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Wednesday, November 6, 2024

Scottsdale home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Scottsdale rose by $7,500 while total sales increased by 9.4%, according to BlockShopper.com.

In January 2018, there were 570 homes sold, with a median sale price of $399,500 - a 1.9% increase over the $392,000 median sale price for the same period of the previous year. There were 521 homes sold in Scottsdale in January 2017.

The median sales tax in Scottsdale for the most recent year with available data, 2017, was $2,228, approximately 0.6% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Scottsdale (unincorporated) 63100%$566,000$875,000-35.3%
Carefree151225%$480,000$557,500-13.9%
Rio Verde (unincorporated) 147100%$456,400$535,000-14.7%
Cave Creek10666.7%$456,250$727,500-37.3%
Peoria (unincorporated) 82300%$406,000$345,45017.5%
Scottsdale5705219.4%$399,500$392,0001.9%
Fountain Hills745827.6%$350,000$342,5002.2%
Queen Creek (unincorporated) 81700%$340,000$337,5000.7%
New River (unincorporated) 93200%$335,000$394,500-15.1%
Chandler (unincorporated) 56535.7%$322,500$252,00028%
Surprise (unincorporated) 14-75%$314,900$177,50077.4%

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