Scottsdale, AZ 85259 Real Estate Market Report

ZIP Code: 85259
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: 85259) is characterized by a median sold price of $1,295,000, reflecting a stable market with modest price appreciation. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. However, the market is currently experiencing elevated inventory levels, which may suggest a shift towards a more balanced environment, giving buyers increased negotiation power.

The median days on market stands at 217 days, indicating a slower sales velocity and longer selling times, which further supports the notion of a market adjusting towards equilibrium. Despite these dynamics, the median market rent remains strong at $3,000, suggesting ongoing rental demand that could provide stability for investors in the area. Overall, the market temperature is neutral, with signs of both resilience and caution as buyers navigate through elevated inventory and longer transaction timelines.

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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.

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Key Findings

1. The median sold price is $1,295,000, reflecting a stable market with a 15% increase since 2023.

2. With median days on market at 217, the market is experiencing slower sales velocity, indicating longer transaction times.

3. Elevated inventory levels suggest excess supply relative to sales activity, giving buyers more negotiation power.

4. The median market rent of $3,000 indicates strong rental demand, which may support property values in the long term.

5. The market temperature is neutral, suggesting a balanced environment amidst modest price appreciation.

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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.