North Scottsdale Market Reports, April 2008

North Scottsdale single family homes, condos and townhouses sales reports for April 2008.  This report includes the areas (in North Scottsdale) of Pinnacle Peak and Rio Verde.



Single Family Homes Sales Report

Average Apr-07 Mar-08 Apr-08 Monthly Change in % Annual Change in %
Asking Price $922,222 $1,076,216 $996,474 -7.41% 8.05%
Sales Price $855,871 $936,272 $860,595 -8.08% 0.55%
% of Asking Price 92.81% 87.00% 86.36% -0.73% -6.94%
$/SQFT $307.55 $298.44 $282.52 -5.33% -8.14%
Days on Market 128 185 159 -14.05% 24.22%
Total Transactions 283 191 199 4.19% -29.68%

 

Condos and Townhouses Sales Report

Average Apr-07 Mar-08 Apr-08

Monthly Change in %

Annual Change in %
Asking Price $389,675 $383,286 $388,923 1.47% -0.19%
Sales Price $362,630 $341,142 $340,574 -0.17% -6.08%
% of Asking Price 93.06% 89.00% 87.57% -1.61% -5.90%
$/SQFT $249.25 $224.81 $226.54 0.77% -9.11%
Days on Market 86 195 149 -23.59% 73.26%
Total Transactions 57 43 45 4.65% -21.05%

 

North Scottsdale (3 and 4 bedrooms) Single Family Homes Sales by Zip Code
(April 2008)


85254
Asking Price $361,956
Sale Price $338,828
% of Asking Price 93.61%
Days on Market 158
Total Transactions 18
85255
Asking Price $943,485
Sale Price $801,578
% of Asking Price 84.96%
Days on Market 139
Total Transactions 50
85259
Asking Price $556,046
Sale Price $485,891
% of Asking Price 87.38%
Days on Market 118
Total Transactions 13
85260
Asking Price $532,859
Sale Price $473,818
% of Asking Price 88.92%
Days on Market 138
Total Transactions 22
85262
Asking Price $1,347,558
Sale Price $1,148,538
% of Asking Price 85.23%
Days on Market 252
Total Transactions 37
85266
Asking Price $1,092,779
Sale Price $993,357
% of Asking Price 90.90%
Days on Market 131
Total Transactions 14

 

North Scottsdale (2 and 3 bedrooms) Condos and Townhouses Sales by Zip Code
(April 2008)


85254
Asking Price $732,000
Sale Price $562,500
% of Asking Price 76.84%
Days on Market 215
Total Transactions 2
85255
Asking Price $428,997
Sale Price $380,214
% of Asking Price 88.63%
Days on Market 132
Total Transactions 16
85259
Asking Price $296,333
Sale Price $277,667
% of Asking Price 93.70%
Days on Market 187
Total Transactions 3
85260
Asking Price $336,241
Sale Price $294,588
% of Asking Price 87.61%
Days on Market 109
Total Transactions 17
85262
Asking Price $519,900
Sale Price $465,000
% of Asking Price 89.44%
Days on Market 436
Total Transactions lign="right">2
85266
Asking Price $549,950
Sale Price $491,250
% of Asking Price 89.33%
Days on Market 107
Total Transactions 2

 

All numbers are from the ARMLS and are deemed reliable but not guaranteed, as of 5-7-2008.

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