First Integrity Title Market Report

Scottsdale, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Scottsdale, AZ

Fri Mar 31 2023
This week the median list price for Scottsdale, AZ is $529,495 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 472. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Scottsdale, AZ

Fri Mar 31 2023
This week the median list price for Scottsdale, AZ is $529,495 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 472. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $529,495
Median Price of New Listings $524,700
Per Square Foot $382
Average Days on Market 87
Median Days on Market 49
Price Decreased 48%
Price Increased 1%
Relisted 6%
Inventory 472
Median Rent
Market Action 39
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
$1,125,000 2,164 0 - 4,500 sqft 3 2.5 15 15 9 42
$648,500 1,632 0 - 4,500 sqft 2 2 23 16 16 56
$455,100 1,302 0 - 4,500 sqft 2 2 39 19 11 49
$324,499 951 0 - 4,500 sqft 2 2 43 13 14 56