Scottsdale Real Estate 85262 Market Trend
85262 is a sparsely populated, affluent (median household income: $96,067) upscale rural zip code in Scottsdale, Arizona. The population in the Scottsdale real estate 85262 is primarily white,older, and almost entirely married couples.At $411,800 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 54.6. There are 4,589 men and 4,675 women. The median age for men is 55.9 while for women the median age is 53.5.
85262 Zip code is located in the Mountain time zone.
Scottsdale Real Estate 85262 Price Trends – Sold vs. Listed
The median list price in November for single family homes in Scottsdale is$1,250,000. The list prices increased by 4.42% from the previous month.
The price per square foot for listings in this area is $342.
The median sale price in August forsingle family homes is $665,000. The sale prices increased by 34.61%from the previous month.
Market Inventory Trends
The number of active listings in Scottsdale increased by 18.9% from the previous month.
The median number of days active properties have been listed is 86. This is significantly shorter than the national average.
The number of sales in August dropped by 62.5% from the previous month.
Scottsdale has a high % of unoccupied properties. It is 19.15%more than the national average. This can drive sales prices down.
The percent of rental properties in Scottsdale is 16.55% below the national average.
Statistics for Single Family Homes and Condos 85262
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