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Wednesday, November 6, 2024

Scottsdale home prices rise in February 2018

Re 7

The median sale price of a home sold in February 2018 in Scottsdale rose by $41,000 while total sales increased by 14.8%, according to BlockShopper.com.

In February 2018, there were 591 homes sold, with a median sale price of $420,000 - a 10.8% increase over the $379,000 median sale price for the same period of the previous year. There were 515 homes sold in Scottsdale in February 2017.

The median sales tax in Scottsdale for the most recent year with available data, 2017, was $2,228, approximately 0.5% of the median home sale price for February 2018.

The following table compares Scottsdale to other Maricopa County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Uninc-85262/Tonto National Forest62200%$554,500$496,68011.6%
New River (unincorporated) 210-80%$532,500$300,00077.5%
Cave Creek73133.3%$520,000$539,900-3.7%
Scottsdale (unincorporated) 12933.3%$500,000$470,0006.4%
Rio Verde (unincorporated) 68-25%$475,000$415,00014.5%
Scottsdale59151514.8%$420,000$379,00010.8%
Peoria (unincorporated) 46-33.3%$395,000$489,500-19.3%
Laveen (unincorporated) 63100%$340,000$331,9002.4%
Wickenburg1012-16.7%$340,000$227,00049.8%
Queen Creek7184-15.5%$337,000$292,37715.3%
Litchfield Park12850%$332,000$419,527-20.9%

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