Excerpt from:  Scottsdale real estate and news
.
October 21, 2007

Scottsdale Real Estate Median Home Price Trends

North Scottsdale and South Scottsdale median home prices for September 2007.

Scottsdale Median Home and Condo Prices

 Sept. '06Sept. '07Change
Greater Phoenix $  256,900  $   250,000 -2.70%
Scottsdale All $  580,000  $   535,000 -7.76%
South Scottsdale $  320,000  $   283,250 -11.48%
North Scottsdale $  678,000  $   647,000 -4.57%
Scottsdale Condos $  252,250  $   255,000 1.10%

Date from ASU Polytechnic, graphed by REALTOR, Artur Ciesielski, CCIM, CRS 602.628.4349

Just as the rest of the valley, median home prices for homes declined in both North Scottsdale and South Scottsdale.  Only condos in Scottsdale had a modest gain of 1.1% from last year.  A total of 246 home sold in September 2007, this is a decline of 32% from August 2007 (360 homes) and a 43% decline from the 430 home sold in September 2006.

by The Artur and Joanna Real Estate Team
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