Scottsdale, AZ Housing Market: What to Expect in 2025?

Name: Scottsdale, AZ Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Overview

Supply

Demand

Buy or Sell

Scottsdale Housing Market Overview

The Scottsdale, AZ, housing market shows some appreciation in home prices along with moderate competition at present. Scottsdale's median home price has increased by 8.2% over the previous year, and now sits at $877,500. Homes typically sell within 56 days of listing. 600 properties were sold this month, which is a 26.1% growth compared to last year.

Scottsdale's real estate market offers buyers residential options across various price points. Here, you can find luxury desert estates, upscale golf communities, and sophisticated condos. Scottsdale continues its tradition of strong value appreciation in premier locations. This means there are plenty of investment opportunities in one of Arizona's most desirable communities. With stunning views of the Sonoran Desert, world-class resorts, and a vibrant arts district, Scottsdale attracts affluent homebuyers all year-round.

Median Sale Price

# of Homes Sold

Median Days on Market

Median Sale Price

0% year-over-year

# of Homes Sold

0% year-over-year

Median Days on Market

0 year-over-year

All Home Types

1 year

3 year

5 year

Scottsdale

Scottsdale Housing Supply

Investors target Scottsdale for its luxury vacation rentals and long-term appreciation. The city's resort lifestyle and corporate relocations also draw wealthy homebuyers. There are now 2,571 houses for sale in Scottsdale, AZ. Housing inventory has seen a 23% increase from last year, and includes 851 new listings. Scottsdale maintains a supply period of 4.3 months, which is a sign of relatively balanced market conditions.

Scottsdale's housing market trends are similar to the broader Arizona real estate market. Spring brings peak listing activity, and snowbirds actively search for homes during this period. Properties in prestigious areas like Old Town and Grayhawk command premium prices year after year. As a result, buyers should conduct thorough research when looking for homes in Scottsdale, AZ. Before you submit your offers, you should identify potential negotiation opportunities, and request seller concessions when appropriate.

# of Homes for Sale

# of Newly Listed Homes

Months of Supply

# of Homes for Sale

0% year-over-year

# of Newly Listed Homes

0% year-over-year

Months of Supply

0% year-over-year

All Home Types

1 year

3 year

5 year

Scottsdale

Scottsdale Housing Demand

Only 10.2% of Scottsdale houses sell above their initial list price. Meanwhile, 37.2% of sellers accept less than their asking price, which is a 3.8 percentage point increase from the previous year. The sale-to-list price ratio is currently 96.8%. This means that homeowners typically secure offers below their asking price, and buyers have some room for negotiation.

Make sure to price your Scottsdale home accurately to attract buyers in this luxury market. Adjust your expectations given the high percentage of price drops. To maximize your property's exposure in these conditions, consider listing your home on the Arizona MLS. If you plan to buy a house in Scottsdale, AZ, leverage your growing advantages. Thanks to the expanding inventory, you may secure favorable terms through strategic negotiation.

Homes Sold Above List Price

Homes with Price Drops

Sale-to-List Ratio

Homes Sold Above List Price

0% year-over-year

Homes with Price Drops

0% year-over-year

Sale-to-List Ratio

0% year-over-year

All Home Types

1 year

3 year

5 year

Scottsdale

Strong
Buyer

Buyer

Balanced

Seller

Strong
Seller

Buyer’s Market

Seller’s Market

Balanced: Neither buyers nor sellers dominate the market. Supply meets demand, prices stay stable, and both parties negotiate on an equal footing.

Scottsdale Market: When to Buy or Sell?

The housing market in Scottsdale goes through distinct seasonal patterns. Local trends generally correlate with the broader Arizona housing market, but with unique features of luxury markets. Despite the price growth, the rise of inventory creates balance in the market. Winter months bring peak buyer activity as seasonal visitors arrive, while summer sees reduced transaction volume due to extreme heat.

With Scottsdale's 4.3-month supply period, the market is more or less in a state of equilibrium, like the US housing market. Buyers benefit from increasing inventory, despite price appreciation. On the other hand, sellers can justify premium values in desirable areas. These trends will help you optimize your transaction timing. Monitor luxury market segments and seasonal tourism patterns for additional insights.

From Hot Trends to Hidden Gems—All in Your Pocket!

The Houzeo app brings the entire real estate journey to your fingertips. Browse, list, and close—anytime, anywhere.

Download the Houzeo Mobile App Now!

Check the Real Estate Trends in Your State

Search by Top Cities in Arizona

Frequently Asked Questions

How has the average home price in Scottsdale, AZ, changed over the past year?

The average home price in Scottsdale has increased by 8.2% over the past year. It is currently $877,500. You can estimate your home's worth with our free home value estimator.

What are Scottsdale, Arizona, real estate predictions for the near future?

Scottsdale home prices should continue their upward trajectory in the coming months. The luxury segment will likely maintain strength despite inventory growth. Rising mortgage rates may affect buyers of mid-range properties, with little impact on cash purchases in premium segments.

What's the average house price in Scottsdale, AZ?

Home values in Scottsdale vary by neighborhood and property features. They range from $415,000 for condos to $1.2 million for single-family homes. For more affordable options, you can explore cheap homes for sale in Scottsdale within your budget.

Is this a good time to buy Scottsdale, AZ, real estate?

Yes, it can be a good time to buy, with the rising inventory and low sale-to-list price ratio. Analyze the current conditions of the Scottsdale real estate market conditions to determine the best time to act.

What are the current Scottsdale housing market trends?

At the moment, Scottsdale is a balanced market, with some advantages for buyers. These include a 4.3-month supply period, frequent price reductions, and more growing inventory. Before you buy or sell in Scottsdale, review the city's housing market trends for the best timing.

When will the Scottsdale housing market crash?

A crash in the Scottsdale housing market is highly unlikely in the near future. The steady price appreciation and healthy sales volume suggest sustainable market fundamentals. Scottsdale's lasting appeal to luxury buyers and investors will support long-term stability.

How to buy houses in Scottsdale, AZ?

Outline clear financial parameters and secure mortgage pre-approval. Then, explore Scottsdale, AZ, homes for sale. Make competitive offers, finalize financing, and complete the closing process.

How can I list my Scottsdale, AZ, houses for sale?

List your Scottsdale property with a Flat Fee MLS Arizona listing service. High-tech MLS platforms like Houzeo provide the right documentation based on your specific location. 🚀

What is the average mortgage rate for buyers in Scottsdale?

Arizona mortgage rates typically fluctuate between 6% and 6.81%. Your exact rate depends on current economic conditions and your credit score.

What is the cost of living in Scottsdale, AZ?

Scottsdale's cost of living exceeds the national average by 13%. Housing is the primary expense factor for most residents. The typical home costs around $877,500. Dining and entertainment prices also reflect the luxury tourism market. Many consider the resort-style environment of Scottsdale well worth the premium costs.

Important Legal Disclosures