Clear Title Agency of Arizona

Scottsdale, AZ

Single-Family Homes

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Scottsdale, AZ

Sun Jan 29 2023
This week the median list price for Scottsdale, AZ is $1,274,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 903. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Scottsdale, AZ

Sun Jan 29 2023
This week the median list price for Scottsdale, AZ is $1,274,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 903. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Scottsdale market.
Median List Price $1,274,000
Median Price of New Listings $1,172,500
Per Square Foot $457
Average Days on Market 96
Median Days on Market 77
Price Decreased 49%
Price Increased 1%
Relisted 7%
Inventory 903
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,450,000 5,469 0.5 - 1 acre 4 4.5 19 25 9 84
$1,540,750 3,337 0.25 - 0.5 acre 4 3.5 27 27 19 80
$1,050,000 2,556 0.25 - 0.5 acre 4 2.5 32 26 17 77
$749,000 1,929 6,500 - 8,000 sqft 3 2 42 34 36 77