The First American Title Market Report

Scottsdale, AZ

Single-Family Homes

Arizona Direct Operations



Scottsdale, AZ

Sat Jul 11 2020
This week the median list price for Scottsdale, AZ is $1,079,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 1,181. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Scottsdale, AZ

Sat Jul 11 2020
This week the median list price for Scottsdale, AZ is $1,079,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 1,181. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,079,000
Per Square Foot $308
Days on Market 146
Price Decreased 36%
Price Increased 4%
Relisted 5%
Inventory 1,181
Median Rent $3,500
Most Expensive $32,000,000
Least Expensive $56,000
Market Action 37
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
$2,924,900 5,997 1 - 2.5 acres 4 5 14 11 21 256
$1,450,000 4,402 0.5 - 1 acre 4 4 20 22 33 159
$825,000 3,050 0.25 - 0.5 acre 4 3 26 33 57 101
$559,250 2,099 8,000 - 10,000 sqft 3 2 35 56 75 66