Scottsdale Real Estate 85259 Market Trends
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Scottsdale Real Estate 85259[/caption]85259 is an affluent (median household income: $86,744) upscale rural zip code in Scottsdale, Arizona. The population of the Scottsdale real estate 85259 is primarily white, and mostly married couples. At $342,300 the average home value here is a bit higher than average for the Phoenix-Mesa-Scottsdale metro area, so this probably isn't the place to look for housing bargains.
The median age here is 38. There are 13,067 men and 13,520 women. The median age for men is 37.9 while for women the median age is 38.1.
85259 Zip code is located in the Mountain time zone.
Scottsdale Real Estate 85259 Price Trends - Sold vs Listed
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Scottsdale Real Estate 85259 Price Trends - Sold vs. Listed[/caption]The median list price in November for single family homes in Scottsdale is$799,000. The list prices dropped by-6.49% from the previous month.
The price per square foot for listings in this area is $236.
The median sale price in August for single family homes is $572,500. The sale prices increased by 23.65%from the previous month.
Market Inventory Trends
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Scottsdale Real Estate 85259 Market Inventory Trends[/caption]The number of active listings in Scottsdale increased by 24.2% from the previous month.
The median number of days active properties have been listed is 42. This is significantly shorter than the national average.
The number of sales in August dropped by 74.5% from the previous month.
Property Ownership
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Scottsdale Real Estate 85259 Property Ownership[/caption]This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Statistics for Single Family Homes and Condos
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Scottsdale Real Estate Statistics for Single Family Homes and Condos 85259[/caption]Looking to find some gorgeous estates in the Valley? Visit the Luxury Valley Homes for more information or call us at 480 595 6412 with your real estate questions.
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