Navi Title Agency

Scottsdale, AZ 85262

Single-Family Homes

Here is your weekly Market Update!



Scottsdale, AZ 85262

Mon Jun 17 2024
This week the median list price for Scottsdale, AZ 85262 is $2,388,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 251. 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

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 85262

Mon Jun 17 2024
This week the median list price for Scottsdale, AZ 85262 is $2,388,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 251. 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

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 $2,388,000
Median Price of New Listings $2,097,000
Per Square Foot $551
Average Days on Market 120
Median Days on Market 84
Price Decreased 49%
Price Increased 2%
Relisted 7%
Inventory 251
Median Rent
Market Action 31
Slight Seller's Advantage

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
$4,998,500 5,909 1 - 2.5 acres 4 5 7 1 7 91
$2,850,000 4,257 0.5 - 1 acre 4 5 19 5 1 91
$1,674,900 3,712 0.5 - 1 acre 4 4 20 5 7 84
$890,000 2,738 1 - 2.5 acres 4 3 10 3 7 70