Scottsdale 85259 House Sales Report 20% Rise

As of October 2015, 85259 saw a total of 487 property sales year to date. The average sales price of $608,441 showed a decrease of 6.5% from the average closed price of $650,893 from the same time period one year ago. The total amount of sold residential listings in 85259 posted a 19.7% gain compared to the same time period a year ago, which showed 407 home sales, a year-over-year increase of 80 sales. At 110 residential property sales year to date, the 550,000-749,999 price category recorded one of the highest numbers of completed transactions.

House Listings Post 3% Decrease. 85259 showed 950 actively listed for sale homes in 2015 through the end of October, and the 550,000-749,999 price range showed one of the highest numbers of homes for sale at 193 listings. The total active residential listings inventory in 85259 experienced a 3.3% drop from the same reporting period a year ago, which saw 982 for sale homes, a year-over-year net decrease of 32 units. The year-to-date average active listed price recorded a gain of .3% compared to the same time range during 2014, rising to $784,535. Home listings appear to be taking less days to sell this year on average. Compared to the same period last year, the cumulative days on market (CDOM) for actively listed properties in 85259 was 100 days, a decline of 11.5%.

Sam Lawmaster is a 85259 real estate agent specializing in residential listings. Info provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most recent local real estate information or to obtain a free evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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