Scottsdale resale numbers down...PRICES UP!

Fron the Arizona of Real Estate & Business Journal August 2007

While the Scottsdale resale home market declined from 535 to 420 recorded sales, the median sales price increased from last year's $615,000 to $617,000. The median resale home price is $711,000 ($683,000 in April) in North Scottsdale and $320,000 ($333,000 in April) in South Scottsdale. The townhouse/condominium sector in Scottsdale declined slightly from 305 to 295 sales, while the median sales price increased from $261,500 to $273,250