Lawyers Title Market Report

Scottsdale, AZ 85250

Single-Family Homes

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Scottsdale, AZ 85250

Mon Jun 21 2021
This week the median list price for Scottsdale, AZ 85250 is $775,000 with the market action index hovering around 79. This is less than last month's market action index of 85. Inventory has held steady at or around 19. Click here to stay informed with the Scottsdale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Scottsdale, AZ 85250

Mon Jun 21 2021
This week the median list price for Scottsdale, AZ 85250 is $775,000 with the market action index hovering around 79. This is less than last month's market action index of 85. Inventory has held steady at or around 19. Click here to stay informed with the Scottsdale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $775,000
Median Price of New Listings $787,500
Per Square Foot $410
Average Days on Market 18
Median Days on Market 7
Price Decreased 11%
Price Increased 5%
Relisted 5%
Inventory 19
Median Rent $5,000
Market Action 79
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,175,000 3,971 8,000 - 10,000 sqft 4 3 26 1 1 10
$885,000 2,305 6,500 - 8,000 sqft 3 2 42 3 1 0
$676,000 1,858 6,500 - 8,000 sqft 3 2 59 2 2 28
$558,000 1,384 6,500 - 8,000 sqft 3 2 57 2 1 7