Scottsdale Real Estate 85250 Market Trends

[caption id="attachment_6434" align="alignright" width="300"] Scottsdale Real Estate 85250[/caption]

85250 is a suburban zip code in Scottsdale, Arizona. The population is primarily white, older, and about evenly divided between singles and married couples. Scottsdale real estate 85250 housing prices  (average $152,400) are fairly typical for the Phoenix-Mesa-Scottsdale metro area.

The median age here is 45.1. There are 7,749 men and 8,979 women. The median age for men is 42.4 while for women the median age is 47.8.

85250 Zip code is located in the Mountain time zone.

Scottsdale Real Estate Price Trends - Sold vs. Listed

[caption id="attachment_6433" align="alignleft" width="570"] Scottsdale Real Estate 85250 Price Trends - Sold vs. Listed[/caption]

The median list price in November for single family homes in Scottsdale was$369,000. The list prices dropped by-35.54% from the previous month.

The price per square foot for listings in this area is $190.

The median sale price in August for single family homes was $255,000. The sale prices increased by 4.61%from the previous month.

Market Inventory Trends

[caption id="attachment_6435" align="alignleft" width="570"] Scottsdale Real Estate 85250 Market Inventory Trends[/caption]

The number of active listings in Scottsdale increased by 10% from the previous month.

The median number of days active properties have been listed is 26. This is significantly shorter than the national average.

The number of sales in August dropped by 78.1% from the previous month.

Property Ownership

[caption id="attachment_6436" align="alignleft" width="570"] Scottsdale Real Estate 85250 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

[caption id="attachment_6437" align="alignleft" width="570"] Scottsdale Real Estate Statistics for Single Family Homes and Condos 85250[/caption]

This article is brought to you by the Luxury Valley Homes team. Email or call us  at 480-595-6412 for more information about the Scottsdale real estate 85250.

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Scottsdale Real Estate 85250 Market Trends