Arizona's Most Current Market Reports

Scottsdale, AZ

Single-Family Homes

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Scottsdale, AZ

Mon Jan 24 2022
This week the median list price for Scottsdale, AZ is $1,675,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has decreased to 307. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Scottsdale, AZ

Mon Jan 24 2022
This week the median list price for Scottsdale, AZ is $1,675,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has decreased to 307. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,675,000
Median Price of New Listings $1,099,000
Per Square Foot $468
Average Days on Market 100
Median Days on Market 56
Price Decreased 19%
Price Increased 12%
Relisted 4%
Inventory 307
Median Rent $5,500
Market Action 65
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$4,837,500 6,801 1 - 2.5 acres 5 5.8 14 7 5 108
$2,295,000 4,375 0.5 - 1 acre 4 4 21 16 12 63
$1,224,900 2,837 0.25 - 0.5 acre 4 2.5 26 24 30 28
$678,900 2,128 6,500 - 8,000 sqft 4 2 26 26 28 42