The average sold or selling price in May 2018 for residential homes in Scottsdale (detached, townhomes, patio homes and condos combined) was $590K. This average sold price increased from $534K from the previous year or a 10.5% increase. Of the sales 61% were single family detached homes with the rest being primarily townhomes, patio homes and condos.
Average price/sf in the 10 Scottsdale zip codes ranged from $219/sf to $307/sf (see the following chart).
Scottsdale Home Prices By Zip Code
Scottsdale Home Sales By Category and Average Selling Prices
Prices of homes sold continue an upward trend in Scottsdale as home prices in Scottsdale are expected to continue this year. Selling prices in 2018 are consistently above where they were in 2017. If you are considering buying a home in Scottsdale, finding the right home at the right price, by using a solid real estate agent who understands the local market is a must. Finding that right home in a market with rising prices takes expertise to find the appropriate home that will be a sound investment as well as being a wonderful place to live for your family.
If you are interested in Scottsdale AZ Homes For Sale be aware that current inventory for homes on the market has declined from last year. You can find information on the homes that are for sale by clicking on the link or seeing homes for sale below. The lower inventory indicates that homes are sitting on the market for a shorter time. A declining inventory in Scottsdale is a reason that prices are on the rise.
Find Homes for Sale in Scottsdale AZ
Visit my website to search for homes in Scottsdale or to be notified when Scottsdale homes come on the market.
To find out what you home is worth in the current market email me or call 480-242-6500.
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