Scottsdale, AZ 85257 Real Estate Market Report

ZIP Code: 85257
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Scottsdale, AZ (ZIP: 85257) is characterized by a median sold price of $599,999, reflecting a stable market despite some fluctuations in specific areas. The neighborhood has increased 15% since 2023, indicating a positive trend in overall market value. However, the market is currently experiencing elevated inventory levels, which may suggest a shift towards a more balanced environment as buyers have more options available.

The median days on market stands at 244, indicating slower sales velocity and a cooling market. This extended time frame for properties to sell may be attributed to the excess supply relative to sales activity, leading to a buyer-friendly atmosphere. While the median listing price is $654,500, the gap between listing and sold prices highlights potential 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

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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.

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Key Findings

1. The median sold price of $599,999 indicates a stable market with a 15% increase since 2023, suggesting positive appreciation trends.

2. With a median days on market of 244, the market is experiencing slower sales velocity, which may indicate weak buyer demand.

3. The median listing price of $654,500 reflects a significant gap from the sold price, suggesting potential pricing friction as sellers may need to adjust expectations.

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

5. The median market rent of $2,500 remains stable, reflecting consistent rental demand despite fluctuations in sales.

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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.