The First American Title Market Report

Scottsdale, AZ

Single-Family Homes

Arizona Direct Operations



Scottsdale, AZ

Tue Oct 20 2020
This week the median list price for Scottsdale, AZ is $1,250,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 983. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Scottsdale, AZ

Tue Oct 20 2020
This week the median list price for Scottsdale, AZ is $1,250,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 983. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,250,000
Per Square Foot $330
Days on Market 116
Price Decreased 31%
Price Increased 6%
Relisted 5%
Inventory 983
Median Rent $4,000
Most Expensive $27,500,000
Least Expensive $339,000
Market Action 45
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,100,000 6,387 1 - 2.5 acres 5 5 14 20 15 200
$1,698,500 4,537 0.5 - 1 acre 4 4 18 32 26 137
$935,500 3,323 0.25 - 0.5 acre 4 3 22 40 52 73
$620,000 2,163 8,000 - 10,000 sqft 3 2 31 55 68 52