Today’s question, courtesy of a Twitter follower, is: The quick answer is $365,500. That’s looking at just the past month’s data for all of Scottsdale. The longer answer is that it varies greatly by the part of Scottsdale that you are looking at: In the south part of the city, in zip codes 85257, 85251, and [...]
From the monthly archives:
April 2011
Someone at the gym asked me how the Scottsdale real estate market was doing. My response, “Sales are up, inventory is down, prices are down, but it can’t stay that way for long.” And, really it can’t. I had an appointment to write a contract a couple nights ago. They buyers had decided what they [...]
Overall, the condo market has been extremely slow over the past couple of years. FHA financing dried up, so buyers had to have cash, either the full price or a minimum of 20% down. Finally, there seems to be a bit of a change which is good news for sellers. And may indicate that it’s [...]
From the Scottsdale Police Department: The Scottsdale Police Department presents… Document Shredding & Drug Collection for Disposal Event Scottsdale Rd/Grayhawk (Near Basha’s) Saturday, April 16, 2011 8:00am—11:00am Event to benefit Scottsdale Explorers Shredding: Don’t be a potential victim of Identity Theft. Bring personal documents to be shredded on site! (Suggested donation of $2 per [...]
With all the dramatic changes in property values over the past five years, I thought it might be helpful to get a feel for current home prices in Scottsdale, plus show where the homes are located. Today’s search shows where the million dollar homes are located in Scottsdale. The search looks at all types of [...]
Scottsdale’s most affordable homes are found in the southern section of the city. 85257 is the southern most zip code in Scottsdale. It’s located just north of Tempe, with easy access to ASU, the airport, downtown Scottsdale, and downtown Phoenix. The area saw a big run-up of single family homes for sale in late 2007, [...]
There are all kinds of statistics that you can look at to get a handle on the Scottsdale real estate market. One of the ways is to look at month’s supply of houses. ”Months Supply” estimates how long will it take to sell the homes that are currently for sale, based on the rate of recent sales. Typically, [...]

