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.
