Lawyers Title Market Report

Scottsdale, AZ 85262

Single-Family Homes

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Scottsdale, AZ 85262

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. 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.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 85262

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. 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.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $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
Price Decreased 19%
Price Increased 14%
Relisted 4%
Inventory 132
Median Rent $8,500
Market Action 44
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.

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
$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