• Below $100,000:
  • supply is down 63% from last year with REOs down 86%
  • pending listings 17% below last year, constrained by severe lack of supply
  • monthly sales rate is 27% below last year, constrained by severe lack of supply
  • this is a market that is extremely weighted in favor of sellers
  • $/SF sales pricing is up 10.7% from last year and up 2.7% in the last month
  • sales pricing is highest since August 2010

• Between $100,000 and $200,000
  • supply is down 44% from last year with REOs down 72%
  • pending listings 7% below last year, constrained by lack of supply
  • monthly sales rate is 1% above last year, constrained by lack of supply
  • this is a market that is heavily weighted in favor of sellers
  • $/SF sales pricing is up 4.1% from last year and up 2.3% in the last quarter
  • sales pricing is highest since June 2010

• Between $200,000 and $400,000
  • supply is down 25% from last year with REOs down 60%
  • pending listings 20% above last year
  • monthly sales rate is 7% above last year
  • contract ratio is a high 83.9
  • this is a market that is weighted in favor of sellers
  • $/SF sales pricing is up 2.3% from last year, but flat over the last quarter

• Between $400,000 and $800,000
  • supply is down 14% from last year with REOs down 46%
  • pending listings 3% above last year
  • monthly sales rate is 8% below last year
  • this is a market that is in balance
  • $/SF sales pricing is up 5.3% from last year and 3.4% in the last month
  • sales pricing is surprisingly strong, and at its highest since June 2009

• Above $800,000
  • supply is down 17% from last year with REOs down 42%, but supply is up 18% since August 2011
  • pending listings 1% below last year
  • monthly sales rate is 21% below last year
  • this is a market that is weighted in favor of buyers
  • $/SF sales pricing is down 8.4% from last year
  • sales pricing is still on a slight weakening trend

The amount of taxes you pay will vary based on where you live. Property taxes are the sum of state, county, municipal, school, and special district rates. There are also exemptions and rebates that may apply to your property. Questions on the tax liability for a specific property should be directed to the Office of the Maricopa County Assessor at 602-506-3406.

The Assessor’s Office will update the assessed value of the property every year. The Assessed Value is determined based on a computer analysis of information like previous sales in the neighborhood, view, lot size, and square footage, to name a few variables. If you do not agree with the Assessed Value, you may appeal to the Assessor’s Office by calling 602-506-3406.

Property taxes are billed to the homeowner (or mortgage company if your taxes are paid out of the escrow account) twice a year. You can either include property tax payments in your mortgage payments or pay property taxes separately.

Approximately 75% of your property tax goes directly to education.

The taxes are billed by and payable to the Maricopa County Treasurer. The taxes are billed in arrears, meaning that:
The second half of the previous year’s taxes is billed on March 1st, and payable before May 1st.
The first half of the current year’s taxes is billed on October 1st, payable before November 1st.

You can check the status of your property tax account at: http://www.maricopa.gov/Assessor/ParcelApplication/Default.aspx. Just enter your house number and the name of your street, or your parcel number if you know it. You will be able to check on the balance of the account as well as the specific assessments that contribute to your tax bill.

If you have any additional questions about Scottsdale property tax please contact us today!

Gorgeous 3 bed, 3.5 bath Mariposa Columbia townhome located in the DC Ranch Country Club in Scottsdale, AZ with beautiful Mountain VIEWS & backing to a grassy park. Features of this Scottsdale real estate include travertine flooring, cherry stained maple cabinetry, plantation shutters & stainless steel appliances. Spacious floorplan w/ 2 master suites (one downstairs), large family room w/ gas f/p & surround sound & charming kitchen that opens to private courtyard. All ensuite bedrooms w/ his-&-hers closets. Upstairs master suite w/ travertine counters, tub & shower, sitting area w/ custom built-ins & balcony w/ views of the McDowell Mtns. Outdoor living spaces include private gated courtyard w/ fountain & large flagstone back patio overlooking grassy park area. Great location w/in the community, short walk to the community pool & Market Street.

If you are interested in this property or other properties in DC Ranch please contact us today!  

Beautifully upgraded 2 bedroom, plus a den, 2 bathroom Camelot Courtyard with mountain VIEWS in gated DC Ranch in Scottsdale, AZ. Upgrades includes granite and marble countertops, travertine flooring, Alder cabinetry, stainless steel appliances, surround sound , and custom paint and window treatments. Spacious Plan 1 floorplan with high ceilings and approximately 1565 square feet of living space that features family room with gas fireplace, eat-in kitchen area leading to large balcony with VIEWS and den with custom built-ins. Outstanding community amenities include 2 community pools, spa, clubhouses, fitness center, Market Street, and more.

If you are interested in this property or other golf course communities in Arizona please contact us today!