Clear Title Agency of Arizona

Scottsdale, AZ 85258

Single-Family Homes

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Scottsdale, AZ 85258

Fri Jul 01 2022
This week the median list price for Scottsdale, AZ 85258 is $1,337,500 with the market action index hovering around 59. This is less than last month's market action index of 70. Inventory has increased to 60. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Scottsdale, AZ 85258

Fri Jul 01 2022
This week the median list price for Scottsdale, AZ 85258 is $1,337,500 with the market action index hovering around 59. This is less than last month's market action index of 70. Inventory has increased to 60. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,337,500
Median Price of New Listings $1,250,000
Per Square Foot $507
Average Days on Market 35
Median Days on Market 21
Price Decreased 55%
Price Increased 7%
Relisted 7%
Inventory 60
Median Rent
Market Action 59
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,977,000 3,484 0.25 - 0.5 acre 4 3 37 2 2 35
$1,475,000 2,781 0.25 - 0.5 acre 4 2.5 37 2 0 21
$1,175,000 2,252 8,000 - 10,000 sqft 3 2 41 3 2 35
$899,000 2,114 6,500 - 8,000 sqft 3 2 39 3 1 21