Scottsdale Home Prices Fall

The average price for a home in Scottsdale fell to $557,500 from $593,000 just one year ago. The real estate shakeout is hitting Scottsdale where it hurts. But with median house values still over half-a-million clams and people clamoring to get here, there is little doubt that the long-term Scottsdale real estate market will remain a desirable and profitable place to bake or make a few clams.