Clear Title Agency of Arizona

Scottsdale, AZ 85254

Single-Family Homes

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Scottsdale, AZ 85254

Fri Jan 21 2022
This week the median list price for Scottsdale, AZ 85254 is $1,150,000 with the market action index hovering around 88. This is an increase over last month's market action index of 85. Inventory has decreased to 21. 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 85254

Fri Jan 21 2022
This week the median list price for Scottsdale, AZ 85254 is $1,150,000 with the market action index hovering around 88. This is an increase over last month's market action index of 85. Inventory has decreased to 21. 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 $1,150,000
Median Price of New Listings $820,000
Per Square Foot $372
Average Days on Market 49
Median Days on Market 28
Price Decreased 24%
Price Increased 5%
Relisted 5%
Inventory 21
Median Rent $6,990
Market Action 88
Strong Seller's Market

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

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
$1,870,000 3,850 0.5 - 1 acre 5 3 44 0 2 28
$1,350,000 3,300 0.5 - 1 acre 4 3 44 1 4 28
$880,000 2,344 0.25 - 0.5 acre 4 2 43 2 6 14
$726,249 2,313 0.25 - 0.5 acre 3 2.3 39 2 4 38