Housing Market Report for Scottsdale, 85255

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

This Scottsdale 85255 zip code includes mountain views, trail heads for hiking, golf courses, and gorgeous homes.  This is also where my RE/MAX Excalibur office is located so I'm there frequently.  Located just north of the Scottsdale Road and the Loop 101 that circles the Phoenix Metro Area providing easy access to be anywhere very quickly.  

Housing Market Update for Scottsdale, 85255

Median sales prices for this zip code are $611,110

12 month change shows a 2.1% gain in home values

Median list price is $851,500

Days on market are 94, which is down by 3.1%

Condos and single family homes start at $134,000 all the way up to $19,950,000.  

Housing Market Report for Scottsdale 85255 Dec 2016

Inventory of homes for sale in Scottsdale, 85255 is up slightly.  December 2015 ended with 546 homes for sale while December 2016 shows 607 homes for sale.  

 

Sales per month Scottsdale 85255 December 2016

This zip code is home to many second homeowners in Scottsdale, 85255.  The inventory fluctuates in similar patterns as other zip codes in Scottsdale.  Sales rose dramatically in November and December, probably post election.  

Months supply of homes 85255 December 2016

Currently, there is a 7 month supply of homes in Scottsdale, 85255.  HIgher price ranges are providing slower sales as list vs sale price can be a wide gap.  As you can see, the months supply of homes rises along with the price ranges. And homes between $600,000 - $800,000 have a 7.4 months supply. 

Price Range January 1 2017

If you're looking to buy or sell a home in Scottsdale, give me a call.  Every buyer receives a complimentary Energy Audit to learn every facet of the home you're buying. 

 

 

 

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HomeSmart Elite Group                                  

8388 E Hartford Dr., Suite 100

Scottsdale, AZ 85255                                                         

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Comments (2)

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I was in graph heaven and data nirvana with your Scottsdale market report. Thank you Jan Green 

Jan 15, 2017 08:37 PM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Thank you Paul S. Henderson, REALTOR®, Broker, Tacoma Washington !  The subsciption I have is loaded with graphs and sometimes I struggle as to which ones to use!  Thanks for your comments and have a great day!

Jan 16, 2017 05:41 AM