Navi Title Agency

Scottsdale, AZ 85266

Single-Family Homes

Here is your weekly Market Update!


Scottsdale, AZ 85266

Mon Dec 11 2023
This week the median list price for Scottsdale, AZ 85266 is $1,677,500 with the market action index hovering around 35. This is less than last month's market action index of 39. Inventory has increased to 86. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 85266

Mon Dec 11 2023
This week the median list price for Scottsdale, AZ 85266 is $1,677,500 with the market action index hovering around 35. This is less than last month's market action index of 39. Inventory has increased to 86. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,677,500
Median Price of New Listings $1,632,500
Per Square Foot $471
Average Days on Market 70
Median Days on Market 49
Price Decreased 36%
Price Increased 3%
Relisted 2%
Inventory 86
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$2,800,000 5,204 1 - 2.5 acres 4 5 17 4 1 56
$1,999,500 4,001 1 - 2.5 acres 4 4 21 1 2 42
$1,496,500 3,134 0.5 - 1 acre 3 3 25 3 3 42
$922,500 2,151 6,500 - 8,000 sqft 3 3 24 2 2 42