Real Estate Market Update for 85254 (Scottsdale, AZ)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 55% from one year earlier and up 24% from the previous month This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month... was just under 440-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 22% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price . The number of units sold Decreased 10% year-over-year and Increased 15% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 85254 (Scottsdale, AZ)
Area Information for 85254 (Scottsdale, AZ)
  • Community Character: Moderate Residential Turnover
  • Population: 44,645
  • Median Age: 32.18 yr
  • Median Commute Time: 23.18 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 116
  • Sales Tax: 5%
  • Population Density: 3,343/sq mi
  • Population Change Since 2000: -11%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest College: Southwestern College
  • Closest Jr. College: Paradise Valley Comm Coll
  • Median Household Income: $87,091
  • Annual Residential Turnover: 20.33%
  • Median Years in Residence: 2.87 yr
  • Median Home Sales Price: $245,000
  • Closest Major Sports Team: Arizona Giants (r)
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 85254 (Scottsdale, AZ)
Median Age: 32.18 Married: 47% Number of Households: 18,618 Households with Children: 5,798
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 85254 (Scottsdale, AZ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Desert Springs Preparatory Elementary School 0.1 mi Public PRESCHOOL-6 4 4
      Freedom Academy 0.6 mi Public K-8 4-5 4
      Rancho Solano Private Schools - Missouri Campus 0.7 mi Private PRESCHOOL-5 0 4
      Rancho Solano Preparatory Schools - Greenway Campus 0.7 mi Private 9-10 0 3
      Horizon High School 0.7 mi Public 9-12 5 3
      West-mec - Horizon High School 0.7 mi Public 9-12 0 0
      Rainbow Montessori School #2 0.8 mi Private K-2 0 4
      Scottsdale Child Care & Learning Center-kierland 0.8 mi Private PRESCHOOL-K 0 0
      Sage Academy 0.9 mi Public K-8 0 0
      Desert Shadows Elementary School 1.0 mi Public PRESCHOOL-6 4-5 4
      Desert Shadows Middle School 1.0 mi Public 7-8 4-5 4
      Sandpiper Elementary School 1.0 mi Public PRESCHOOL-6 4 5
      Liberty Elementary School 1.1 mi Public PRESCHOOL-6 4-5 4
      Blessed Pope John Xxiii School 1.1 mi Catholic K-8 0 0
      Devereux 1.1 mi Private 1-12 0 1
      North Ranch Elementary School 1.2 mi Public K-6 4-5 4
      Sunrise Middle School 1.3 mi Public 7-8 4 3
      Rainbow Montessori School - Cactus 1.6 mi Private PRESCHOOL-K 0 0
      Sequoya Elementary School 1.8 mi Public K-5 5 5
      The King David School 1.9 mi Private K-8 0 4
      Arizona International Academy 2.0 mi Private 4-9 0 5
      Copper Canyon Elementary School 2.1 mi Public K-6 5 5
      Blessed Sacrament Preschool And Kindergarten 2.1 mi Catholic PRESCHOOL-K 0 0
      Cocopah Middle School 2.2 mi Public 6-8 3-5 3
      Chaparral Christian Preschool And Kindergarten 2.6 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 85254 (Scottsdale, AZ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.