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Sunday, April 20, 2025

Scottsdale home prices fall in November 2017

Realestate4

The median sale price of a home sold in November 2017 in Scottsdale fell by $8,000 while total sales increased by 15.4%, according to BlockShopper.com.

In November 2017, there were 571 homes sold, with a median sale price of $400,000 - a 2% decrease over the $408,000 median sale price for the same period of the previous year. There were 495 homes sold in Scottsdale in November 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 November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Scottsdale (unincorporated) 660%$566,500$609,000-7%
Cave Creek (unincorporated) 12850%$553,500$462,75019.6%
Rio Verde (unincorporated) 83166.7%$459,950$450,0002.2%
Queen Creek (unincorporated) 45-20%$457,500$419,0009.2%
Carefree614-57.1%$447,500$572,500-21.8%
Scottsdale57149515.4%$400,000$408,000-2%
Uninc-85351/Sun City-Youngtown19-88.9%$380,000$96,527293.7%
Fountain Hills6871-4.2%$362,500$360,0000.7%
Peoria (unincorporated) 58-37.5%$350,000$425,000-17.6%
Phoenix (unincorporated) 70666.1%$339,450$323,7504.8%
New River (unincorporated) 6450%$337,000$270,50024.6%

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