Scottsdale home prices continue to increase. While monthly averages have fluctuated over the past year, ranging between $170 and $210 per square foot, the overall trend in definitely positive. Looking at the annual average, this more tempered measurement shows an average price of $165/SF one year ago, with a steady increase to $190/SF this month.
Comparing April 2013 average sale price per square foot with April 2012, Scottsdale home prices have appreciated 13.7%. An extremely healthy improvement.
And getting back into the $200/SF price point puts the Scottsdale housing market back into home price ranges that haven’t been seen since 2005.
If you have any questions about the Scottsdale real estate market, please let me know.