Scottsdale, AZ 85255 Real Estate Market Report

ZIP Code: 85255
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: 85255) market is currently characterized by a median sold price of $1,625,000, reflecting a stable pricing environment. This indicates a market that has maintained its value, despite some segments experiencing slight softness. The market appears to be balancing, with buyer caution evident as inventory levels rise, leading to a more favorable environment for buyers. The median days on market stands at 116, suggesting a slower sales velocity, which may indicate a shift in buyer sentiment or preferences.

Despite the elevated inventory levels, the overall economic fundamentals in the region remain strong, providing a foundation for continued market stability. The median listing price of $1,850,000 indicates a notable gap between seller expectations and market realities, which may contribute to the moderate transaction volume observed. As buyers navigate this landscape, the median market rent of $4,070 suggests ongoing demand for rental properties, further supporting the market's resilience.

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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 Scottsdale AZ around 6.01% are slightly lower than the recent national average of 6.17% for the week ending February 13, 2026, suggesting a minor cost advantage for new financing in this market.

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 $1,625,000 indicates a stable market, with no significant price fluctuations observed recently.

2. With a median days on market of 116, the market is experiencing slower sales velocity, suggesting buyers are taking more time to make decisions.

3. The median listing price of $1,850,000 shows a notable gap compared to sold prices, indicating potential pricing friction for sellers.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may favor buyers in negotiations.

5. The median market rent of $4,070 reflects ongoing rental demand, supporting the overall market stability despite buyer caution.

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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.