Navi Title Agency

Scottsdale, AZ 85257

Single-Family Homes

Here is your weekly Market Update!


Scottsdale, AZ 85257

Fri Jun 02 2023
This week the median list price for Scottsdale, AZ 85257 is $749,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has increased to 48. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Scottsdale, AZ 85257

Fri Jun 02 2023
This week the median list price for Scottsdale, AZ 85257 is $749,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has increased to 48. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $749,000
Median Price of New Listings $600,000
Per Square Foot $419
Average Days on Market 84
Median Days on Market 53
Price Decreased 56%
Price Increased 2%
Relisted 10%
Inventory 48
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$878,450 2,138 6,500 - 8,000 sqft 3 2 64 2 0 77
$782,450 1,735 6,500 - 8,000 sqft 3 2 63 1 1 45
$697,500 1,637 6,500 - 8,000 sqft 3 2 63 1 2 38
$599,000 1,500 4,500 - 6,500 sqft 3 2 62 7 4 35