Source: The Arizona Republic | azcentral.com
Jun. 30, 2012 08:22 AM
Scottsdale's median home price in May of $411,654 jumped 19 percent, the largest year-over-year increase since the market collapsed five years ago.
The latest monthly report from the Arizona State University Center for Real Estate Theory and Practice showed price increases for four of six Northeast Valley communities, from 10 percent in Fountain Hills to 15.6 percent in Carefree and 36.7 percent in Cave Creek.
Paradise Valley's median home price of $965,000 declined 12 percent, while Rio Verde's dropped 11.6 percent to $274,000.
Scottsdale's average price per square foot of $194.22 for single-family home was up 13 percent from May 2011.
Scottsdale's median condominium price of $170,000 increased 29 percent over a year ago.
Jun. 30, 2012 08:22 AM
Scottsdale's median home price in May of $411,654 jumped 19 percent, the largest year-over-year increase since the market collapsed five years ago.
The latest monthly report from the Arizona State University Center for Real Estate Theory and Practice showed price increases for four of six Northeast Valley communities, from 10 percent in Fountain Hills to 15.6 percent in Carefree and 36.7 percent in Cave Creek.
Paradise Valley's median home price of $965,000 declined 12 percent, while Rio Verde's dropped 11.6 percent to $274,000.
Scottsdale's average price per square foot of $194.22 for single-family home was up 13 percent from May 2011.
Scottsdale's median condominium price of $170,000 increased 29 percent over a year ago.
No comments:
Post a Comment