Is now a good time to sell my house in Old Town Scottsdale?

For most Old Town Scottsdale owners, the calendar that matters is their own. A sale works best when it fits your next move, your finances and the condition of the house.

If you want a market signal, compare recent sales of homes like yours in Old Town Scottsdale with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Old Town Scottsdale house as-is or fix it up first?

Make the inexpensive, visible repairs an inspector would flag, and skip the big projects. Sell as-is when the work would cost more, or take longer, than it would add.

Old Town Scottsdale is a mix of older and newer homes. In our sample, 13 of 21 were built in 1980 or earlier, so an older house competes with newer ones and its condition shows. Older homes there hold more of their value against new construction than the Arizona median, 29.9 percent against 24.9 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Old Town Scottsdale house off-market?

Privacy, no repairs and a closing date you choose.

  • No public listing. No MLS listing, no listing photos and no open house.
  • The house as it stands. No repairs, no staging and no deep clean before closing.
  • Your date. Close in a few weeks or a few months, whichever suits your next move.
  • One counterpart. You deal with one buyer, not a run of showings and counteroffers.

The cost is fewer buyers bidding. On the open market, competition can push a price higher, so it is worth weighing both routes. Should I Sell My House Off-Market? explains how.

What does it cost to sell a house in Old Town Scottsdale?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How fast can I sell my house in Old Town Scottsdale?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Arizona’s closing documents set the floor.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

How does selling my Old Town Scottsdale house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

What if my Old Town Scottsdale house isn’t selling?

Look at price, condition and exposure, in that order. Few showings usually mean price, and showings without offers usually mean condition.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in Old Town Scottsdale?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Arizona can explain the rest. More in How Do I Sell a House I Inherited?

How does Old Town Scottsdale compare with nearby neighborhoods?

Arcadia and Camelback East, 4 miles away, shows 33 older homes among the 53 we sampled. Paradise Valley, 4 miles away, has 31 older homes among the 51 we sampled. McCormick Ranch and Gainey Ranch, 5 miles away, counts three older homes among the five we sampled. Old Town Scottsdale ranks 44th nationally for older homes, behind two of them.

Every neighborhood in the index has its own page, and the Arizona page lists all 44 in the state.

Do older homes in Old Town Scottsdale sell for less than new construction?

In our sample, yes. The average price of older homes in 85251 was 29.9 percent of the average price of new construction in the same ZIP code. The Arizona median is 24.9 percent, and the index median is 23.1 percent.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Old Town Scottsdale by the numbers

Older homes
13
of 21 homes sampled, built 1980 or earlier
Share of older homes
61.9%
Arizona 57.6%. Index 49.0%.
Older vs new
29.9%
Older home price as a share of new construction
National rank
#44
of 1,192 ZIP codes
State rank
#6
of 44 in Arizona
Minimum lot
3,818 sq ft
As recorded in the source data

Of the 21 homes in the Address District sample for Old Town Scottsdale (85251), 13 were built in 1980 or earlier, a share of 61.9 percent. That places 85251 44th of 1,192 ZIP codes nationally for the number of older homes, and sixth of 44 in Arizona.

Across the 44 Arizona ZIP codes in the index, 57.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

How 85251 compares

Share of older homes

Homes in the sample built in 1980 or earlier

85251 Old Town Scottsdale61.9%
Arizona57.6%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

85251 Old Town Scottsdale29.9%
Arizona median24.9%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
85018Arcadia / Camelback EastPhoenix, AZ4 mi662.3%
85253Paradise Valley CoreParadise Valley, AZ4 mi1060.8%
85258McCormick Ranch / Gainey RanchScottsdale, AZ5 mi33760.0%
85016Biltmore / Camelback EastPhoenix, AZ7 mi51166.7%
85260Scottsdale Airpark / Cactus CorridorScottsdale, AZ8 mi7883.3%
85259Ancala / Shea CorridorScottsdale, AZ8 mi31942.9%
85028Paradise Valley Village / Shea CorridorPhoenix, AZ8 mi550100.0%
85254Kierland / Scottsdale Airpark / Magic ZIPScottsdale, AZ9 mi1785.2%

The top of Arizona

State rankZIPPlaceHomesOlder homesShare
185018Arcadia / Camelback EastPhoenix, AZ533362.3%
285253Paradise Valley CoreParadise Valley, AZ513160.8%
385254Kierland / Scottsdale Airpark / Magic ZIPScottsdale, AZ272385.2%
485262Troon / Desert MountainScottsdale, AZ382052.6%
586406Lake Havasu CityMohave County, AZ201575.0%
785255North Scottsdale / DC Ranch / SilverleafScottsdale, AZ581119.0%
885266North Scottsdale / Pinnacle PeakScottsdale, AZ161168.8%
985260Scottsdale Airpark / Cactus CorridorScottsdale, AZ121083.3%
1085268Fountain HillsMaricopa County, AZ14750.0%
1185142Queen CreekMaricopa County, AZ12758.3%

All 44 Arizona ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.