Is Scottsdale, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
At the same time last year, Scottsdale was a Seller's Market.
How much do homes in Scottsdale, AZ cost?
Median Sold Price
$801,141
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | $234.6K | $292K | +24.5% |
2 Bedrooms | $399.9K | $475K | +18.8% |
3 Bedrooms | $675K | $806.2K | +19.4% |
4 Bedrooms | $1.0M | $1.2M | +20.5% |
5+ Bedrooms | $1.6M | $2.0M | +23.2% |
Median Sold Price Compared To Nearby Cities
Carefree | $950K | $1.2M | +36.6% |
Paradise Valley | $2.8M | $3.5M | +26.3% |
Scottsdale | $677.7K | $801.1K | +18.2% |
Fountain Hills | $561.9K | $643.3K | +14.5% |
How many homes are available in Scottsdale, AZ?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
1,914 | 1,858 | -2.9% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 86 | 81 | -5.8% |
2 Bedrooms | 455 | 450 | -1.1% |
3 Bedrooms | 654 | 639 | -2.3% |
4 Bedrooms | 474 | 444 | -6.3% |
5+ Bedrooms | 245 | 244 | -0.4% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
327 | 300 | -8.3% |
Asking Price vs. Sold Price
236 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
40 Days | 72 Days | +82.1% |
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
136 Homes Were Sold
In 30 - 90 Days
92 Homes Were Sold
Over 90 Days