The First American Title Market Report

Scottsdale, AZ

Single-Family Homes

Arizona Direct Operations



Scottsdale, AZ

Thu Jan 23 2020
This week the median list price for Scottsdale, AZ is $1,122,000 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 1370. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Scottsdale, AZ

Thu Jan 23 2020
This week the median list price for Scottsdale, AZ is $1,122,000 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 1370. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,122,000
Per Square Foot $300
Days on Market 149
Price Decreased 37%
Price Increased 3%
Relisted 5%
Inventory 1,370
Median Rent $4,900
Most Expensive $32,000,000
Least Expensive $215,000
Market Action 33
Slight Seller's Advantage

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$2,950,000 6,109 1 - 2.5 acres 4 5 13 19 12 233
$1,480,000 4,571 0.5 - 1 acre 4 4 19 27 27 172
$889,900 3,346 0.25 - 0.5 acre 4 3 23 47 28 114
$546,000 2,128 8,000 - 10,000 sqft 3 2 33 54 58 75