Market Trends and Community Information
Real estate 85377 and real estate 85266 are from 2 different cities, yet close to each other. Real estate 85377 is in Carefree, Arizona while real estate 85266 is in Scottsdale, Arizona. Because of its proximity, oftentimes, home buyers – first time home buyers and those that are not from Arizona get confused as to what city to chose and which one is best to live in and to raise a family.
We’re here to compare real estate 85377 and 85266 market trends and community information to help in you in your decision-making process.
Carefree Real Estate 85377
Carefree real estate 85377 is located at 33°49′38″N 111°55′25″W . It is bordered by the city of Scottsdale to the south and the town of Cave Creek to the west. Carefree and Cave Creek are often thought of as a single community.
There were 1,389 households out of which 14.3% had children under the age of 18 living with them, 66.5% were married couples living together, 3.2% had a female householder with no husband present, and 28.3% were non-families. 23.3% of all households were made up of individuals and 10.7% had someone living alone who was 65 years of age or older. The average household size was 2.11 and the average family size was 2.44.
Scottsdale Real Estate 85266
Scottsdale real estate 85266 is located close to the center of Arizona. It comprises an area that is north of the 85255 zip code, but is south and west of 85262. Like the other North Scottsdale zip codes, 85266 is located at a higher elevation and therefore some homes enjoy lovely city light and valley views. There is a lot of natural desert land that has been preserved, so residents get to enjoy the undeveloped vistas. 85266 zip code is part of Maricopa County and has 17.13 square miles of land area and 0.00 square miles of water area. As of 2010, the total 85266 zip code population is 11,406.
On average, the public school district that covers 85266 zip code is much better than the state average in quality.
Property Ownership Real Estate 85377 and 85266
Price Trends – Sold vs. Listed – Real estate 85377 and 85266
Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).
By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
Home Values in Real Estate 85377 and 85266
According to Zillow.com, real estate 85377 tends to be less expensive for home buyers than 85266. During the last year, 85377 home values have risen by 17.4%, while 85266 home values have risen by 6.2%. The median sale price in 85377 is $612,900, but the median listing price was $610,000, a 0.5% increase. Meanwhile in 85266, the median selling price is $598,100, and the starting price had a median of $700,000, a 14.6% discount. In June, 85377 home sellers managed to move 15 houses, while 85266 saw 34 transactions.
Market Inventory Trends – Real Estate 85377 and 85266
Review the inventory and health of the market by looking at the number of sold and listed properties.
To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer’s market. If inventory is shrinking, then it could be a seller’s market.
Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer’s market.
- Sold: Properties sold that month
- New: Listings that are new on the market
- Distressed: Listings that are short sales, bank owned, or up for auction.
- Standard: Non-distressed listings
Real Estate 85377 and 85622 School Summary
If you need a more extensive information about real estate 85377 and 85622, you can check with the locals or you may ask for an assistance from the experts. Whether you are looking for a single family home or a condo unit, we have current listings available for you. Call us at 480-595-6412 or email and we, the Luxury Valley Homes team are ready to answer all your questions and help you in finding a perfect home and neighborhood for you.