Scottsdale, AZ 85257 Real Estate Market Report

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

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Executive Overview

The median sold price in Scottsdale, AZ (ZIP: 85257) is currently $599,999, reflecting a stable market despite some recent fluctuations. This price point indicates a solid foundation for market activity, although the absence of historical sold price change data limits deeper analysis of trends over time. The market appears to be experiencing a neutral temperature, suggesting balanced conditions between buyers and sellers, although recent inventory levels indicate a potential shift towards better opportunities for buyers.

Transaction activity has shown a slower sales velocity, with properties spending a median of 151 days on market. This extended duration may suggest a degree of pricing friction, where sellers may need to adjust expectations to align with current buyer sentiment. Overall, while the market remains stable, the elevated inventory levels relative to sales activity may create opportunities for negotiation and favorable terms for buyers.

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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 6.29% average seen just one month ago in late January 2026.

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 $599,999 indicates a stable market, but the lack of historical price change data limits trend analysis.

2. Properties are taking a median of 151 days on market, suggesting slower sales velocity and potential pricing adjustments needed by sellers.

3. The median listing price stands at $714,950, creating a notable gap that may indicate pricing friction in the market.

4. The market temperature is currently neutral, reflecting balanced conditions between buyers and sellers.

5. Rental rates are experiencing a slight year-over-year decline, indicating downward pressure on rental income potential.

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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.