Sat Jun 12 2021
This week the median list price for Scottsdale, AZ 85262 is $2,804,150 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 132.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$2,804,150|
|Median Price of New Listings||$1,900,000|
|Per Square Foot||$561|
|Average Days on Market||107|
|Median Days on Market||53|
|Slight Seller's Advantage|
We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,900,000||7,170||1 - 2.5 acres||5||5||14||4||2||105|
|$3,395,000||5,500||1 - 2.5 acres||4||5||15||3||2||98|
|$2,140,900||4,446||0.5 - 1 acre||4||4||15||5||3||35|
|$949,000||3,117||1 - 2.5 acres||4||3||15||7||5||28|