North Scottsdale Opportunities

North Scottsdale, 85255 and 85260, for the past few years has seen very little appreciation in the $800,000 to $1.5mil price range. Both 2019 and 2018 saw average price per foot in this category rise less than 2%. Year to date we have seen an increase of 6%. This trend will probably continue as inventory get tighter in the interior city. New working at home models and a renewed appreciation for not being on top of your neighbor will also keep raising prices. This area could be one of the value plays in 2020.