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.
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.
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.
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.
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.
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.