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Zillow Scottsdale AZ

The median home value in Scottsdale is $416, 900. Scottsdale house values have gone up 3.5per cent over the past year and Zillow predicts they will certainly rise 1.5percent over the following year. The median listing cost per square foot in Scottsdale is $242, that is greater than the Phoenix Metro average of $144. The median price of domiciles currently placed in Scottsdale is $584, 450.

Foreclosures would be an issue impacting home values within the next years. In Scottsdale 0.5 houses tend to be foreclosed (per 10, 000). It is below the Phoenix Metro worth of 1.1 and below the nationwide value of 1.4

Home loan delinquency is the first rung on the ladder in foreclosure process. This is how a homeowner doesn't make home financing repayment. The percent of delinquent mortgages in Scottsdale is 0.0%, which can be lower than the national worth of 0.0%. With U.S. home values having fallen by a lot more than 20per cent nationally from their particular peak in 2007 until their particular trough in belated 2011, many home owners are actually underwater to their mortgages, indicating they owe above their home is really worth. The per cent of Scottsdale home owners underwater on the mortgage is 0.1per cent, which will be less than Phoenix Metro at 0.1per cent.

Source: www.zillow.com
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