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Scottsdale housing market data illustrates bucking of trends, confirmation of others

A view of picturesque housing found in the central region of Valley of the Sun. Scottsdale real estate trends confirm some thoughts of the popular consciousness while it is bucking some preconceived notions. / Josh Martinez / Independent Newsmedia

By Terrance Thornton | Scottsdale Independent

The tale of Scottsdale real estate could be one of its typical predominance over the surrounding metropolitan area, but more accurately housing experts contend, the truth is closer to one of segmentation rather than across-the-board affluence.

Over the last five years data shows a stable Scottsdale housing market with average sale point, price per square foot and the overall amount of money spent annually seeing steadyincrease.

While trends continue to shape the perspective of the American housing market embedded in those data points two empirical trends in Scottsdale are bucking the current mantra:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.