Scottsdale Zip 85254 Reports 20% Rise in Homes Sold

As of October 2015, 85254 posted 862 residential property sales year to date. The average closed sales price of $419,003 saw a gain of 1.0% above the average closed price of $414,688 from this time range in 2014. When compared to the same time period during 2014, which recorded 720 sold properties, 85254 had a 19.7% advance in overall amount of sold listings, showing a net advance 142 completed transactions. Reporting 271 residential homes sold year to date, the 300,000-399,999 price bracket saw one of the greatest numbers of completed transactions.

Home Listings Post 4% Gain. 85254 recorded a total of 1,520 actively listed properties so far in 2015 through October. The 400,000-499,999 price range reported one of the greatest numbers of residences for sale at 420 listings. Compared to the same time range during 2014, which had 1,462 for sale properties, 85254 experienced a 4% advance in the total amount of active listings, a year-to-year net rise of 58. The average active list price year to date of $489,040 saw a gain of 3.9% over the average price of $470,570 from this time range one year ago. The cumulative days on market for active for sale properties in 85254 was 88 days through October 31, showing a 14.3% increase from the average in comparison to this reporting period one year ago. Properties for sale require more time to sell this year on average.

Information provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. To receive the most current local real estate info or to obtain a free no obligation evaluation of your home, please call 85254 real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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