Did you know? Scottsdale and Paradise Valley are at an all time high Price/Foot?
Blog Update from Todd Simpson with Russ Lyon Sotheby's Real Estate
Did you know that home prices in Scottsdale and Paradise Valley are hitting record highs? Many people might be surprised to learn that there is still a strong demand for luxury homes in North Phoenix, Scottsdale, Cave Creek, and Carefree. Thanks to robust job growth, fantastic weather, abundant sunshine, and a variety of outdoor activities, the Scottsdale market remains strong. Low inventory levels are also driving prices up. In fact, many zip codes in this area are seeing prices higher than those in 2021 and 2022!
Take a look at these Scottsdale and surrounding area zip codes:
85262: Desert Mountain and surrounding area: $544/ft
Scottsdale: 85255 - DC Ranch / Grayhawk areas. $591/ft
Scottsdale: 85254 Kierland and surrounding areas: $444/ft
Scottsdale: 85258 McCormick Ranch areas: $493/ft
Scottsdale: 85260 Central Scottsdale: $461/ft
Carefree Arizona: $492/ft
Cave Creek Az 85331: $401/ft
Paradise Valley Az - 85253 $980/ft
Scottsdale Arizona - Whole Scottsdale Single Family Market: $1.5M
Every home and neighborhood is different. If you have any questions about your home, or your community, please reach out. If you do not see your zip code or area listed above, let me know. I will be sure to add it to the list. Todd (480)465-1504
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