Do you like water? Lakes? Golf? Mountain views? If so, then this North Scottsdale zip code (85258) is for you.

The 85258-zip code was primarily built around several key and lush massive planned unit developments, with nationally acclaimed McCormick Ranch starting things off in the 1970’s. Lush greenbelts, lakes, lots of foliage, golf, retail shopping and dining, and still close to the popular Downtown (Old Town) this community struck popularity pay dirt. Partially vaulted ceilings, and step-down living rooms were all the rage.

McCormick Ranch is located west of the Loop #101, whereas Scottsdale Ranch is built east of the #101.

Seeing the amazing success with McCormick Ranch, Scottsdale Ranch next appeared on the scene during the 1980’s. Many lakeside developments grew up in Scottsdale. Wide streets and sidewalks became an absolute sporting mecca for walkers, joggers, and cyclists. Combined with McCormick Ranch, these bike/walking paths from Scottsdale Ranch and McCormick Ranch weave all the way down near Tempe, without having to cross a major road. Generous under road tunnels dot the landscape. It’s amazing.

Following the “Ranch” tradition, palatial Gainey Ranch sprung up in the 90’s. Gainey is a first-class resort-like gated community developed west of Hayden Road. Preferred by many elites, especially local professional sports icons, Gainey Ranch tempts with privacy, greenery, lakes, golf, tennis, etc. The Hyatt Regency Scottsdale Resort and Spa is located within Gainey Ranch.

Considering Buying or Selling in North Scottsdale or the Northeast Valley. Give Mike a call at 602.689.3100 or send an email to: [email protected]ttsdale.com.

In short, the Valley’s residential real estate market is in a full course reversal. The terrific 85258 North Scottsdale neighborhood is no exception. As you can see by our recent numbers, active listings, the lack of which, has been our serious market problem for buyers over the last few years is now climbing, having doubled in one year. More amazingly, this community’s inventory has risen over 50% in one month.

Annual sales per month have dropped 37%, yet incredibly, like most North Scottsdale neighborhoods, the median price has continued to rise, reaching $1,015,000 – an increase of 23% over last year at this time.

What Do We advise?

Seller’s, if you’re trying to catch the top of the market, you may still have some time, though time is not your ally. There are still a number of buyers looking specifically for this community.

Buyer’s, you have more inventory to look at. You may also have more negotiation room than you’ve had for over two years. Don’t be intimidated by a new home on the market. If you hve cash or a strong down payment, your offers are strong.