First American Title Market Report

Scottsdale, AZ 85255

Single-Family Homes



Scottsdale, AZ 85255

Sat Jul 20 2024
This week the median list price for Scottsdale, AZ 85255 is $2,250,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 237. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Scottsdale, AZ 85255

Sat Jul 20 2024
This week the median list price for Scottsdale, AZ 85255 is $2,250,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has decreased to 237. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $2,250,000
Median Price of New Listings $1,949,000
Per Square Foot $596
Average Days on Market 115
Median Days on Market 77
Price Decreased 45%
Price Increased 5%
Relisted 8%
Inventory 237
Median Rent
Market Action 36
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, 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
$5,950,000 6,649 1 - 2.5 acres 5 6 11 1 4 98
$2,875,000 4,538 0.5 - 1 acre 4 5 22 4 3 98
$1,800,000 3,334 0.25 - 0.5 acre 4 4 25 6 9 63
$975,000 2,212 6,500 - 8,000 sqft 3 3 26 6 9 42