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 Scottsdale, AZ (ZIP: 85250) market is currently characterized by a median sold price of $725,000, reflecting a stable environment for recent transactions. While the overall market is exhibiting slight price appreciation, the neighborhood has not shown any historical sold price change percentage, suggesting a relatively stable market without significant fluctuations in value over time.

Transaction activity appears moderate, with 184 days on market indicating a slower sales velocity. This trend, combined with elevated inventory levels, suggests that while buyer demand remains strong in certain segments, the overall market temperature is neutral. The median listing price stands at $824,000, which may indicate some pricing friction as sellers adjust expectations to align with market realities.

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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 in the Scottsdale AZ market near 5.875% are notably lower than the 6.70% average seen in early 2025, presenting a cost opportunity for property owners.

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. $725,000 is the current median sold price, indicating a stable market without significant fluctuations.

2. The median days on market of 184 suggests a slower sales velocity, which may indicate a need for price adjustments by sellers.

3. With a median listing price of $824,000, there is notable pricing friction compared to the sold price, reflecting seller expectations.

4. The market temperature is currently neutral, indicating a balanced environment for buyers and sellers.

5. $2,700 is the median market rent, which is still increasing despite broader rent declines in the metro area.

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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.