Navi Title Agency

Scottsdale, AZ 85250

Single-Family Homes

Here is your weekly Market Update!


Scottsdale, AZ 85250

Sat Jul 27 2024
This week the median list price for Scottsdale, AZ 85250 is $899,945 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 50. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Scottsdale, AZ 85250

Sat Jul 27 2024
This week the median list price for Scottsdale, AZ 85250 is $899,945 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 50. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $899,945
Median Price of New Listings $890,000
Per Square Foot $464
Average Days on Market 88
Median Days on Market 67
Price Decreased 56%
Price Increased 2%
Relisted 4%
Inventory 50
Median Rent
Market Action 38
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
$1,275,000 2,814 8,000 - 10,000 sqft 4 3 42 2 2 77
$1,000,000 2,107 6,500 - 8,000 sqft 3 2.3 59 2 0 73
$840,000 2,149 6,500 - 8,000 sqft 3 2 61 3 1 56
$699,990 1,522 6,500 - 8,000 sqft 3 2 58 2 2 49