Navi Title Agency

Scottsdale, AZ 85262

Single-Family Homes

Here is your weekly Market Update!



Scottsdale, AZ 85262

Tue Jul 16 2024
This week the median list price for Scottsdale, AZ 85262 is $2,075,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 202. 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

Tue Jul 16 2024
This week the median list price for Scottsdale, AZ 85262 is $2,075,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has decreased to 202. 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 $2,075,000
Median Price of New Listings $867,000
Per Square Foot $518
Average Days on Market 137
Median Days on Market 112
Price Decreased 46%
Price Increased 2%
Relisted 10%
Inventory 202
Median Rent
Market Action 32
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$4,995,000 5,772 1 - 2.5 acres 4 5 4 0 6 119
$2,797,500 4,358 0.5 - 1 acre 4 5 18 2 9 112
$1,575,000 3,712 0.5 - 1 acre 4 4 19 0 4 98
$860,000 2,668 1 - 2.5 acres 4 3 16 4 5 98