.5% of all sales in this zip code.  

85260 Housing Market Report Sales to date

The enhancements seen at the Scottsdale Airport with noise abatement enhancements, new buildings, new airport center and a Customs office which allows visitors arriving on private jets to enter from other countries and use this airport customs office versus being directed to Sky Harbor Airport in Phoenix.   

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Comments (2)

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thanks for a helpful local market report on your area.

Oct 09, 2016 04:04 PM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Thank you for reading and commenting Michelle Carr-Crowe-Selling Silicon Valley Homes in Top Schools San Jose, Cupertino, Saratoga, Palo Alto-Just Call 408-252-8900 !

Oct 15, 2016 12:55 AM