Scottsdale Real Estate 85254 Trends and Listings
This week, Scottsdale Real estate 85254 trends and listings is a bit intriguing. 85254 is an affluent (median household income: $73,758) suburban zip code in Scottsdale, Arizona. The population is primarily white, and mostly married couples. At $213,100 the average home value here is a bit higher than average for the Phoenix-Mesa-Scottsdale metro area, so this probably isn’t the place to look for housing bargains.
The median age here is 38.4. There are 24,430 men and 25,474 women. The median age for men is 37.8 while for women the median age is 38.8.
85254 Zip code is located in the Mountain time zone.
Scottsdale Real Estate 85254 Price Trends – Sold vs. Listed
The median list price in November for single family homes in Scottsdale was $399,500. The list prices dropped by-2.53% from the previous month.
The price per square foot for listings in this area is $160.
The median sale price in August forsingle family homes was $290,000. The sale prices dropped by -10.9%from the previous month.
Market Inventory Trends
The number of active listings in Scottsdale increased by 5.4% from the previous month.
The median number of days active properties have been listed is 40. This is significantly shorter than the national average.
The number of sales in August dropped by 83.8% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Statistics for Single Family Homes and Condos 85254
Whether you are a first time home buyer or thinking about relocating to Scottsdale Arizona, we can surely help you with your real estate needs. The Luxury Valley Homes team can be a part of your wonderful experience and adventures in ensuring that you are getting the best home possible for you and your family.
Interested in the current listings in anywhere in Scottsdale real estate ? Click here to view.
You may also contact us through email or give us a call at 480-595-6412.