Scottsdale, AZ 85255 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

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.

Market Trends & Context

Key Findings

1. The neighborhood's primary market indicator, the median sold price, is $1,531,000, which represents the most reliable signal of recent transaction value and positions the area in the higher-value segment of the market (representative recent sale).
2. Seller asking expectations at $1,750,000 sit above the realized median sold price of $1,531,000, which may indicate pricing friction between list expectations and completed transactions (softening seller pricing).
3. Market velocity is slow: the median days on market is 325, suggesting prolonged marketing periods and slower sales velocity, consistent with elevated inventory relative to sales activity in the analyzed sample.
4. Broader trend signals show prices and rents are both up, while the market temperature remains neutral and interest rate pressure is elevated, which may constrain near-term buyer responsiveness despite positive price and rent momentum.

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.