85254 – Zip Line Report

North Scottsdale zip code 85254, known as “The Magical Zip Code,” is showing that listings have increased compared to last summer but modestly. Pending Sales are up 33% over 2014 and likewise over 2013. Home sales have increased 17% and the median sales price increased 9% compared to 2014.

                                             2015              2014                2013

Active Listings:                     308                 281                 186

Pending Listings:                 60                   45                   44

Sales Per Month:                 77                   66                   104

Sales Per Year:                     752                 719                 966

Median Price:                       $413k            $378k             $391k

 

85255 – Zip Line Report

One of the strongest and most popular North Scottsdale zip codes is 85255 and the recent numbers for these communities suggest it’s remaining so. For example North Scottsdale 85255 currently has 72 pending sales compared to 57 last year, an increase of 26%. Sales have likewise increased. The 2015 median sales price increase over last year is among the strongest in Scottsdale at 26%.

                                              2015              2014                2013

Active Listings:                     629                 509                 371

Pending Listings:                 72                   57                   73

Sales Per Month:                 86                   74                   91

Sales Per Year:                     901                 896                 1045

Median Price:                       $765k            $633k            $685k

 

85258 – Zip Line Report

The Ranches and Lakes of Scottsdale which include McCormick Ranch, Scottsdale and Gainey Ranches, Lake Serena, Mountainviewlake, and the Bay Club is one of Scottsdale’s most attractive communities, especially if you like the colors of green and blue. Like North Scottsdale’s 85255 zip communities 2015 is having a strong sales year as well. With Pending home sales up 25% over last year and a sales increase of close to 10%, these special communities have soared in their median price – now at $601,000 compared with $520,000 in 2014 – an increase of 16%.

                                              2015              2014                2013

Active Listings:                     175                 146                 111

Pending Listings:                 24                   18                   23

Sales Per Month:                 42                   38                   36

Sales Per Year:                     367                 379                 413

Median Price:                       $601K                        $520k            $480k

 

85259 – Zip Line Report

Though you won’t hear it called this, the 85259 zip code is really “East” Scottsdale as it

                                              2015              2014                2013

Active Listings:                     258                 230                 157

Pending Listings:                 36                   33                   39

Sales Per Month:                 53                   38                   43

Sales Per Year:                     426                 425                 501

Median Price:                       663k               $595k            $530k

 

85260 – Zip Line Report

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.

                                              2015              2014              2013

Active Listings:                     222                 215                 145

Pending Listings:                 32                   33                   37

Sales Per Month:                 52                   48                   48

Sales Per Year:                     524                 481                 579

Median Price:                       $447k            $423k            $430k

 

85262 – Zip Line Report

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.

                                              2015              2014              2013

Active Listings:                     522                352                 308

Pending Listings:                 42                   35                   40

Sales Per Month:                 40                   32                   42

Sales Per Year:                     398                 420                 467

Median Price:                       $697k            $740k            $735k

 

85266 – Zip Line Report

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.

                                              2015              2014             2013

Active Listings:                     274                 150                 121

Pending Listings:                 32                   18                   20

Sales Per Month:                 40                   21                   25

Sales Per Year:                     279                 268                 374

Median Price:                       $650k            $735k            $620k

 

85253 (Paradise Valley) – Zip Line Report

The Valley’s most upscale, prestigious, and expensive town currently has 274 homes for sales compared to 150 one year ago. That’s interesting because usually when you get that much of an inventory increase, prices tend to go down. Not so in this case.  Pending sales are way up (32 vs 18).

The median sales price is currently $1,450,000 – up a whopping 17% from one year ago.

                                              2015              2014             2013

Active Listings:                     423                 301                 258

Pending Listings:                 38                   19                   24

Sales Per Month:                 37                   22                   30

Sales Per Year:                     338                 352                 386

Median Price:                       $1,450k         $1.235k         $1.270k

 

85268 (Fountain Hills)  – Zip Line Report

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.

2015             2014             2013

Active Listings:                     175                 236                 193

Pending Listings:                 24                   21                   27

Sales Per Month:                 42                   32                   43

Sales Per Year:                     367                 450                 531

Median Price:                       $601k            $369k            $375k

 

85331 (Town of Cave Creek) – Zip Line Report

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.

     2015              2014             2013

Active Listings:                     366                 292                 243

Pending Listings:                 55                   58                   59

Sales Per Month:                 75                   56                   61

Sales Per Year:                     664                 609                 697

Median Price:                       $420k            $424k            $375k

 

85377 (Carefree) – Zip Line Report

The delightful and small town of Carefree is almost too small to accurately compare year to year stats. Having stated that, sales are slightly up from August 2014 at 60 – this compared to 115 one year ago. The median sales price brings one word to mind: BARGAIN!

                                               2015              2014              2013

Active Listings:                     122                 114                 92

Pending Listings:                 18                   6                      12

Sales Per Month:                 12                   6                      14

Sales Per Year:                     77                   87                   104

Median Price:                       $689k            $642k            $773k

 

85086 (Anthem – North Phoenix) – Zip Line Report

Welcome to newer homes with beautiful mountain views in an unspoiled north Phoenix environment. These communities are the bargains of the north valley. Prices are affordable and only a 30 minute drive time to Sky Harbor Airport. Inventory is down from last year, pending sales are up dramatically (61%) from one year ago and the median sales price has increased by 8%.

                                              2015              2014              2013

Active Listings:                     307                 376                 281

Pending Listings:                 106                 66                   101

Sales Per Month:                 98                   96                   122

Sales Per Year:                     948                 936                 1273

Median Price:                       $297k             $275k            $275k

 

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