Scottsdale, AZ

Buyer's market+15.6% YoY

Housing market overview · Updated weekly

$1.00Mmedian sale price

Homes sold

487

Last 12 weeks

Days on market

56

Average pace

Active listings

2,628

5.4 months supply

Sale-to-list

96.8%

Below asking

The Scottsdale housing market is currently classified as a buyer's market with a median sale price of $1.00M. Prices have risen 15.6% compared to last year, with homes spending an average of 56 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Scottsdale?

The median home sale price in Scottsdale is $1.00M, up 15.6% from last year.

How long do homes stay on market in Scottsdale?

Homes typically spend 56 days on market before going under contract.

Is Scottsdale a buyer's or seller's market?

With 5.4 months of supply, Scottsdale is currently a buyer's market.

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