Scottsdale, AZ 85258 Real Estate Market Report

ZIP Code: 85258
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Scottsdale, AZ (ZIP: 85258) reflects a median sold price of $1,237,500, indicating a stable market environment. The neighborhood has decreased 8% since 2022, suggesting some pricing adjustments may be necessary as the market adapts to current economic conditions. The median listing price stands at $1,325,000, creating a notable gap that may indicate seller expectations are outpacing actual market performance.

Transaction activity appears moderate, with 137 median days on market, which points to slower sales velocity. The inventory context shows elevated levels of active listings compared to sold properties, contributing to a sense of excess supply relative to sales activity. This dynamic, combined with a neutral market temperature, suggests that while the market remains competitive, buyers may benefit from a wider selection and more negotiating power than in previous periods.

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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, around 6.01% are 0.78% lower than the 6.87% average seen one year ago for property owners 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 $1,237,500 reflects a market that has decreased 8% since 2022, indicating potential pricing adjustments.

2. With a median days on market of 137, the market is experiencing slower sales velocity, suggesting that properties may take longer to sell than in previous periods.

3. The median listing price of $1,325,000 creates a significant gap compared to the sold price, indicating pricing friction between seller expectations and buyer willingness.

4. Elevated inventory levels are present, suggesting excess supply relative to sales activity, which may provide buyers with more options.

5. The median market rent of $3,300 is trending down, reflecting broader rental rate adjustments in the area.

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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.