A new real estate boom appears to be taking root and spreading across the U.S., but is this really the investment opportunity of a lifetime or are we being set up for another exploding bubble?
It’s a question everyone asks, even Warren Buffett. Investors like Mr. Buffett use tools and information to help them mitigate their investment risk and so should you. In that light we’ll be sharing some financials for your decision making criteria.
Scottsdale Real Estate Market Insider – 85266
The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
For your reference the 85266 area code is part of North Scottsdale real estate and includes the Winfield community.
Call or email anytime to discuss how this information can benefit you!
Price Trends – Sold vs. Listed
The median list price in October for single family homes in Scottsdale is $729,000. The list prices increased by 7.2% from the previous month.
The price per square foot for listings in this area is $241.
The median sale price in August for single family homes is $530,000. The sale prices increased by 21.48% from the previous month.
Market Inventory Trends
The number of active listings in Scottsdale increased by 9.5% from the previous month.
The median number of days active properties have been listed is 79. This is significantly shorter than the national average.
The number of sales in August dropped by 70% from the previous month.
The percent of owner occupied properties in Scottsdale is 12.51% above the national average.
The percent of rental properties in Scottsdale is 14.07% below the national average.
Statistics for Single Family Homes and Condos in Scottsdale, AZ
This latest information available was pulled on Wednesday, October 24, 2012 for Scottsdale real estate 85266 area.