Scottsdale Real Estate Home Prices for April 2014

Scottsdale Real Estate Home Prices for April 2014

Scottsdale Real Estate Home Prices for April 2014

Real estate market data for Scottsdale, AZ 85254, provided by Jane E. Daley of Scottsdale Real Estate.

Scottsdale AZ Home Prices 85254

The graph below explains the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers were willing to pay). By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Scottsdale Real Estate Home Prices for April 2014

 

We have made home prices in Scottsdale 85254 area available so you can see what is currently available on the market today.

Market Inventory Trends

Scottsdale Real Estate Home Prices for April 2014

The number of active listings in Phoenix (85054) dropped by 5.2% from the previous month.

The median number of days active properties have been listed is 59. This is significantly shorter than the national average. The median listing price is $382,830.  Median household income in 85054 is $67,388 with 257 households earning between $35,000 to $40,000 annually.

If you are interested in how much current inventory is on the market in Scottsdale you can find that information by clicking on the link. Low inventory suggest that homes are moving faster than previously. Currently in the area of Scottsdale real estate 85254, homes have a median time of 59 days on the market before they sell. Sellers are placing their home at fair market value and are selling their homes quickly.

Do not expect home prices to run up as fast as they did, the new lending laws will tend slow that process down as the banks  are no longer giving a loan to anyone with a pulse. Having said that, the low inventory is one indicator that prices should continue to rise albeit at a much slower rate than years past. 


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 your home is worth in the current market email us or call 480-595-6412 or if you prefer you can fill in the blanks at Find Your Dream Home and we’ll get started on it right away.

NOTE: Some sales are not immediately available from public records. As they become available, the data are updated.

For an update on 85254 zip code go to the link at Scottsdale Real Estate Home Prices for April 2014

Scottsdale Real Estate Home Prices for April 2014

About the Author:

LVH
Jeff and Jane Daley started their careers in real estate after taking early retirement from the corporate world in October of 1999. Their success is achieved by way of their core values. MILITARY SERVICE: Jeff is a Vietnam combat veteran and served in in the US Army. He served with distinction, and received multiple citations.