Quarter 3 2009 - the 10 Highest Priced Zip codes in Maiccopa County AZ

The Arizona Regional MLS statistics for Quarter 3 2009 in Maricopa County compute an average sales price of properties across the valley of $ 182,200 in Quarter 3 2009. This was an increase from the average sales price of $ 174,900 in Quarter 2 of 2009.The market values are finally increasing. The numbers indicate that the bottom of the market was April 2009. The first time home buyer tax credit, low prices and historically low interest rates have all contributed to an increased consumer confidence stimulating the real estate recovery.

Below are the zip codes with the top 10 highest Average Prices for Quarter 3—2009.

AZ Regional Multiple Listing System (ARMLS)
Top 10 Most Expensive Zip Codes Quarter 3, 2009
(more than 20 sales in the quarter)

City Zip Average price

1. Paradise Valley 85253 @ $1,711,400
2. Scottsdale 85262 @ $ 724,000
3. Scottsdale 85266 @ $ 638,200
4. Scottsdale 85255 @ $ 572,600
5. Scottsdale 85257 @ $ 557,900
6. Scottsdale 85268 @ $ 372,100
7. Phoenix 85045 @ $ 364,100
8. Scottsdale 85258 @ $ 360,700
   
9. Scottsdale 85260 @ $ 351,100
10. Scottsdale 85263 @ $ 350,500

Prices by zip code as computed by ARMLS are available for all zip codes in Maricopa and Pinal Conties.
Feel free to contact us for details of the other zip codes

The extension and expansion of the Tax Credit will continue to stimulate the real estate market with a goal of creating housing market self-sustainability. Today the pool of renters that can qualify to purchase a median priced home is over 16 million. This is definitely enough potential buyers to put a significant dent in to home value stabilization. It is a win-win situation for both buyers and sellers.

Search the Arizona MLS for properties in:

• Paradise Valley 85253
• Scottsdale 85262
• Scottsdale 85266
• Scottsdale 85255
• Scottsdale 85257
• Scottsdale 85268
• Phoenix 85045
• Scottsdale 85258
• Scottsdale 85260
• Scottsdale 85263
• The Phoenix Metro Area Map Search