Scottsdale Housing Market Still Zooming and Still Affordable

Thanks to the national housing boom, bargains are becoming increasingly hard to find. Investors and buyers unwilling to purchase in an overpriced real estate market are forced to look at other markets in order to find deals. For those looking for sunshine, warmth and affordability, they need look no further than the Scottsdale housing market.

The Scottsdale housing market has suddenly sprung to life after being overlooked for a long time. In one year alone, the price of Scottsdale housing has increased by 30.5 percent and a total of 67.3 percent over the last five years. Despite these huge jumps, Scottsdale housing is still cheap at a median price of $169,400.

The Scottsdale housing market may be a latecomer to the real estate boom, but its once lagging home values are now soaring. Yet they still have not come near the price range of homes in Florida and California, making Scottsdale housing a relatively good bargain with room for increases in value.