Scottsdale, AZ 85258 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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator is the median sold price of $1,120,000, which represents recent transaction-level value for the area and suggests that completed deals are occurring at a premium relative to asking levels in the sample; the median listing price is $849,950, which may indicate pricing friction between seller expectations and realized sale prices.
2. The median days on market is 389, signaling slower sales velocity and longer time-to-contract; combined with a neutral market temperature, this suggests a more deliberate transaction pace and relatively constrained active supply in the analyzed sample that may favor buyers who are patient on timing.
3. Local pricing momentum shows up for year-over-year price trends (up), indicating modest appreciation pressure despite slower liquidity — this supports selective pricing resilience, particularly in higher-end segments where demand remains comparatively stronger.
4. Financing and rental signals are mixed: elevated interest rate pressure and a reported average 30-year fixed mortgage rate near 6.63% may suppress buyer affordability, while median market rent of $2,789 and a rent year-over-year trend of down suggest softer rental demand; together these factors may increase buyer negotiating leverage in the near term.

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.