Scottsdale, AZ 85255 Real Estate Market Report

ZIP Code: 85255
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Scottsdale, AZ (ZIP: 85255) real estate market is currently characterized by a median sold price of $1,595,000, reflecting a stable environment with modest price appreciation. The market has shown resilience, with prices trending up year-over-year, indicating a positive trajectory for homeowners and potential sellers. The median listing price stands at $1,749,000, suggesting some pricing friction as sellers adjust expectations to align with buyer sentiment.

Transaction activity appears moderate, with 158 median days on market, indicating a slower sales velocity. This extended time frame may suggest that buyers are exercising caution and selectivity in their purchasing decisions. The current market temperature is assessed as neutral, reflecting a balance between supply and demand, although elevated inventory levels may provide buyers with some advantages in negotiations.

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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

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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 are averaging 6.38%, which is 0.16% higher than the 6.22% average from the same week in 2025.

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. $1,595,000 is the median sold price, indicating a stable market with modest appreciation.

2. 158 days is the median days on market, suggesting slower sales velocity and potential buyer selectivity.

3. The median listing price of $1,749,000 indicates pricing friction as sellers adjust to market realities.

4. The market temperature is neutral, reflecting a balanced environment with moderate transaction activity.

5. $4,070 is the median market rent, which has also shown an up trend year-over-year, indicating strong rental demand.

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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.