Real Estate Market Update for Scottsdale, AZ

Video: Real Estate Community Tour for Scottsdale, AZ

See Real estate community tour for Scottsdale, AZ
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 13% from one year earlier, and down 9% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 620-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 6%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 380-thousand dollars. The number of units sold increased 14% year-over-year, and decreased 1% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
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Map Information for Scottsdale, AZ
Area Information for Scottsdale, AZ
  • Population: 221,852
  • Median Age: 44.44 yr
  • Median Commute Time: 21.55 mins
  • Educational Climate*: 5
  • Sales Tax: 7.95%
  • Population Density: 1,206/sq mi
  • Population Change Since 2000: 9.43%
  • Closest Airport: Phoenix Sky Harbor International
  • Closest Jr. College: Paralegal Institute
  • Median Household Income: $73,743
  • Annual Residential Turnover: 22.68%
  • Median Years in Residence: 2.66 yr
  • Median Home Sales Price: $300,000
  • Closest Major Sports Team: Diamondbacks
  • Change Avg. Household Income Since 2000: 27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Scottsdale, AZ
Median Age: 44.44 Married: 39% Number of Households: 104,066 Households with Children: 22,212
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 Scottsdale, AZ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Copper Ridge Elementary School 3.4 mi Public PRESCHOOL-8 4-5 4
      Copper Ridge School 3.4 mi Public PRESCHOOL-8 0 0
      Copper Ridge Middle School 3.4 mi Public K-8 0 0
      Notre Dame Preparatory 4.8 mi Catholic 9-12 0 4
      Desert Canyon Elementary 4.8 mi Public PRESCHOOL-5 4-5 4
      Desert Canyon Middle School 4.8 mi Public 6-8 4 4
      Great Hearts Academies - Scottsdale Prep 5.5 mi Public 5-12 5 4
      New Covenant Lutheran Church Children's Ministry C 5.7 mi Private PRESCHOOL-K 0 0
      The Scottsdale School Inc 5.7 mi Private K-K 0 0
      Anasazi Elementary 5.8 mi Public K-5 4-5 4
      Mcdowell Mountain Elementary School 6.1 mi Public PRESCHOOL-3 4 5
      Cheyenne Traditional Elementary School 6.1 mi Public K-8 5 4
      Fountain Hills Online 6.1 mi Public 9-12 0 0
      Pinnacle Peak Elementary 6.2 mi Public PRESCHOOL-6 5 4
      Fountain Hills High School 6.2 mi Public 9-12 4-5 3
      Desert Mountain High School 6.3 mi Public 9-12 5 4
      El Dorado Private School 6.4 mi Private PRESCHOOL-8 0 3
      Grayhawk Elementary School 6.4 mi Public K-6 5 4
      Fountain Hills Charter School 6.4 mi Public K-8 4-5 4
      Mountainside Middle School 6.5 mi Public 6-8 4-5 4
      Freedom Academy North 6.6 mi Public K-8 5 4
      Lexis Preparatory School 6.7 mi Private K-8 0 0
      Mission Montessori On The Desert 6.8 mi Private PRESCHOOL-8 0 0
      Mission Montessori Del Norte 6.8 mi Public 4-6 0 0
      Evit Fountain Hills Voc Ctr 6.9 mi Public 9-12 0 0
      Camelback Desert School 7.3 mi Private PRESCHOOL-5 0 4
      Great Hearts Academies - Archway Scottsdale 7.4 mi Public K-12 0 0
      Laguna Elementary School 7.6 mi Public K-5 4-5 4
      Mission Montessori Del Jardin 7.6 mi Public 1-3 0 0
      Shepherd Of The Desert Lutheran School 7.8 mi Private K-8 0 4
      Shalom Montessori 7.9 mi Private K-8 0 0
      Thunderbird Christian Elementary School 8.3 mi Private K-8 0 4
      Thunderbird Adventist Academy 8.3 mi Private 9-12 0 0
      Sonoran Sky Elementary School 8.5 mi Public K-6 5 4
      Scottsdale Child Care & Learning Center-kierland 8.7 mi Private PRESCHOOL-K 0 0
      Sandpiper Elementary School 8.7 mi Public PRESCHOOL-6 4-5 5
      The King David School 8.8 mi Private K-8 0 4
      Pardes Jewish Day School 8.8 mi Private PRESCHOOL-8 0 4
      Desert Sky Montessori School 8.8 mi Private PRESCHOOL-K 0 0
      Desert Sun Academy 8.8 mi Public K-6 4-5 4
      North Ranch Elementary School 8.8 mi Public K-6 4-5 4
      Basis Scottsdale 8.9 mi Public 5-12 5 4
      International School Of Arizona 8.9 mi Private PRESCHOOL-5 0 4
      Arizona International Academy 8.9 mi Private 4-9 0 5
      Plc Arts Academy At Scottsdale Inc 9.2 mi Public - 0 0
      Rainbow Montessori School 9.3 mi Private PRESCHOOL-K 0 4
      Cochise Elementary School 9.3 mi Public PRESCHOOL-5 5 5
      Gateway Academy 9.3 mi Private K-12 0 0
      Desert Springs Elementary School 9.4 mi Public PRESCHOOL-6 4 4
      Copper Canyon Elementary School 9.4 mi Public K-6 5 5
      Devereux 9.5 mi Private K-12 0 1
      Rancho Solano Private School 9.6 mi Private PRESCHOOL-5 0 3
      Foothills Academy 9.6 mi Public 7-12 4-5 4
      West Mec Horizon High School 9.7 mi Public 9-12 0 0
      Horizon High School 9.7 mi Public 9-12 4-5 3
      Rainbow Montessori School Cactus 9.7 mi Private PRESCHOOL-K 0 0
      Freedom Academy 9.8 mi Public K-8 4-5 4
      Rancho Solano Private Schools-hillcrest Campus 9.9 mi Private PRESCHOOL-8 0 0
      Cocopah Middle School 9.9 mi Public 6-8 4-5 3
      Sequoya Elementary School 10.0 mi Public K-5 4-5 5
      Desert Shadows Elementary School 10.0 mi Public PRESCHOOL-6 3-5 4
      Desert Shadows Middle School 10.1 mi Public 7-8 4-5 4
      Chaparral High School 10.2 mi Public 9-12 4-5 4
      Liberty Elementary School 10.3 mi Public PRESCHOOL-6 4 4
      Sage Academy 10.4 mi Public K-8 2-5 3
      Sunrise Middle School 10.6 mi Public 7-8 3-5 3
      Scottsdale Country Day School 11.3 mi Private PRESCHOOL-8 0 0
      Black Mountain Elementary School 11.4 mi Public PRESCHOOL-6 4-5 4
      Pueblo Elementary School 11.9 mi Public PRESCHOOL-5 4 4
      Cherokee Elementary School 11.9 mi Public PRESCHOOL-5 5 4
      Saguaro High School 12.0 mi Public 9-12 4-5 4
      Mohave Middle School 12.5 mi Public 7-8 3-5 3
      Bella Vista College Prepatory 12.5 mi Private K-12 0 4
      Tesseract School 12.6 mi Private PRESCHOOL-12 0 4
      Kiva Elementary School 13.1 mi Public PRESCHOOL-5 5 4
      Navajo Elementary School 13.5 mi Public PRESCHOOL-5 2-5 3
      Salt River High School 13.8 mi Public 7-12 1 2
      Little Kings & Queens 14.0 mi Private PRESCHOOL-1 0 0
      Scottsdale Umc Cooperative Preschool & Kdgn 14.3 mi Private PRESCHOOL-K 0 0
      Pima Elementary School 14.4 mi Public PRESCHOOL-5 4 4
      Our Lady Of Perpetual Help School (scott 14.5 mi Catholic K-8 0 4
      Desert View Learning Center 14.9 mi Private K-4 0 5
      Christ Church School 14.9 mi Private PRESCHOOL-1 0 0
      Arcadia Neighborhood Learning Center 15.0 mi Public K-8 2-5 4
      Howard S Gray Education Program 15.1 mi Private 4-12 0 4
      Salt River Accelerated Learning Academy 15.3 mi Public 9-12 0 0
      Salt River Elementary School 15.3 mi Public K-6 0 0
      Hohokam Traditional School 15.3 mi Public PRESCHOOL-5 3 3
      Coronado High School 15.6 mi Public 9-12 1 4
      Evit Scottsdale Voc Center 15.7 mi Public 9-12 0 0
      Montessori Academy 15.7 mi Public K-8 4 4
      Phoenix Country Day School 15.8 mi Private PRESCHOOL-12 0 4
      Tonalea Elementary School 16.2 mi Public PRESCHOOL-5 2 3
      New Way Learning Academy 16.3 mi Private K-12 0 4
      The Marion Burton School 16.4 mi Private 6-12 0 0
      Saint Daniel The Prophet School 16.4 mi Catholic K-8 0 4
      Integrity Education Centre 16.5 mi Public K-12 0 3
      Yavapai Elementary School 16.9 mi Public PRESCHOOL-5 2 3
      Supai Middle School 17.1 mi Public 7-8 1 3
      H'man 'shawa Early Childhood Development Center 43.1 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 © 2015
      Local Weather for Scottsdale, AZ
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.