Scottsdale, AZ 85254 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 market indicator, the median sold price of 1,092,500, shows transactions near asking expectations when compared to the median listing price of 1,100,000, which may indicate limited pricing gap between seller expectations and recent closings; stable price realization appears to be in effect.
2. Liquidity appears moderate with slower turnover: the median days on market is 66, which suggests a more measured sales velocity and may indicate balanced negotiation dynamics between buyers and sellers.
3. Supply context in the analyzed sample points to relatively constrained active supply versus sales activity in the dataset, which combined with a neutral market condition implies a median price per square foot of 427 remains a representative recent sale benchmark; neutral market temperature supports steady pricing.
4. Financial headwinds are present: interest rate pressure is reported as elevated, and local mortgage pricing context shows 30-year fixed rates in-market at 6.77% versus 5.99% earlier in January 2026, which may weigh on buyer affordability and could slow higher-end demand; elevated interest rate pressure.

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.