Scottsdale Real Estate 85251 Market Trends
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Scottsdale Real Estate 85251[/caption]85251 is a densely populated, urban zip code in Scottsdale, Arizona. The population is primarily white, and mostly single. Housing prices here (average $138,200) are fairly typical for the Phoenix-Mesa-Scottsdale metro area.
The median age here is 37.7. There are 18,231 men and 19,659 women. The median age for men is 34.9 while for women the median age is 41.1.
85251 Zip code is located in the Mountain time zone.
Scottsdale Real Estate 85251 Price Trends - Sold vs. Listed
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Scottsdale Real Estate 85251 Price Trends - Sold vs. Listed[/caption]The median list price in November for single family homes in Scottsdale was$357,450. The list prices increased by 8.35% from the previous month.
The price per square foot for listings in this area is $239.
The median sale price in August for single family homes was $178,500. The sale prices dropped by -21.01%from the previous month.
Market Inventory Trends
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Scottsdale Real Estate 85251 Market Inventory Trends[/caption]The number of active listings in Scottsdale dropped by 2% from the previous month.
The median number of days active properties have been listed is 36. This is significantly shorter than the national average.
The number of sales in August dropped by 73% from the previous month.
Property Ownership
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Scottsdale Real Estate 85251 Property Ownership[/caption]The percent of owner occupied properties in Scottsdale is 19.62%below the national average.
The percent of rental properties in Scottsdale is 16.72% above the national average which is typical for urban areas.
Statistics for Single Family Homes and Condos 85251
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Scottsdale Real Estate Statistics for Single Family Homes and Condos 85251[/caption]Interested for a house that you can call your home. We, the Luxury Valley Homes team are expert in the Scottsdale real estate 85251 market trends. You may email or call us at 480-595-6412 for more information.
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