First Integrity Title Market Report

Scottsdale, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Scottsdale, AZ

Thu May 22 2025
This week the median list price for Scottsdale, AZ is $515,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 877. 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.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Scottsdale, AZ

Thu May 22 2025
This week the median list price for Scottsdale, AZ is $515,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 877. 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.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $515,000
Median Price of New Listings $499,600
Per Square Foot $387
Average Days on Market 115
Median Days on Market 77
Price Decreased 54%
Price Increased 1%
Relisted 8%
Inventory 877
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,295,000 2,206 0 - 4,500 sqft 3 2.5 17 15 11 91
$659,500 1,570 0 - 4,500 sqft 2 2 25 13 14 70
$430,000 1,218 0 - 4,500 sqft 2 2 38 15 21 70
$300,000 930 0 - 4,500 sqft 2 1 50 20 13 84