BUDWIG TEAM REPORTS

Scottsdale, AZ 85258

Single-Family Homes

Your Arizona Real Estate Team



Scottsdale, AZ 85258

Thu Feb 13 2025
This week the median list price for Scottsdale, AZ 85258 is $1,299,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 97. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Scottsdale, AZ 85258

Thu Feb 13 2025
This week the median list price for Scottsdale, AZ 85258 is $1,299,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 97. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,299,000
Median Price of New Listings $950,000
Per Square Foot $545
Average Days on Market 90
Median Days on Market 77
Price Decreased 44%
Price Increased 5%
Relisted 9%
Inventory 97
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$2,197,500 3,230 0.25 - 0.5 acre 4 3.5 42 0 3 56
$1,622,500 2,690 0.25 - 0.5 acre 3 3 39 6 3 35
$1,145,000 2,012 6,500 - 8,000 sqft 3 2 44 1 2 80
$720,000 1,747 4,500 - 6,500 sqft 3 2 40 6 2 119