At Home In Scottsdale | Your Guide to Scottsdale Real Estate

Jay Butler at Arizona Stat University published his updated real estate report, covering the Phoenix metropolitan area, yesterday. 

Greater Phoenix resale numbers up for April, median prices down

But, the bottom line for Scottsdale is that the number of homes sold and median sales price is down. Per the report:

The Scottsdale resale home market declined from 400 to 330 recorded sales, with the median sales price also decreasing from last year’s $557,500 to $506,500. The median resale home price is $563,000 ($605,000 in March) in North Scottsdale and $266,500 ($260,000 in February) in South Scottsdale. The townhouse/condominium sector in Scottsdale decreased from 300 to 205 sales, while the median sales price decreased from last year’s $264,450 to $262,500.