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Scottsdale, AZ 85251

Single-Family Homes

Here is your weekly Market Update!


Scottsdale, AZ 85251

Mon Jun 30 2025
This week the median list price for Scottsdale, AZ 85251 is $849,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 143. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Scottsdale, AZ 85251

Mon Jun 30 2025
This week the median list price for Scottsdale, AZ 85251 is $849,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 143. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $849,000
Median Price of New Listings $687,500
Per Square Foot $478
Average Days on Market 87
Median Days on Market 56
Price Decreased 54%
Price Increased 1%
Relisted 5%
Inventory 143
Median Rent
Market Action 35
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,972,500 2,701 0.25 - 0.5 acre 4 3.3 48 0 1 91
$950,000 1,997 6,500 - 8,000 sqft 4 2 64 1 4 73
$717,614 1,595 6,500 - 8,000 sqft 3 2 63 3 7 45
$345,000 1,043 0 - 4,500 sqft 2 2 46 0 8 42