In the summer of 2018, Seattle was leading the nation in real estate price increases, meaning that the cost of homes was going up faster in Seattle than anywhere else in the country. While this trend might be favorable for current homeowners, it’s a nightmare for those trying to buy their first home or upgrade to a larger space. Given the current state of housing prices in the Emerald City, it’s no surprise that people are looking to leave the area for cheaper housing. One of the biggest draws to living in Seattle is the plethora of high paying tech jobs, which actually contribute to the high cost of living. But the great news is that the tech industry has established a second homebase in the South West, with Scottsdale housing many of the same tech companies and job titles, with better weather and more affordable home prices.
Here are the top three reasons it might be time to relocate to Scottsdale from Seattle and finally buy a (bigger) house:
#1 Unbeatable Weather All Year
The weather in Scottsdale is so notoriously perfect, that it’s actually one of the “five C’s” on the Arizona state seal (as “climate”). With an average of 330 sunny days a year, the city’s culture is defined by the types and amounts of things you can do outdoors, all year long. Compared to Seattle’s 150 rainy days per year, life in Scottsdale is like getting an entire extra season of outdoor weather!
If you drive 10 minutes in any direction, you’ll wind up at a golf course, and Scottsdale has some of the most beautiful courses in the country. In fact, there are 51 golf courses in Scottsdale alone, and 220 in the greater Phoenix area. But golf isn’t the only way to spend time outside; Scottsdale has dozens of hiking trails that range from a gentle nature walk to intense, miles-long treks through the desert. Mountain biking is a popular sport in Scottsdale and the surrounding areas, and those who like to go boating on the weekends enjoy easy access to Saguaro Lake and Lake Bartlett.
The great weather is also the reason that Scottsdale hosts so many amazing events. Scottsdale and the greater Metro Phoenix area host 16 teams for spring training every year, including the San Francisco Giants, Anaheim Angels, and Chicago Cubs. Spring training season is a staple of Scottsdale culture, as is the Waste Management Open – a three day golf tournament that brings in some of the biggest names in golf. There are also weekly pool parties at local hotels and bars, one of the most diverse and engaging nightlife scenes in the country, and art walks, museums, and festivals. In other words, there is no shortage of things to do when you live in Scottsdale, and you never have to wait around for a sunny day to do them!
#2 The Tech Corridor
The Loop 101, affectionately called “the 101” by locals, is home to what is known as the “Tech Corridor.” The Tech Corridor starts in the north end of Scottsdale at the GoDaddy office and runs all the way south through South Scottsdale/Old Town, Tempe, Mesa, and Gilbert, ending at the eBay/Paypal campus. The Tech Corridor accounts for a huge portion of the 122,500 science, technology, engineering and math (STEM) jobs in the metro Phoenix area, according to CBRE data.
There are several reasons there are so many tech jobs in the valley. First, Scottsdale is only a short flight from Silicon Valley, San Francisco, and Seattle, so it is easy for headquarters to zip over and visit scottsdale. Second, Scottsdale is only about 10 minutes away from Arizona State University (ASU) which matriculates some of the most qualified graduates in the nation. It’s an obvious choice for companies who want to grow out their sales, customer service, IT, and productivity departments.
Some of the biggest tech companies in the country have offices in Scottsdale and neighboring Tempe and downtown Phoenix. Some of the coolest companies in the area are Microsoft, Yelp, SAP, ca, GainSight, Upgrade, GoDaddy, InfusionSoft, Carvana, Nextive, LifeLock, Plexus, RetailMeNot, DoubleDutch, eBay, Zenefits, Amazon, and ZipRecruiter. An added perk to working at a tech company in Scottsdale? The average STEM job in the Valley typically pays higher than for non-STEM jobs in the area, and health insurance and benefits are typically very favorable.
If you’ve been working in tech and want to stay in the startup world, but can’t afford home ownership in Seattle, then Scottsdale is a great place to start looking.
#3 Luxury Homes at Unbeatable Prices
In spite of Scottsdale’s incredible weather and the high density of tech jobs, real estate in Scottsdale is shockingly cheap – especially in comparison to Seattle. Transplants from the Pacific Northwest to the Valley typically find that they can not only afford a home in Scottsdale, but they can afford a larger, much higher quality home than they expected. This is especially true if you’re selling a home you already own a home in Seattle.
Real estate in Scottsdale ranges from comfortable 2 bedroom condos and townhouses prices in the mid-$200ks to sprawling 4 and 5 bedroom ranch houses and up to multimillion dollar mansions on acreage. There are homes available for purchase in just about every price range on a variety of lot sizes. There are even neighborhoods in Scottsdale zoned for horse ownership!
Scottsdale is geographically long, which accounts for some of why it is so culturally diverse. If you’re looking for more of a family oriented, outdoorsy, and luxury vibe, North Scottsdale is for you. Old Town Scottsdale has a younger feel with its vibrant nightlife, local breweries, farmers markets, and art walks. Tempe, just south of Scottsdale, is known for being home to ASU, voted most innovative university in the country by US News and World Report four years in a row. Just to the west of Scottsdale, Downtown Phoenix is a hub of art, food, and culture, with a burgeoning tech scene of its own.
The median home price in Scottsdale, according to Zillow, is $473,000. The average price per square foot in Scottsdale is only $249, compared to $512 per square foot in Seattle. These prices (and all the awesome perks of living in Scottsdale) are why so many people are leaving Seattle and investing in real estate in the Valley.
Relocating to Scottsdale with the Panozzo Team
Kim and Dave Panozzo have been living in Scottsdale since 1994 and specialize in helping families and individuals make the move to the Valley. Buying a home while living out of state can be stressful, which is why the Panozzo Team goes out of their way to make sure you feel confident about the homes you’re looking at with no surprises along the way. Whether you’re coming into town to check out the options or completing the purchase sight unseen, you can feel confident about the experience. To learn more about Scottsdale and the Panozzo Team, check out the team’s official YouTube channel.
Both Kim and Dave Panozzo are military veterans and are active supporters of veterans and the military community. Kim served in the US Air Force while Dave served in the Army, and their daughter currently serves in the Air Force. Both Kim and Dave’s parents and grandparents actively served. The Panozzo Team works with and supports veterans and their families, and understands the unique needs of military families when buying and selling homes. Contact the Panozzo Team to learn more about real estate in Scottsdale.