Clear Title Agency of Arizona

Scottsdale, AZ 85255

Single-Family Homes

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Scottsdale, AZ 85255

Wed May 21 2025
This week the median list price for Scottsdale, AZ 85255 is $2,187,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 388. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Scottsdale, AZ 85255

Wed May 21 2025
This week the median list price for Scottsdale, AZ 85255 is $2,187,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 388. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $2,187,000
Median Price of New Listings $1,374,500
Per Square Foot $582
Average Days on Market 118
Median Days on Market 63
Price Decreased 56%
Price Increased 4%
Relisted 3%
Inventory 388
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$5,700,000 6,288 1 - 2.5 acres 5 6 16 2 6 112
$2,822,000 4,351 0.5 - 1 acre 4 5 24 5 3 84
$1,775,000 3,196 0.25 - 0.5 acre 4 3.5 25 11 7 49
$949,900 2,159 6,500 - 8,000 sqft 3 2 27 10 4 42