Navi Title Agency

Scottsdale, AZ 85259

Single-Family Homes

Here is your weekly Market Update!



Scottsdale, AZ 85259

Fri Jun 02 2023
This week the median list price for Scottsdale, AZ 85259 is $1,975,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has decreased to 65. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Scottsdale, AZ 85259

Fri Jun 02 2023
This week the median list price for Scottsdale, AZ 85259 is $1,975,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has decreased to 65. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,975,000
Median Price of New Listings $1,569,000
Per Square Foot $445
Average Days on Market 78
Median Days on Market 63
Price Decreased 48%
Price Increased 3%
Relisted 3%
Inventory 65
Median Rent
Market Action 45
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$3,050,000 4,961 0.5 - 1 acre 5 5 21 1 2 105
$2,193,000 4,286 0.5 - 1 acre 5 4.3 24 3 0 49
$1,519,500 3,768 0.25 - 0.5 acre 4 3 28 3 4 56
$749,000 2,102 6,500 - 8,000 sqft 3 2 35 4 3 63