South Scottsdale Market Reports – December 2008
Posted on January 14th, 2009 by ScottsdaleHomes.com
Single Family Homes Sales in South Scottsdale – December, 2008
| December, 2007 | November, 2008 | December, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$399,672
|
$281,081
|
$299,535
|
6.57%
|
-25.05%
|
| Sale Price |
$378,733
|
$266,219
|
$280,501
|
5.36%
|
-25.94%
|
| % of Asking Price |
94.76%
|
94.71%
|
93.65%
|
-1.12%
|
-1.17%
|
| Price/SqFt |
$201
|
$157
|
$149
|
-5.1%
|
-25.87%
|
| DOM* |
142
|
119
|
136
|
14.29%
|
-4.23%
|
| Total Transactions |
52
|
39
|
44
|
12.82%
|
-15.38%
|
Condos/Townhouses Sales in South Scottsdale – December, 2008
| December, 2007 | November, 2008 | December, 2008 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$304,283
|
$195,956
|
$266,723
|
36.11%
|
-12.34%
|
| Sale Price |
$288,202
|
$184,245
|
$237,335
|
28.81%
|
-17.65%
|
| % of Asking Price |
94.72%
|
94.02%
|
88.98%
|
-5.36%
|
-6.06%
|
| Price/SqFt |
$234
|
$157
|
$191
|
21.66%
|
-18.38%
|
| DOM* |
123
|
102
|
108
|
5.88%
|
-12.2%
|
| Total Transactions |
42
|
24
|
39
|
62.5%
|
-7.14%
|
Single Family Homes Sales in South Scottsdale – December, 2008
3 and 4 bedroom properties by zip code
| 85250 | Asking Price | $269,258 |
|---|---|---|
| Sale Price | $252,709 | |
| % of Asking Price | 93.85% | |
| Days on Market | 107 | |
| Total Transactions | 11 | |
| 85251 | Asking Price | $372,644 |
| Sale Price | $353,767 | |
| % of Asking Price | 94.93% | |
| Days on Market | 162 | |
| Total Transactions | 9 | |
| 85254 | Asking Price | $312,943 |
| Sale Price | $312,000 | |
| % of Asking Price | 99.7% | |
| Days on Market | 103 | |
| Total Transactions | 1 | |
| 85257 | Asking Price | $237,804 |
| Sale Price | $221,962 | |
| % of Asking Price | 93.34% | |
| Days on Market | 127 | |
| Total Transactions | 13 | |
| 85258 | Asking Price | $337,233 |
| Sale Price | $317,617 | |
| % of Asking Price | 94.18% | |
| Days on Market | 35 | |
| Total Transactions | 3 | |
| 85262 | Asking Price | $424,900 |
| Sale Price | $375,000 | |
| % of Asking Price | 88.26% | |
| Days on Market | 208 | |
| Total Transactions | 2 |