Single-Family Homes
Sat May 10 2025
This week the median list price for Scottsdale, AZ 85254 is $1,012,500 with the market action index hovering around 39. This is an increase over last month's market action index of 35. Inventory has increased to 184.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Median List Price | $1,012,500 | |
Median Price of New Listings | $950,000 | |
Per Square Foot | $444 | |
Average Days on Market | 77 | |
Median Days on Market | 42 | |
Price Decreased | 47% | |
Price Increased | 4% | |
Relisted | 8% | |
Inventory | 184 | |
Median Rent | ||
Market Action | 39 | |
Slight Seller's Advantage |
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,407,500 | 3,564 | 0.5 - 1 acre | 5 | 4 | 35 | 9 | 8 | 56 |
$1,250,000 | 2,712 | 0.25 - 0.5 acre | 4 | 3 | 39 | 0 | 15 | 52 |
$902,500 | 2,228 | 8,000 - 10,000 sqft | 4 | 2 | 41 | 5 | 6 | 35 |
$727,000 | 1,724 | 6,500 - 8,000 sqft | 3 | 2 | 40 | 10 | 12 | 35 |