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Scottsdale, AZ 85257

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Scottsdale, AZ 85257

Fri Jan 21 2022
This week the median list price for Scottsdale, AZ 85257 is $690,000 with the market action index hovering around 72. This is an increase over last month's market action index of 68. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Scottsdale, AZ 85257

Fri Jan 21 2022
This week the median list price for Scottsdale, AZ 85257 is $690,000 with the market action index hovering around 72. This is an increase over last month's market action index of 68. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $690,000
Median Price of New Listings $625,000
Per Square Foot $367
Average Days on Market 57
Median Days on Market 28
Price Decreased 33%
Price Increased 10%
Relisted 10%
Inventory 21
Median Rent $2,745
Market Action 72
Strong Seller's Market

We continue to see prices in this zip code bounce around this 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
$808,500 2,350 6,500 - 8,000 sqft 4 4 62 0 1 112
$757,000 2,203 6,500 - 8,000 sqft 4 2 63 2 1 28
$650,000 1,751 6,500 - 8,000 sqft 4 2 62 2 2 14
$571,950 1,496 6,500 - 8,000 sqft 3 2 61 3 3 17