Clear Title Agency of Arizona

Scottsdale, AZ 85251

Single-Family Homes

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Scottsdale, AZ 85251

Fri Jul 01 2022
This week the median list price for Scottsdale, AZ 85251 is $900,000 with the market action index hovering around 78. This is less than last month's market action index of 88. Inventory has increased to 40. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Scottsdale, AZ 85251

Fri Jul 01 2022
This week the median list price for Scottsdale, AZ 85251 is $900,000 with the market action index hovering around 78. This is less than last month's market action index of 88. Inventory has increased to 40. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $900,000
Median Price of New Listings $949,450
Per Square Foot $495
Average Days on Market 27
Median Days on Market 14
Price Decreased 43%
Price Increased 3%
Relisted 3%
Inventory 40
Median Rent
Market Action 78
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
$1,895,000 2,952 0.25 - 0.5 acre 4 3 49 4 0 10
$949,675 1,909 8,000 - 10,000 sqft 4 2 56 4 2 10
$792,450 1,742 6,500 - 8,000 sqft 3 2 63 1 1 24
$653,500 1,489 6,500 - 8,000 sqft 3 2 62 4 1 14