Single-Family Homes
Fri Mar 28 2025
This week the median list price for Scottsdale, AZ is $1,677,500 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 1,530.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.
Median List Price | $1,677,500 | |
Median Price of New Listings | $1,287,500 | |
Per Square Foot | $518 | |
Average Days on Market | 110 | |
Median Days on Market | 56 | |
Price Decreased | 51% | |
Price Increased | 2% | |
Relisted | 6% | |
Inventory | 1,530 | |
Median Rent | ||
Market Action | 33 | |
Slight Seller's Advantage |
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$4,492,500 | 5,575 | 0.5 - 1 acre | 4 | 5 | 18 | 21 | 15 | 94 |
$2,100,000 | 3,754 | 0.5 - 1 acre | 4 | 4 | 26 | 44 | 31 | 56 |
$1,264,999 | 2,734 | 0.25 - 0.5 acre | 4 | 3 | 31 | 53 | 41 | 56 |
$750,000 | 1,824 | 6,500 - 8,000 sqft | 3 | 2 | 41 | 60 | 46 | 42 |