Your Local Market Report

Scottsdale, AZ 85258

Single-Family Homes

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Scottsdale, AZ 85258

Thu Feb 27 2020
This week the median list price for Scottsdale, AZ 85258 is $884,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 71. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Scottsdale, AZ 85258

Thu Feb 27 2020
This week the median list price for Scottsdale, AZ 85258 is $884,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 71. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $884,000
Per Square Foot $316
Days on Market 96
Price Decreased 37%
Price Increased 4%
Relisted 6%
Inventory 71
Median Rent $2,900
Most Expensive $4,995,000
Least Expensive $375,000
Market Action 38
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
$1,795,000 4,141 0.25 - 0.5 acre 4 3 26 0 3 151
$1,150,000 3,250 0.25 - 0.5 acre 4 3 32 2 1 91
$849,500 2,898 0.25 - 0.5 acre 4 2 35 1 3 92
$554,500 2,082 4,500 - 6,500 sqft 3 2 35 1 2 50