First American Title Market Report

Scottsdale, AZ 85255

Single-Family Homes



Scottsdale, AZ 85255

Sat Apr 13 2024
This week the median list price for Scottsdale, AZ 85255 is $2,249,750 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 278. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Scottsdale, AZ 85255

Sat Apr 13 2024
This week the median list price for Scottsdale, AZ 85255 is $2,249,750 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 278. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $2,249,750
Median Price of New Listings $1,962,500
Per Square Foot $589
Average Days on Market 108
Median Days on Market 70
Price Decreased 51%
Price Increased 3%
Relisted 6%
Inventory 278
Median Rent
Market Action 34
Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

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
$7,000,000 6,841 1 - 2.5 acres 5 6 12 8 4 91
$2,799,000 4,295 0.5 - 1 acre 4 5 24 3 4 77
$1,850,000 3,471 0.25 - 0.5 acre 4 4 23 7 7 63
$1,072,500 2,249 6,500 - 8,000 sqft 3 3 26 8 14 42