Lawyers Title Market Report

Scottsdale, AZ 85266

Single-Family Homes

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Scottsdale, AZ 85266

Mon Jun 21 2021
This week the median list price for Scottsdale, AZ 85266 is $1,495,000 with the market action index hovering around 53. This is less than last month's market action index of 56. Inventory has decreased to 59. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Scottsdale, AZ 85266

Mon Jun 21 2021
This week the median list price for Scottsdale, AZ 85266 is $1,495,000 with the market action index hovering around 53. This is less than last month's market action index of 56. Inventory has decreased to 59. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,495,000
Median Price of New Listings $1,750,000
Per Square Foot $370
Average Days on Market 64
Median Days on Market 28
Price Decreased 27%
Price Increased 8%
Relisted 5%
Inventory 59
Median Rent $3,500
Market Action 53
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$2,390,000 5,467 1 - 2.5 acres 4 4 14 1 2 49
$1,725,000 4,287 1 - 2.5 acres 4 4 19 3 3 42
$1,145,000 3,100 0.5 - 1 acre 4 3 20 1 4 21
$750,000 2,188 0.25 - 0.5 acre 3 2 25 1 5 21