Old Republic Title Market Report

Scottsdale, AZ

Single-Family Homes

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Scottsdale, AZ

Thu Feb 27 2020
This week the median list price for Scottsdale, AZ is $1,175,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 1318. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Scottsdale, AZ

Thu Feb 27 2020
This week the median list price for Scottsdale, AZ is $1,175,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 1318. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,175,000
Per Square Foot $309
Days on Market 144
Price Decreased 36%
Price Increased 4%
Relisted 5%
Inventory 1,318
Median Rent $3,500
Most Expensive $32,000,000
Least Expensive $174,000
Market Action 34
Slight Seller's Advantage

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$2,995,000 6,198 1 - 2.5 acres 4 5 13 7 14 246
$1,499,000 4,514 0.5 - 1 acre 4 4 19 23 32 153
$899,000 3,369 0.25 - 0.5 acre 4 3 23 29 33 103
$575,000 2,183 8,000 - 10,000 sqft 3 2 31 56 69 70