McCormick Ranch Area 85258 Monthly Statistical Report

McCormick Ranch Area 85258 Monthly Statistical Report*

The McCormick Ranch Area 85258 Monthly Statistical Report stated that total year-to-date home sales in McCormick Ranch are roughly the same as last year.Each month, we will look at a specific Scottsdale zip code for residential homes.  This month’s zip code is 85258 McCormick Ranch.  This seems to be one of the fastest selling zip codes in Scottsdale.  The McCormick Ranch area offers plenty of good buys in a friendly price range!

For Single Family Residences

Overall ACTIVE Properties: 179 / Low $357K / Average Price $834K
Under Contract with Contingencies: 31 / Low $$325K / Average $637K
Under Contract Contingent to the Selling of Buyer’s Home: 5 / Low $439K / Average: $592K
Pending Sale: 38 / Low $372K / Average $562K

Sold Properties in the Last 6 Months: 154 / Low $307K / Average $601K (High $3.1M)
Sold Properties Last Year (same 6-month period): 155 / Low $267k / Average $595K

Absorption Rate: If no other homes come on the market from today on, there are enough homes to last 9.66 months on average.  As you know, homes are listed and sold every day, so this will change as the inventory changes.

* For past Market Update Statistics, please visit

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About Scottsdale Victoria

Victoria Felice is a Broker Associate at Realty One Group and provides upscale home buyer and home sellers services in the Scottsdale and Paradise Valley area. Call or text Victoria today at 602-359-5432.

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