2020 Sold McCormick Ranch Homes
The number of 2020 McCormick Ranch homes sold was 1,224 which was 8 more sold homes than total McCormick Ranch home sales during 2019. Active McCormick Ranch homes for sale listing inventory still remains low for the fifth consecutive year.
In comparison to McCormick Ranch homes sold in 2019, 2020 McCormick Ranch homes sold averaged in sale price, approximately 14.2% higher, with average days on market decreasing from 66 days in 2019 to 52 days in 2020. Additionally, inventory levels leaving 2020 are lower than we’ve ever seen, averaging in most communities, below 1%. With Covid-19 still very present in Maricopa County, we believe it is contributing to the low inventory levels. The highly ranked McCormick Ranch schools as well as the close proximity to the center of Scottsdale both help to keep family demand for McCormick Ranch housing higher.
McCormick Ranch real estate is a very large Scottsdale community and we feel McCormick Ranch homes have very good value due to the close proximity to Old Town Scottsdale. The McCormick Ranch Golf Club and Old Town Scottsdale are two of the key features core to the community. The McCormick Ranch property that we follow lies south of East Shea Boulevard and north of East Chaparral Road with North Hayden Road running down the middle. Scottsdale Road is on the west side and Pima Road is on the east side. These McCormick Ranch homes will include all homes in this area with exception to the homes in Gainey Ranch. Below are general McCormick Ranch homes sales numbers for the 2020 year:
2020 McCormick Ranch Homes Sold Details
Homes Closed: 1,224
Average List Price ($/SF): $277.17
Average Sale Price ($/SF): $272.45
Average Days on Market: 52
Click here to view details for McCormick Ranch home sales during the year of 2020.