Scottsdale, AZ 85250 Real Estate Market Report

ZIP Code: 85250
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Scottsdale, AZ (ZIP: 85250) is $739,500, reflecting a market that is experiencing slight price softening. This contrasts with the median listing price of $799,450, indicating a notable pricing gap that may suggest sellers need to adjust expectations to align with buyer sentiment. The market has seen a median days on market of 175, which points to slower sales velocity and a potential need for improved marketing strategies to enhance liquidity in this environment.

As inventory levels remain elevated relative to sales activity, the market appears to be transitioning towards a more balanced state. The current neutral market temperature indicates that while demand is stabilizing, it is not robust enough to drive significant price increases. The luxury segment continues to perform well, but overall, transactions may require more strategic pricing and presentation to attract buyers in the current landscape.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Scottsdale AZ around 6.09% are 1.78% lower than the 7.87% average rate seen earlier in 2026, indicating a favorable market shift for new financing.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $739,500 suggests a need for sellers to reassess pricing strategies due to the gap with the median listing price of $799,450.

2. With a median days on market of 175, properties are experiencing slower sales velocity, indicating potential challenges in attracting buyers promptly.

3. The market temperature is currently neutral, suggesting a balanced environment where neither buyers nor sellers have a distinct advantage.

4. Elevated inventory levels relative to sales activity may indicate excess supply, which could pressure pricing in the near term.

5. The median market rent of $2,700 reflects stable rental demand, although the year-over-year trend shows a down trajectory, which may impact investor sentiment.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.