Scottsdale Homes 85262
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(Scottsdale Homes 85262) Our Median Sales Price in April was $1,375,000, up 14.6% from $1,200,000 in April of 2021 and down -14.1% from $1,600,000 last month. The average sales price in April was $2,004,913, up 24.1% from $1,616,008 in April of 2021 and down -5.9% from $2,131,497 last month. April 2022 ASP was at highest level compared to April of 2021 and 2020.
There are currently (180) Homes for sale in the 85262 Zip Code Area.
Scottsdale Homes 85262 ~ Newest Listings
Scottsdale Homes 85262 ~ Monthly Market Report
(Scottsdale Homes 85262) Our April property sales were 77, down from 93 in April of 2021 and 11.6% higher than the 69 sales last month. April 2022 sales were at a mid level compared to April of 2021 and 2020. April YTD sales of 235 are running -35.8% behind last year’s year-to-date sales of 366.
(Scottsdale Homes 85262) The total inventory of properties available for sale as of April was 175, up 2.9% from 170 last month and up 9.4% from 160 in April of last year. April 2022 Inventory was at a mid range compared to April of 2021 and 2020.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer’s market, a downward trend a move towards more of a seller’s market. The DOM for April was 49, up from 39 days last month and down from 57 days in April of last year. The April 2022 DOM was at its lowest level compared with April of 2021 and 2020.
Selling Price / Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the ‘mix’ of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The April 2022 selling price per square foot of $478 was down -4.2% from $499 last month and up 22.6% from $390 in April of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955 ~ We are located next to Paradise Valley (See Map Here) ~ You can also see us at Arizona Luxury Homes 🙂