What is it like to live in Scottsdale AZ?

Living in Scottsdale It has an abundance of safe suburban areas, low crime, and some of the best schools in the state. It’s also ideal for young adults just starting out. There are plenty of job opportunities, an abundance of nightlife, great dining, and plenty of shopping opportunities.

How is the housing market in Scottsdale AZ?

Per Realtor.com, the median home listing price in the Scottsdale housing market is currently $699,900 — a 12% rise year over year, and about $320 per square foot, on average. Listing prices hit an average of $725,000 in September 2020 — the highest in more than two years.

Is Scottsdale a rich neighborhood?

Scottsdale is a prosperous place. Only Paradise Valley in the entire metro Phoenix area has a higher median income. Some of the places where the wealthiest people live are expected. They are north of Bell Road, in some cases pretty far north.

Will Scottsdale home prices go down?

Zillow predicts they will rise 14.1% by the end of May 2023. Maricopa County home values have gone up 28.5% (current = $485,880) over the past year and will continue to rise over the next twelve months. According to Zillow, the Scottsdale real estate market is hot.

Is Scottsdale real estate slowing down?

There were 2,286 homes sold in April this year, down from 2,538 last year. More than fifty percent (61.5%) of homes were sold above their original asking prices, which is 4.3% more than last year. About 22.5% of the listed homes were sold with price drops. The sale-to-list-price ratio was 102.6%.

What are Scottsdale winters like?

Winter Weather in Scottsdale Arizona, United States. Daily high temperatures increase by 4°F, from 69°F to 73°F, rarely falling below 56°F or exceeding 82°F. The lowest daily average high temperature is 65°F on December 26. Daily low temperatures are around 47°F, rarely falling below 36°F or exceeding 57°F.

What is better Phoenix or Scottsdale?

While the choice between Phoenix and Scottsdale can be challenging, these two Arizona cities are close and residents can enjoy the amenities both have to offer. Scottsdale comes with higher housing costs but a more exciting nightlife jobs while Phoenix offers a lower cost of living and amazing neighborhoods.

Why are houses in Scottsdale so expensive?

Scottsdale is a seller’s market, which means that there are more buyers than available homes. Due to the scarcity of available homes in Scottsdale, sellers have an advantage. In a seller’s market, homes sell more quickly, and buyers must compete for a property.

Is Scottsdale real estate overvalued?

According to data by Moody’s Analytics, three housing markets within Arizona rank among the country’s most overvalued markets: Lake Havasu City-Kingman, Flagstaff, and Phoenix-Mesa-Scottsdale.

Why are Scottsdale homes so expensive?

The Scottsdale housing market is dealing with high demand and low supply. Sellers are well aware that they can command a premium for their homes because demand is the craziest it’s ever been. According to local Realtors, the Scottsdale housing market has joined the list of popular destinations.

What kind of houses are there in Scottsdale AZ?

In Scottsdale, most buildings are single detached homes, but large apartment buildings, small apartment buildings, and townhouses are also present in the housing stock. The median year of construction for dwellings in this city is 1995. This city is primarily composed of two bedroom and three bedroom homes.

How do I find real estate listings in Scottsdale AZ?

Zillow helps you find the newest Scottsdale real estate listings. By analyzing information on thousands of single family homes for sale in Scottsdale, Arizona and across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index for Scottsdale proper, its neighborhoods and surrounding areas.

Is it difficult to get around in Scottsdale?

It is very difficult for pedestrians to get around in Scottsdale as very few daily errands can be run on foot. What’s it like to live in Scottsdale? Scottsdale is excellent for those who like quiet surroundings, as the streets are especially peaceful.