Lawyers Title Market Report

Scottsdale, AZ 85260

Single-Family Homes

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Scottsdale, AZ 85260

Mon Jun 21 2021
This week the median list price for Scottsdale, AZ 85260 is $919,950 with the market action index hovering around 83. This is an increase over last month's market action index of 79. Inventory has increased to 38. 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 been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Scottsdale, AZ 85260

Mon Jun 21 2021
This week the median list price for Scottsdale, AZ 85260 is $919,950 with the market action index hovering around 83. This is an increase over last month's market action index of 79. Inventory has increased to 38. 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 been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $919,950
Median Price of New Listings $812,500
Per Square Foot $360
Average Days on Market 35
Median Days on Market 11
Price Decreased 29%
Price Increased 5%
Relisted 0%
Inventory 38
Median Rent $4,000
Market Action 83
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$2,195,000 4,280 1 - 2.5 acres 5 4 25 1 1 35
$1,250,000 2,770 0.5 - 1 acre 4 3 42 5 3 7
$771,500 2,432 8,000 - 10,000 sqft 4 2 29 3 5 10
$614,950 1,833 4,500 - 6,500 sqft 3 2 32 5 2 3