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Scottsdale, AZ 85266

Single-Family Homes

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Scottsdale, AZ 85266

Fri Jan 21 2022
This week the median list price for Scottsdale, AZ 85266 is $1,687,500 with the market action index hovering around 51. This is less than last month's market action index of 56. Inventory has decreased to 30. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Scottsdale, AZ 85266

Fri Jan 21 2022
This week the median list price for Scottsdale, AZ 85266 is $1,687,500 with the market action index hovering around 51. This is less than last month's market action index of 56. Inventory has decreased to 30. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,687,500
Median Price of New Listings $1,749,450
Per Square Foot $409
Average Days on Market 114
Median Days on Market 116
Price Decreased 23%
Price Increased 10%
Relisted 7%
Inventory 30
Median Rent $5,300
Market Action 51
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$4,125,000 6,866 1 - 2.5 acres 4 5.5 13 1 0 119
$2,049,500 4,112 0.5 - 1 acre 4 5 15 1 2 196
$1,574,950 3,645 1 - 2.5 acres 4 3.3 23 1 2 91
$826,950 2,179 8,000 - 10,000 sqft 3 2.5 25 1 1 108