Scottsdale, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 8,108 transactions over the past year in Scottsdale. The median value for residential home transactions that occurred over the previous year is $795,357.44. The number of current listings in Scottsdale is 91, and the percentage of properties for sale in the city is 91.00%. Scottsdale, AZ currently has 80 properties in foreclosure, 1 bank owned properties, 79 properties headed for auction, and 91 properties for sale.

Scottsdale, AZ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
85262

$ 2,037,555

$ 534/sqft

85259

$ 762,759

$ 403/sqft

85255

$ 1,795,955

$ 541/sqft

85257

$ 791,228

$ 354/sqft

85258

$ 829,900

$ 439/sqft

85266

$ 2,475,000

$ 539/sqft

85251

$ 703,563

$ 365/sqft

85254

$ 1,144,762

$ 430/sqft

85260

$ 786,732

$ 364/sqft

85256

$ --

$ --

85250

$ 920,260

$ 372/sqft

Housing Market Summary for Scottsdale, AZ

Mar 2023February 2024Change
Median Listing Price$1.1M$813.9K-22.56%
Median Sold Price$823.5K$813.9K-1.17%
Homes For Sale1,00391-90.93%
Homes Sold5,4935,278-3.91%
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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 $32,030 to $49,690,864. The median estimated value of a home in Scottsdale is $795,357.44. The median list price of a home is 1,125,000, and the total count of properties in the city is 130,031.

Foreclosure
There are 11 zips within Scottsdale, AZ; within these zips, the median estimated home value for homes in foreclosure ranges from $1,761,308 in 85254 to the lowest value of $263,806 in 85254. Foreclosure homes account for 0.00% of properties in Scottsdale, AZ with 85254 containing 18 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 $621,456 in 85257 to the lowest value of $621,456 in 85257. Bank owned homes and properties account for 0.00% of properties in Scottsdale, AZ. There are 11 zips within Scottsdale, AZ; 85257 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85254 has 18 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 0.06% 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 $2,093,524 in 85262 to the lowest value of $263,806 in 85262.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Scottsdale, AZ with 85262 containing 20 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 $3,190,683 in 85266 to the lowest value of $229,679 in 85251.
    Sold Homes
    The median value for recently sold homes ranges from $4,646,807 in 85266 to the lowest price of $89,443 in 85266. There are 11 zips within Scottsdale, AZ. 85255 has 793 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.03% 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
      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Home Buying Guides & Tips
      Tax Lien Foreclosure: What They Are & How They Work
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      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

      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Market Reports|posted 12 February 2024

      Market Report of Phoenix, AZ – December 2022-2023

      Tax Lien Foreclosure: What They Are & How They Work
      Home Buying Guides & Tips|posted 28 May 2013

      How to find government tax foreclosure homes – Buying a tax foreclosure is a great way to get a bargain on a home or rental property.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction