High Priced Homes In Scottsdale Arizona

Our resort town, Scottsdale Arizona, is becoming less and less affordable...

The Scottsdale Arizona Republic reports that it now takes an annual income of at least $103,200 to qualify for a home costing $667,450, the median sales price in August for houses north of Indian Bend Road in North Scottsdale.

Citywide, the Scottsdale median sales price was $555,000, according to the latest report from the Arizona Real Estate Center at ASU. A buyer would need an income of nearly $90,000 per year to afford that $555,000 Scottsdale home. The income estimates show just how difficult it is for middle class buyers to afford homes in Scottsdale Arizona, our resort town. More...