BUDWIG TEAM REPORTS

Scottsdale, AZ 85258

Single-Family Homes

Your Arizona Real Estate Team



Scottsdale, AZ 85258

Sun Jul 14 2024
This week the median list price for Scottsdale, AZ 85258 is $1,199,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 69. 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

Sun Jul 14 2024
This week the median list price for Scottsdale, AZ 85258 is $1,199,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 69. 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 $1,199,000
Median Price of New Listings $940,000
Per Square Foot $486
Average Days on Market 78
Median Days on Market 56
Price Decreased 59%
Price Increased 3%
Relisted 6%
Inventory 69
Median Rent
Market Action 40
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
$1,629,000 2,720 0.25 - 0.5 acre 4 3 39 0 6 56
$1,300,000 2,369 0.25 - 0.5 acre 4 3 42 2 4 56
$979,000 2,136 4,500 - 6,500 sqft 3 2 39 2 2 56
$770,000 1,984 4,500 - 6,500 sqft 3 2 40 3 3 66