Scottsdale Real Estate 85257 Market Trends
Scottsdale real estate 85257 is a densely populated, urban zip code in Scottsdale, Arizona. The population is primarily white, and about evenly divided between singles and married couples. Housing prices here (average $124,500) are fairly typical for the Phoenix-Mesa-Scottsdale metro area.
The median age here is 38.6. There are 13,725 men and 14,302 women. The median age for men is 36.5 while for women the median age is 41.3.
85257 Zip code is located in the Mountain time zone.
Scottsdale Real Estate Price Trends vs. Listed
The median list price in November for single family homes in Scottsdale is$226,950. The list prices increased by 2.02% from the previous month.
The price per square foot for listings in this area is $138.
The median sale price in August forsingle family homes is $173,500. The sale prices dropped by -4.14% from the previous month.
Market Inventory Trend
The number of active listings in Scottsdale increased by 11.5% from the previous month.
The median number of days active properties have been listed is 44. This is significantly shorter than the national average.
The number of sales in August dropped by 51.2% 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 85257
This article Scottsdale Real Estate 85257 is brought to you by Luxury Valley Homes team.
Should you need any additional information about the area, or assistance with your Scottsdale real estate needs, please feel free to email or call us at (480)595-6412.