Scottsdale home prices rise as you move from
south to north through the city. Median Scottsdale home prices range
from about $140,000 in South Scottsdale to $450,000 in the North near
the McDowell Mountains and Pinnacle Peak areas.
estate sales statistics for 2002 show average Scottsdale home prices
were $390,700 for single family homes, just under $260,000 for patio
homes and slightly over $175,000 for townhomes. Scottsdale home prices
overall rose 12.7% in 2002
older South section of the city, it is possible to find Scottsdale home
prices in the affordable range of $120,000 to $220,000 for homes built
in the 1950s and 60s. Scottsdale home prices could be on the rise in
this area as the city encourages renovation of older homes. South Scottsdale
also may become more desirable due to its proximity to Tempe Town Lake.
move toward the Central part of the city, Scottsdale home prices rise
to a median price of $268,000. The homes in this part of the city were
built in the 1960s through the 1980s. Scottsdale home prices here start
around $180,000 for an affordable single family home.
Scottsdale home prices in North Scottsdale
can start at about $190,000, but jump for homes in the newer master
planned communities. The majority of the homes in North Scottsdale were
built after 1990. A number of the oldest homes in this area are being
updated and even enlarged with room additions. The most affordable Scottsdale
home prices in the North will be found closest to the city.
Scottsdale subdivisions offering Scottsdale home prices around or under
$200,000 include Arizona Silverado (built between 1997 and 2000) and
Ladera and Premiere at Pinnacle Peak (built in the early 90s.) Single
family homes in these subdivisions include two-story and single-level
models, with up to four bedrooms.
Scottsdale home prices for condominium and
townhome properties start at around $60,000 and also rise as you travel
North. Scottsdale home prices for condos and townhomes can go as high
as $1 million. Units range in size from 1000 square feet to 4000 square
feet. The Salida Del Sol gated condominium community in the McDowell
Mountain Ranch area offers units that start at $160,000.