Prices were up slightly for Scottsdale condominiums in January, but existing-home prices fell 8 percent from a year ago, according to the latest monthly report from Arizona State University Realty Studies.
- Valley's priciest home sales for 2011 | Photos
Foreclosures were down for homes and condos and traditional home sales were up 20 percent.
The Valley's overall median price was $131,660 for homes and $85,000 for condominiums and townhouses.
January 2011
Home sales: 460 (up 12 percent)
Price: $341,195 (down 8.3 percent)
Traditional sales: 325 (up 20 percent)
Price: $370,000 (down 12 percent)
Foreclosures: 135 (down 3.6 percent)
Price: $286,080 (down 0.8 percent)
Condo sales: 270 (no change)
Price: $146,825 (up 1.3 percent)
Traditional sales: 180 (up 2.86 percent)
Price: $146,750 (up 1.2 percent)
Foreclosures: 90 (down 5.3 percent)
Price: $149,770 (up 3.3 percent)
January 2010
Home sales: 410
Price: $372,000
Traditional sales: 270
Price: $420,000
Foreclosures: 140
Price: $288,500
Condo sales: 270
Price: $144,970
Traditional sales: 175
Price: $144,975
Foreclosures: 95
Median: $144,985
by Peter Corbett The Arizona Republic Feb. 22, 2011 09:21 AM
Scottsdale condo prices increase in January