Scottsdale, AZ 85250 Real Estate Market Report

ZIP Code: 85250
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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 for properties in Scottsdale AZ 85250 are averaging 6.30%, consistent with typical rates observed throughout 2026.

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 neighborhood's primary market indicator, the median sold price, is 687,000, which, alongside a higher median listing price of 750,000, suggests a meaningful gap between seller expectations and recent transaction prices and, combined with a median days on market of 351, points to moderate sales velocity rather than rapid turnover.

2. Local per-unit pricing is anchored by a median price per square foot of 375, while the median market rent of 2,500 and a rent year-over-year trend that is up support continued rental demand for SFRs and condominiums in the area.

3. Market liquidity appears balanced to slightly constrained: sample data indicates relatively constrained active supply versus recent closings which may maintain pricing resilience; the market temperature is described as neutral, so expect measured negotiating leverage for both buyers and sellers.

4. Financing and affordability dynamics are a moderating factor—current 30-year fixed rates average 6.30% for the area and interest rate pressure is characterized as moderate—which may temper buyer urgency and prolong time-to-contract for some listings.

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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.

Scottsdale, AZ 85250 Real Estate Market Report

ZIP Code: 85250
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 for properties in Scottsdale AZ 85250 are averaging 6.30%, consistent with typical rates observed throughout 2026.

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 primary market value signal remains the median sold price: 395,000, which reflects recent transaction activity and suggests stable neighborhood valuations; balanced transaction outcomes appear to support a neutral market temperature.

2. There is a notable gap between the median listing price: 319,900 and the median sold price, which may indicate moderate pricing friction between seller expectations and finalized sale prices and suggests listing strategies should be calibrated to recent closed sales.

3. The median days on market: 420 points to slower sales velocity relative to faster-turning markets and may indicate that time-on-market should be factored into pricing and marketing plans; longer marketing windows appear likely for many properties.

4. Rental fundamentals remain supportive with the median market rent: 1,800 and a rent year-over-year trend of up, while interest rate pressure is reported as moderate and prevailing 30-year fixed mortgage rates average 6.30%, which together suggest rental demand and financing costs should be considered in hold vs. sell decisions.

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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.