Hot Markets  >>  Scottsdale, Arizona

Scottsdale Real Estate - Buying a Home in Scottsdale, Arizona

At the time of this writing (February 2007), Scottsdale, Arizona is one of the hottest real estate markets in the country. According to About.com: "Scottsdale ... is consistently named among the top cities in the country which to raise children, to retire, and is rated the number one resort community in America."

Scottsdale Geography

Scottsdale is located in Maricopa County. The city lies just east of Phoenix, in the south central part of the state. From a real estate standpoint, north Scottsdale is the most popular area. North Scottsdale is more developed than other areas of the state, and most of the city's golf courses are located there. For these reasons, north Scottsdale real estate is the most expensive.

Luxury Real Estate in Scottsdale

The real estate market in Scottsdale has plenty to offer those seeking luxury real estate. In fact, in 2005 Scottsdale was ranked in the top-ten markets for luxury home sales. This is partly what led the New York Times to give Scottsdale the nickname "Beverly Hills of the desert."

Scottsdale's Economy

Tourism is a large part of the Scottsdale's economy, accounting for more than 30% of the city's workforce. The technology sector also employs a lot of people in Scottsdale. Motorola has a research facility in Scottsdale, and web host GoDaddy also calls the city home.

Scottsdale Real Estate - The Golf Factor

You can't talk about Scottsdale, Arizona without talking about golf. The quantity and quality of golf courses in Scottsdale play a large part in the city's economy, bringing vacationers from all over the country. Golf is also a major influence on Scottsdale real estate, paving the way to an ever-growing number of luxury golf communities.

Education in Scottsdale

Schools play a major role in real estate values. So before buying a home in Scottsdale, it's important to learn about local schools. Most public schools in Scottsdale fall under the Scottsdale Unified School District, a nationally well-ranked school system. Scottsdale is also home to a community college and several vocational schools.

Neighborhoods in Scottsdale

Before investing in Scottsdale real estate, you should know everything you can about Scottsdale neighborhoods. In recent years, north Scottsdale has become the epicenter of resorts, restaurants and shopping. As a result, many residential communities have also sprung up in the northern part of the city.


Scottsdale Housing Prices

As of this writing, the average price for a new home in Scottsdale is about $400,000. The average price for a pre-owned home is about $260,000. The overall average is somewhere around $330,000.

More info on Scottsdale home values

More Resources on Scottsdale Real Estate

I've gathered the following resources to help you learn more about buying real estate in Scottsdale, Arizona.

Greater Phoenix Resale Home Market Continues Trend to Normalcy
Following a very typical pattern, the greater Phoenix resale market [of which Scottsdale is a part] has rebounded slightly in March 2006 with 7,265 sales.
Read the full article

City of Scottsdale Website
To learn about Scottsdale real estate, it helps to start with the city itself. Visit the city's official website for information on schools, neighborhoods, local news and more.
Go there now

Scottsdale Data on HomeGain.com
HomeGain.com offers you a quick and easy way to search for real estate agents, home, schools and more in Scottsdale, Arizona.
Go there now