Scottsdale Real Estate 85255 Market Trends

[caption id="attachment_6578" align="alignright" width="300"] Scottsdale Real Estate 85255[/caption]

Scottsdale Real Estate 85255  is an affluent (median household income: $97,675) upscale rural zip code in Scottsdale, Arizona. The population is primarily white, older, and almost entirely married couples.

The median age here is 43. There are 10,518 men and 10,856 women. The median age for men is 42.9 while for women the median age is 43.1.

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Scottsdale Real Estate 85255 Price Trends Sold vs. Listed

[caption id="attachment_6579" align="alignleft" width="570"] Scottsdale Real Estate 85255 Price Trends - Sold vs. Listed[/caption]

The median list price in December for single family homes in Scottsdale is $1,050,000. The list prices increased by 16.79% from the previous month.

The price per square foot for listings in this area is $307.

The median sale price in August for single family homes is $550,000. The sale prices increased by 0.64% from the previous month.

Scottsdale Real Estate 85255 Market Inventory Trends

[caption id="attachment_6580" align="alignleft" width="570"] Scottsdale Real Estate 85255 Market Inventory Trends[/caption]

The number of active listings in Scottsdale increased by 3.3% from the previous month.

The median number of days active properties have been listed is 69. This is significantly shorter than the national average.

The number of sales in August dropped by 77.9% from the previous month.

Property Ownership

[caption id="attachment_6582" align="alignleft" width="570"] Scottsdale Real Estate 85255 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 85255

[caption id="attachment_6583" align="alignleft" width="570"] Scottsdale Real Estate Statistics for Single Family Homes and Condos 85255[/caption]

This article is brought to you by the Luxury Valley Homes team. Should you need any real estate assistance, email or call us at 480-595-6412 and we are more than happy to answer all your real estate needs.

 

Scottsdale Real Estate 85255 Market Trends