Navi Title Agency

Scottsdale, AZ 85251

Single-Family Homes

Here is your weekly Market Update!



Scottsdale, AZ 85251

Fri Mar 29 2024
This week the median list price for Scottsdale, AZ 85251 is $1,062,500 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has decreased to 78. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Scottsdale, AZ 85251

Fri Mar 29 2024
This week the median list price for Scottsdale, AZ 85251 is $1,062,500 with the market action index hovering around 36. This is an increase over last month's market action index of 32. Inventory has decreased to 78. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,062,500
Median Price of New Listings $929,000
Per Square Foot $487
Average Days on Market 82
Median Days on Market 56
Price Decreased 49%
Price Increased 6%
Relisted 5%
Inventory 78
Median Rent
Market Action 36
Slight Seller's Advantage

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
$3,994,293 3,386 6,500 - 8,000 sqft 4 4 9 3 3 49
$1,349,000 2,447 6,500 - 8,000 sqft 4 3 63 2 3 49
$912,500 1,988 6,500 - 8,000 sqft 4 2 64 4 3 45
$672,500 1,588 6,500 - 8,000 sqft 3 2 62 4 2 63