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May 2017 Real Estate stats for Scottsdale, AZ 85254

May 2017 saw a total of 122 home sales in the 85254 Zip code of Scottsdale.  As of this writing there are 253 active listings and 144 under contract within 85254, so the inventory levels are at 2.07 months worth of supply based on the May sales.  85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix.   Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland ResortCrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more.  85254 has long been called the "magic zip code" in the real estate business for it's desirability.  For more information on the area as well as available homes, please  call me at 480-236-7374. 

Total May sales: 122
Average Price Per foot: $207.63

Sale price as a percentage of list price: 97%
Average sale price: $473,156
Average Days on market: 76


This breaks down by type as follows:

Single Family Detached Homes
Sales: 98
Average Price Per foot: $208.23
Sale price as a percentage of list price: 97%
Average sale price: $532,502
Average Days on market: 80


Condos and Townhomes:
Total sales :24
Average Price Per foot: $205.14
Sale price as a percentage of list price: 98%
Average sale price: $230,827
Average Days on market: 59

Prices for all properties ranged from $133,000 for a 1/1, 747 sq. ft. condo  to $2M for a  6/7, 6613 sq.ft. custom home in Equestrian Manor.


Adam Tarr PC
Realty ONE Group
480-236-7374

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