85250 Scottsdale real estate notebook

Scottsdale 85250 New MLS Listings - List

Scottsdale 85250 New MLS Listings - Map

Scottsdale 85250 New MLS Listings - Snapshots

Scottsdale 85250 Boundary Map

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Homes Sold in Scottsdale, Arizona 85250


February 5 to 11 - Closings

Sq.
Feet
$per
SqFt
Rm/
Bath
Yr
Blt
Sale
Price*
Address
Click to see map
 1,293   136   5/2   63   $176,000   8232 E Sage Dr
 1,002   129   4/2   75   $129,000   c 7430 E Chaparral Rd Unit A246
 1,230   149   6/2   94   $183,000   c 7575 E Indian Bend Rd Apt 2011
 1,075   128   5/2   94   $138,010   c 7575 E Indian Bend Rd Apt 2052
 1,075   143   5/2   94   $154,000   c 7575 E Indian Bend Rd Apt 2102
 1,093   156   5/2   04   $170,000   c 7609 E Indian Bend Rd Unit 3008
 1,704   56   7/2   69   $94,900   c 8212 E Chaparral Rd
 1,365   154   6/1   69   $210,650   c 5172 N 83rd St
A "c" before an address means it's a condo, townhouse or patio home.
* Click on the sale price to see County Assessor data.
About the data.

 

85250 Scottsdale, Arizona - Home Sale Charts

About the home sale charts. I personally create these monthly charts using official Maricopa County home sales data. Please contact me if you see any errors.

Be aware that the fewer the number of sales, the more erratic the median prices will be from month to month.

Individual homes sold last month


85250 individual homes sold

85250 median home sales price

Long-term monthly trends


85250 homes sold

85250 median home sales price

85250 median home sales price per square foot

85250 Scottsdale, Arizona - Home Listing Charts

About the MLS listing charts. I buy the charts below from Altos Research. They create the charts using data gathered from Realtor.com and not directly from official MLS data which is not available for this purpose. The two datasets, however, should be similar. Altos Research does not guarantee the accuracy of their charts.

85250 Median List Price

85250 median list home priceSingle family detached. Rolling 30-day average. This is list price, not sold price.

85250 Median List Price Per Square Foot

85250 median list home priceSingle family detached. Rolling 30-day average. This is based on list price, not sold price.

85250 Inventory of Homes Listed for Sale

85250 inventory of homes listed for saleSingle family detached. Rolling 30-day average


85250 Average Days on Market of Listed Homes

85250 average days on market of listed homesSingle family detached. Rolling 30-day average. This is listed homes, not sold homes.

{ 5 comments… read them below or add one }

1

DOM 01.24.08 at 12:05 pm

Your service is invaluable. You have consolidated pertinent information for a large mass of users including, potential homebuyers, investors, homebuilders, construction industry trade, suppliers and service providers, lending institutions and local governments, all who need to assess where the market was, where it is today, and where it’s going tomorrow.

2

John Wake - Real Estate 01.24.08 at 1:29 pm

Thanks! I really appreciate your comment.

3

Michael Mallett 02.27.08 at 12:37 pm

Hi John

You may recall our brief correspondance in the fall regarding real estate in arizona. My wife and I were mildly interested in purchasing either a condo or a house for investment purposes. Is this a good idea right now? Our interests have been re-kindled and I was hoping (if it was not too much trouble) you could prepare us another list of possibilities. Our price range is around 90,000 to 150,000 in scottsdale or queen creek (or anything else you might suggest).

Mike

4

DOM 02.29.08 at 12:26 pm

I see that sellers are starting to face reality and drop prices a bit. Still a long way to go. Homeowners either aren’t motivated to move properties or are simply refusing to accept the reality of a market glutten with supply still listed at peak period levels. In looking at comparable markets, (Florida, California, Nevada) prices have come down 15% to 25% but Arizona home prices are at or near 2005/2006 levels. Doesn’t make any sense. Does anyone have any insight on this phenomenon?

5

John Wake - Real Estate 02.29.08 at 1:26 pm

DOM,

One source says that home prices in metro Phoenix have fallen 15 percent since last year. If you check out some other zip codes, especially those on the outskirts, you’ll see many areas with large median price declines.

Prices, however, haven’t fallen much in Scottsdale.

Price may indeed fall in Scottsdale. You can see that the number of homes sold per month is far less than in 2002 or 2003.

I think we’ll see downward pressure on prices until the number of sales increases to the 2003 ballpark.

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