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Wednesday, November 6, 2024

Scottsdale home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Scottsdale rose by $25,500 while total sales increased by 8.5%, according to BlockShopper.com.

In December 2017, there were 549 homes sold, with a median sale price of $400,000 - a 6.8% increase over the $374,500 median sale price for the same period of the previous year. There were 506 homes sold in Scottsdale in December 2016.

The median sales tax in Scottsdale for 2017 was $2,228. In 2016, the median sales tax was $2,190. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Scottsdale to other Maricopa County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Peoria (unincorporated) 62200%$579,950$395,00046.8%
Cave Creek (unincorporated) 57-28.6%$475,000$440,0008%
Scottsdale (unincorporated) 7540%$475,000$617,000-23%
Rio Verde (unincorporated) 910-10%$460,000$404,50013.7%
Litchfield Park990%$456,900$427,9996.8%
Scottsdale5495068.5%$400,000$374,5006.8%
Goodyear (unincorporated) 20-$378,000$0-
Fountain Hills866826.5%$357,500$294,97521.2%
Phoenix (unincorporated) 6264-3.1%$354,250$266,75032.8%
Queen Creek86851.2%$344,145.50$305,50012.6%
Queen Creek (unincorporated) 550%$300,000$340,000-11.8%

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