Clear Title Agency of Arizona

Scottsdale, AZ 85262

Single-Family Homes

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Scottsdale, AZ 85262

Fri Jul 01 2022
This week the median list price for Scottsdale, AZ 85262 is $1,998,999 with the market action index hovering around 46. This is less than last month's market action index of 52. Inventory has increased to 112. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Scottsdale, AZ 85262

Fri Jul 01 2022
This week the median list price for Scottsdale, AZ 85262 is $1,998,999 with the market action index hovering around 46. This is less than last month's market action index of 52. Inventory has increased to 112. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,998,999
Median Price of New Listings $1,524,500
Per Square Foot $518
Average Days on Market 60
Median Days on Market 42
Price Decreased 37%
Price Increased 4%
Relisted 5%
Inventory 112
Median Rent
Market Action 46
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,497,500 5,987 1 - 2.5 acres 4 5 17 4 1 52
$2,722,000 4,262 0.5 - 1 acre 4 4.5 17 2 3 31
$1,597,500 3,354 0.5 - 1 acre 4 3 20 4 5 38
$887,000 2,582 1 - 2.5 acres 4 2.5 17 8 3 31