Scottsdale, AZ 85250 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The primary indicator of market value is the median sold price of 638,000, which reflects recent transaction activity and suggests pricing is holding as the market rebalances; overall conditions appear balanced between buyers and sellers.
2. The market shows slower sales velocity with a median days on market of 592, which may indicate greater time-to-contract and increased negotiation windows for buyers in the current cycle; this longer turnover often signals pricing friction rather than immediate distress.
3. There is a noted relationship between asking and transaction levels: the median listing price of 624,999 sits near the median sold price, which may suggest sellers’ expectations and realized values are broadly aligned as the market stabilizes; continue to monitor this spread for signs of widening or compression.
4. Rental fundamentals remain supportive with a median market rent of 2,599 and rent year-over-year trend reported as up, while interest rate pressure is elevated (current 30-year fixed rates averaging approximately 6.6%), a combination that may sustain investor interest but constrain some owner-occupant affordability in the near term.

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.