South Scottsdale Market Reports – May 2009
Posted on June 1st, 2009 by ScottsdaleHomes.com
Single Family Homes Sales Trends in South Scottsdale, May 2009
| May 2008 | April 2009 | May 2009 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$404,474
|
$308,359
|
$291,231
|
-5.55%
|
-28%
|
| Sale Price |
$347,460
|
$288,150
|
$277,520
|
-3.69%
|
-20.13%
|
| % of Asking Price |
85.9%
|
93.45%
|
95.29%
|
1.97%
|
10.93%
|
| Price/SqFt |
$192
|
$150
|
$149
|
-0.67%
|
-22.4%
|
| DOM* |
141
|
143
|
115
|
-19.58%
|
-18.44%
|
| Total Transactions |
78
|
61
|
76
|
24.59%
|
-2.56%
|
Condos/Townhouses Sales Trends in South Scottsdale, May 2009
| May 2008 | April 2009 | May 2009 | Monthly Change in % | Annual Change in % | |
|---|---|---|---|---|---|
| Asking Price |
$393,833
|
$237,302
|
$178,477
|
-24.79%
|
-54.68%
|
| Sale Price |
$346,848
|
$225,984
|
$166,748
|
-26.21%
|
-51.92%
|
| % of Asking Price |
88.07%
|
95.23%
|
93.43%
|
-1.89%
|
6.09%
|
| Price/SqFt |
$270
|
$189
|
$146
|
-22.75%
|
-45.93%
|
| DOM* |
153
|
137
|
112
|
-18.25%
|
-26.8%
|
| Total Transactions |
54
|
61
|
57
|
-6.56%
|
5.56%
|
Single Family Homes Sales in South Scottsdale – May 2009
3 and 4 bedroom properties by zip code
| 85250 | Asking Price | $274,971 |
|---|---|---|
| Sale Price | $271,000 | |
| % of Asking Price | 98.56% | |
| Days on Market | 108 | |
| Total Transactions | 7 | |
| 85251 | Asking Price | $381,303 |
| Sale Price | $359,553 | |
| % of Asking Price | 94.3% | |
| Days on Market | 125 | |
| Total Transactions | 17 | |
| 85254 | Asking Price | $280,000 |
| Sale Price | $271,333 | |
| % of Asking Price | 96.9% | |
| Days on Market | 188 | |
| Total Transactions | 3 | |
| 85257 | Asking Price | $192,792 |
| Sale Price | $185,922 | |
| % of Asking Price | 96.44% | |
| Days on Market | 93 | |
| Total Transactions | 29 | |
| 85258 | Asking Price | $421,380 |
| Sale Price | $407,800 | |
| % of Asking Price | 96.78% | |
| Days on Market | 22 | |
| Total Transactions | 5 | |
| 85260 | Asking Price | $259,000 |
| Sale Price | $248,000 | |
| % of Asking Price | 95.75% | |
| Days on Market | 59 | |
| Total Transactions | 1 | |
| 85262 | Asking Price | $818,300 |
| Sale Price | $733,333 | |
| % of Asking Price | 89.62% | |
| Days on Market | 48 | |
| Total Transactions | 3 |