Old Republic Title Market Report

Scottsdale, AZ

Single-Family Homes

www.ortc.com | 602-631-3755



Scottsdale, AZ

Sun Apr 05 2020
This week the median list price for Scottsdale, AZ is $1,025,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 1417. 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

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

Sun Apr 05 2020
This week the median list price for Scottsdale, AZ is $1,025,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 1417. 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

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 $1,025,000
Per Square Foot $306
Days on Market 129
Price Decreased 39%
Price Increased 3%
Relisted 4%
Inventory 1,417
Median Rent $4,500
Most Expensive $32,000,000
Least Expensive $138,000
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,762,500 5,856 1 - 2.5 acres 4 5 14 13 14 242
$1,381,431 4,303 0.5 - 1 acre 4 4 20 22 28 143
$822,450 3,071 0.25 - 0.5 acre 4 3 24 51 42 82
$535,000 2,027 8,000 - 10,000 sqft 3 2 37 78 41 48