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Scottsdale, AZ 85254

Single-Family Homes

Here is your weekly Market Update!


Scottsdale, AZ 85254

Fri Jun 02 2023
This week the median list price for Scottsdale, AZ 85254 is $949,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has decreased to 100. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Scottsdale, AZ 85254

Fri Jun 02 2023
This week the median list price for Scottsdale, AZ 85254 is $949,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has decreased to 100. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $949,500
Median Price of New Listings $847,000
Per Square Foot $430
Average Days on Market 74
Median Days on Market 42
Price Decreased 56%
Price Increased 2%
Relisted 7%
Inventory 100
Median Rent
Market Action 49
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,650,000 3,434 0.25 - 0.5 acre 5 3 38 2 4 35
$1,195,000 2,581 8,000 - 10,000 sqft 4 3 40 3 5 63
$875,000 2,197 0.25 - 0.5 acre 4 2 44 5 0 49
$749,900 1,930 0.25 - 0.5 acre 3 2 39 8 5 42