Take a look at the list below to see the three hottest ZIPS in Arizona, according to the national data. All data posted is from September 2021.
1. Scottsdale ZIP 85266 has a median sale price of $1,093,500, a year-over-year increase of 36%. To give that some context, the overall median sale price of a home in Metro Phoenix is $332,000. It’s also important to note that 41% of homes in zip code 85266 sold over asking price.
2. Marana zip code 85658 has a median sale price of $485,851, a year-over-year increase of 27%. Important to note, 44% of homes in zip code 85658 sold over asking price.
3. Scottsdale zip code 85262 has a median sale price of $1,265,000, a year-over-year increase of 36%. Important to note that 32% of homes in zip code 85262 sold over asking price.
These communities are also likely gaining momentum because retirement is on the rise among older Americans. Exiting the workforce early? It’s possible. More than half (50.3%) of U.S adults aged 55 and up had left the labor force due to retirement as of the third quarter. This is up from 48.1% two years earlier. More than 3 million Americans have retired early due to the pandemic.
So many changes and decisions are being made to move and locate the perfect home and community are at the top of the list.
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Please reach out if you’re thinking of selling or buying. I’m licensed in Arizona & Tennessee! Two of the fastest growing places to live as of December 2021!