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85254

Home sales bottomed out in March of this year and have increased since then peaking in July. The magical 85254 zip code real estate market dropped back in July registering 66 sales, compared with 104 from one year ago. The median priced sale in July was $378,000, down from the same month last year.

Currently                   Last Year

Active Listings:         281                 vs        186

Pending Listings:     45                   vs        44

Sales Per Month:     66                   vs        104

Sales Per Year:         719                 vs        966

Median Price:           $378k            vs        $391k

 

85255

The median sales price in the very popular 85255 Zip Code for August 2014 was $633,000. This is an 8% drop over August of last year and a 1% drop from last month. Sales took an 8% drop from 91 sales last August 2013 to 74 last month – a 19% decrease.

Currently                   Last Year

Active Listings:         509                 vs        371

Pending Listings:     57                   vs        73

Sales Per Month:     74                   vs        91

Sales Per Year:         896                 vs        1045

Median Price:           $633k            vs        $685k

 

85258

Including The Ranches of McCormick, Scottsdale, and Gainey, listings are up 31% over last year, while the median price is showing an 11% gain over August 2014.

Currently                   Last Year

Active Listings:         146                 vs        111

Pending Listings:     18                   vs        23

Sales Per Month:     38                   vs        36

Sales Per Year:         379                 vs        413

Median Price:           $520k            vs        $480k

 

85259

Well, if we had an East Scottsdale, it would include the 85259 Zip which extends from 104th Street to Fountain Hills and has a portion of Scottsdale Ranch, south of Shea. These communities, mostly developed in the late 80’s and 90’s are very popular with year-rounders as well as snowbirds. The median price is up 12% from this time last year. Current listings are up 46% from last year – no supply problem here!

Currently       vs        Last Year

Active Listings:         230                 vs        157

Pending Listings:     33                   vs        39

Sales Per Month:     38                   vs        43

Sales Per Year:         425                 vs        501

Median Price:           $595k            vs        $530k

 

85260

Perhaps North Scottsdale’s most central and (next to 85254) it’s most affordable zip code. The median price is pretty much mirroring August of last year, while sales were exactly the same from last year at 48 for the month.

Currently       vs        Last Year

Active Listings:         215                 vs        145

Pending Listings:     33                   vs        37

Sales Per Month:     48                   vs        48

Sales Per Year:         481                 vs        579

Median Price:           $423k            vs        $430k

 

85262

North Scottsdale’s most expensive and one of its nicest community’s, the median price is up slightly from last year. Pending listings are down slightly.

Currently       vs        Last Year

Active Listings:         352                 vs        308

Pending Listings:     35                   vs        40

Sales Per Month:     32                   vs        42

Sales Per Year:         420                 vs        467

Median Price:           $740k            vs        $735k

 

85266

These very popular and upscale communities which are the North of North Scottsdale, and which is home to the newest zip code being added to Scottsdale, has seen appreciation of almost 20% from one year ago. Pending sales and August sales are down slightly from one year ago.

Currently       vs        Last Year

Active Listings:         150                 vs        121

Pending Listings:     18                   vs        20

Sales Per Month:     21                   vs        25

Sales Per Year:         268                 vs        374

Median Price:           $735k            vs        $620k

 

85253

(Paradise Valley): The Valley’s most upscale, prestigious, and expensive town currently has 301 homes for sales compared to 258 one year ago. Closed and Pending sales in Paradise Valley are off slightly from one year ago.

The median sales price is currently $1,235,000 — virtually unchanged from one year ago.

Currently       vs        Last Year

Active Listings:         301                 vs        258

Pending Listings:     19                   vs        24

Sales Per Month:     22                   vs        30

Sales Per Year:         352                 vs        386

Median Price:           $1.235k         vs        $1.270k

 

85268

(Fountain Hills): Scottsdale’s most immediate eastern neighbor is accurately named for its mountain slopes and town fountain. For those wanting a small town feel, it doesn’t get much better than here.

Currently       vs        Last Year

Active Listings:         236                 vs        193

Pending Listings:     21                   vs        27

Sales Per Month:     32                   vs        43

Sales Per Year:         450                 vs        531

Median Price:           $369k            vs        $375k

 

85331

(Town of Cave Creek): Cave Creek has done a great job of standing strong in value. The median sales price of $424,000 for August is up 13% from 2013 and pending sales are about the same as last year too.

Currently       vs        Last Year

Active Listings:         292                 vs        243

Pending Listings:     58                   vs        59

Sales Per Month:     56                   vs        61

Sales Per Year:         609                 vs        697

Median Price:           $424k            vs        $375k

 

85377

(Carefree) The delightful and small town of Carefree is almost too small to accurately compare year to year stats. Having stated that, sales are way down from August 2013 at 60 – this compared to 115 one year ago. The median sales price brings one word to mind: BARGAIN!

Currently       vs        Last Year

Active Listings:         74                   vs        63

Pending Listings:     4                      vs        4

Sales Per Month:     5                      vs        7

Sales Per Year:         69                   vs        115

Median Price:           $537k            vs        $850k

 

85086

(Anthem – North Phoenix) These communities remind me of North Scottsdale back in the mid 90’s – newer homes with beautiful mountain views in an unspoiled northern environment. These communities are the bargains of the valley. Prices are so affordable and only a 30 minute drive time to Sky Harbor Airport. Prices are unchanged from one year ago, with sales being down 26%.

Currently       vs        Last Year

Active Listings:         376                 vs        281

Pending Listings:     66                   vs        101

Sales Per Month:     96                   vs        122

Sales Per Year:         936                 vs        1273

Median Price:           $275k            vs        $275k

 

*With thanks to Michael Orr and the Cromford Report for the Statistics used.