Thursday, November 5, 2015

October Real Estate Stats for 85254- Scottsdale, AZ

October 2015 saw a total of 74 home sales in the 85254 Zip code of Scottsdale. As of this writing there are 274 active listings and 96 under contract within 85254, so the inventory levels are at 3.7 months worth of supply based on the October sales. 85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix. Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland Resort, CrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more. 85254 has long been called the "magic zip code" in the real estate business for it's desirability. For more information on the area as well as available homes, please call me at 480-236-7374. Total October sales: 74 Average Price Per foot: $182.49 Sale price as a percentage of list price: 96% Average sale price: $413,761 Average Days on market: 93 This breaks down by type as follows: Single Family Detached Homes Sales: 63 Average Price Per foot: $178.29 Sale price as a percentage of list price: 96% Average sale price: $440,715 Average Days on market: 95 Condos and Townhomes: Total sales :11 Average Price Per foot: $206.52 Sale price as a percentage of list price: 96% Average sale price: $259,389 Average Days on market: 80 Prices for all properties ranged from $108,000 for a 1/1, 753 sq. ft. condo to $960K for a 2/2, 1664 sq.ft. luxury condo at Kierland Plaza Lofts. Adam Tarr PC Citywide Real Estate 480-236-7374

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