Scottsdale, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 8,538 transactions over the past year in Scottsdale. The median value for residential home transactions that occurred over the previous year is $825,004.46. The number of current listings in Scottsdale is 82, and the percentage of properties for sale in the city is 82.00%. Scottsdale, AZ currently has 73 properties in foreclosure, 3 bank owned properties, 70 properties headed for auction, and 82 properties for sale.

Scottsdale, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85255

$ 1,968,111

$ 534/sqft

85260

$ 567,930

$ 335/sqft

85262

$ 2,500,000

$ 647/sqft

85257

$ 726,500

$ 350/sqft

85258

$ 795,000

$ 411/sqft

85266

$ 1,249,000

$ 522/sqft

85251

$ 1,092,324

$ 463/sqft

85254

$ 1,441,950

$ 489/sqft

85250

$ 812,500

$ 393/sqft

85256

$ --

$ --

85259

$ 600,888

$ 404/sqft

Housing Market Summary for Scottsdale, AZ

Apr 2023March 2024Change
Median Listing Price$1.1M$813.7K-26.02%
Median Sold Price$822.4K$813.7K-1.05%
Homes For Sale1,01094-90.69%
Homes Sold5,2495,3131.22%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Scottsdale, AZ

Scottsdale home values range from $35,987 to $52,589,579. The median estimated value of a home in Scottsdale is $825,004.46. The median list price of a home is 1,169,450, and the total count of properties in the city is 129,033.

Foreclosure
There are 11 zips within Scottsdale, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $5,083,479 in 85251 to the lowest value of $243,083 in 85251. Foreclosure homes account for 0.00% of properties in Scottsdale, AZ with 85251 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Scottsdale, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 11 zips within Scottsdale, AZ; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Scottsdale, AZ ranges from the highest value of $975,598 in 85255 to the lowest value of $646,470 in 85257. Bank owned homes and properties account for 0.00% of properties in Scottsdale, AZ. There are 11 zips within Scottsdale, AZ; 85266 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85251 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Scottsdale, AZ. Auction homes and other auction properties account for 0.05% of all properties in Scottsdale, AZ. There are 11 zips within Scottsdale, AZ; of those zips, the median estimated home value for homes going to auction ranges from $2,650,563 in 85266 to the lowest value of $243,083 in 85266.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.06% of residential properties in Scottsdale, AZ with 85255 containing 18 homes for sale, the highest number of listed properties in a single zip. There are 11 zips within Scottsdale, AZ; homes for sale in those zips, have a range of median values from $3,375,000 in 85266 to the lowest value of $274,174 in 85259.
    Sold Homes
    The median value for recently sold homes ranges from $7,751,192 in 85260 to the lowest price of $36,467 in 85260. There are 11 zips within Scottsdale, AZ. 85255 has 851 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.06% of properties in Scottsdale, AZ.

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      Guide for Scottsdale, AZ

      Market Reports
      Scottsdale Real Estate Peaks at $1.1M in 2023
      Market Reports
      Tucson Real Estate Sees Average Property Value Rise to $367,000 in February 2024
      Market Reports
      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      Market Reports
      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      See More Articles
      Scottsdale Real Estate Peaks at $1.1M in 2023
      Market Reports|posted 12 February 2024

      Scottsdale, Arizona’s real estate market exhibits strong growth and investment potential, with average property values peaking at $1.1 million in December 2023

      Tucson Real Estate Sees Average Property Value Rise to $367,000 in February 2024
      Market Reports|posted 29 March 2024

      The Tucson real estate market has witnessed significant growth trends, with average property values reaching $367,000 as of February 2024. This growth offers equity gain opportunities to investors despite the market’s competitive nature. Additionally, neighboring cities present varied property value and market activity scenarios, offering homebuyers a range of options.

      Glendale’s Real Estate Market Peaks at $475k Amid Fluctuations, February 2024 Overview Reveals
      Market Reports|posted 13 March 2024

      Glendale, AZ’s real estate market has seen considerable fluctuations in property value and sale prices. The significant peaks and troughs offer intriguing trends to potential buyers, sellers, and investors, while a comparative analysis with nearby cities like Phoenix, Peoria, and Sun City presents a diverse real estate landscape in this region of Arizona.

      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      Market Reports|posted 7 March 2024

      The Mesa, Arizona real estate market displays a variety of trends with property values fluctuating monthly.