Homes for Sale in Scottsdale Hitting Highest Level in 5 years

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The average price for a home in Scottsdale has soared 20% from February 2012.

The median prices for homes in Scottsdale is $426,000.  This is the highest level seen since 2008.

Prices Showing Big Gains

Price increases on the lower end of the home sales market in Scottsdale will continue to push prices higher for the more expensive homes.

With confidence improving  in the encouraging current economy, the demand for homes listed for sale in Scottsdale continues to increase.  With the demand on the rise, so are the prices for homes listed on the market rising.  The homes for sale in the Scottsdale market of $800,000 and more is joining the general upward trend.

At a Glance: Median prices for Homes increased from February 20012

SCOTTSDALE

Homes:                $426,000 – up 20%

Condos:               $190,000 – up 35.7%

CAVE CREEK

Homes:                $357,956 – up 10.3%

Condos:               $273,975 – up 72%

FOUNTAIN HILLS

Homes:                $425,000 – up 44%

Condos:               $155,000 – up 16.5%

PARADISE VALLEY

Homes:                $1.3 Million – up 28.5%

Condos:               $232,500 – up 42%

RIO VERDE

Homes:               $322,500 – up 15%

Condos:               $269,375 – up 89%

PHOENIX

Homes:                $130,000 – up 55%

Condos:               $ 89,950 – up 32.5%

Call Jen Wehner, is a Top 1% Producing Scottsdale and Phoenix Real estate Agent. Jennifer would be happy to provide you with a C.M.A. (Comparative Market Analysis) to price your home for sale for the best price!

Best Scottsdale Real Estate Agent

Best Scottsdale Real Estate Agent