March 2024 began with listings at 155% of the 3 year average of 549 (from 2021-2023).
February’s sales were at 71% of the 3 year average of 423 (from 2021-2023).
Scottsdale hit the $400 per square foot plateau in March 2022 for the 1st time in history and peaked at $419 in May ’22!! Prices are now $391.
Scottsdale is currently turning over housing inventory once every 2.7 months
Scottsdale Housing Market Conditions Updated for March 2024
To reduce data errors results are based on:
- Scottsdale SOLD single family residences, patio homes, and townhomes (ask us about condos)
- List/sales price under $1,500,000
- Size over 1,000 sq ft.
- Calendar month
5 YEARS of sales data below will increase your understanding the local housing market (we have city data archived back to January 2008).
| Month | Total Active | Total Sold | % Sold | MO. INV. | Sq ft | Price | DOM | $$ sq ft | +/- List Price | Active # Foreclo. | % Active Foreclo. | Sold Foreclo. | % Sold Foreclo. |
| Mar-24 | 852 | 2 | 0.2% | ||||||||||
| Feb-24 | 820 | 301 | 36.7% | 2.7 | 2,217 | $866,613 | 68 | $391 | -$23,489 | 3 | 0.4% | 1 | 0.3% |
| Jan-24 | 665 | 240 | 36.1% | 2.8 | 2,113 | $833,216 | 68 | $394 | -$27,044 | 1 | 0.2% | 1 | 0.4% |
| Scottsdale Housing Market Conditions 2023 | |||||||||||||
| Dec-23 | 750 | 254 | 33.9% | 3.0 | 2,079 | $786,422 | 65 | $378 | -$24,085 | 0 | 0.0% | 2 | 0.8% |
| Nov-23 | 801 | 280 | 35.0% | 2.9 | 2,152 | $847,964 | 49 | $394 | -$26,513 | 1 | 0.1% | 0 | 0.0% |
| Oct-23 | 693 | 255 | 36.8% | 2.7 | 2,164 | $850,425 | 52 | $393 | -$25,810 | 3 | 0.4% | 1 | 0.4% |
| Sep-23 | 603 | 284 | 47.1% | 2.1 | 2,134 | $830,919 | 54 | $389 | -$18,880 | 2 | 0.3% | 1 | 0.4% |
| Aug-23 | 601 | 336 | 55.9% | 1.8 | 2,145 | $844,715 | 63 | $394 | -$22,699 | 0 | 0.0% | 1 | 0.3% |
| Jul-23 | 579 | 302 | 52.2% | 1.9 | 2,168 | $829,389 | 70 | $383 | -$20,000 | 0 | 0.0% | 1 | 0.3% |
| Jun-23 | 656 | 447 | 68.1% | 1.5 | 2,203 | $839,289 | 63 | $381 | -$25,782 | 0 | 0.0% | 2 | 0.4% |
| May-23 | 689 | 471 | 68.4% | 1.5 | 2,238 | $851,490 | 61 | $380 | -$25,548 | 2 | 0.3% | 1 | 0.2% |
| Apr-23 | 809 | 330 | 40.8% | 2.5 | 2,171 | $829,153 | 71 | $382 | 1 | 0.1% | 0 | 0.0% | |
| Mar-23 | 811 | 445 | 54.9% | 1.8 | 2,210 | $835,450 | 73 | $378 | 1 | 0.1% | 0 | 0.0% | |
| Feb-23 | 854 | 294 | 34.4% | 2.9 | 2,213 | $828,843 | 71 | $375 | 0 | 0.0% | 1 | 0.3% | |
| Jan-23 | 816 | 227 | 27.8% | 3.6 | 2,111 | $778,523 | 70 | $369 | 0 | 0.0% | 1 | 0.4% | |
| Scottsdale Housing Market Conditions 2022 | |||||||||||||
| Dec-22 | 958 | 237 | 24.7% | 4.0 | 2,243 | $791,545 | 71 | $353 | 0 | 0.0% | 0 | 0.0% | |
| Nov-22 | 1,007 | 275 | 27.3% | 3.7 | 2,216 | $829,656 | 58 | $374 | 0 | 0.0% | 1 | 0.4% | |
| Oct-22 | 960 | 289 | 30.1% | 3.3 | 2,177 | $841,916 | 51 | $387 | 0 | 0.0% | 0 | 0.0% | |
| Sep-22 | 883 | 290 | 32.8% | 3.0 | 2,180 | $844,854 | 49 | $388 | 0 | 0.0% | 0 | 0.0% | |
| Aug-22 | 889 | 311 | 35.0% | 2.9 | 2,136 | $807,662 | 43 | $378 | 0 | 0.0% | 0 | 0.0% | |
| Jul-22 | 742 | 270 | 36.4% | 2.7 | 2,074 | $840,720 | 32 | $405 | 2 | 0.3% | 0 | 0.0% | |
| Jun-22 | 572 | 412 | 72.0% | 1.4 | 2,140 | $881,715 | 28 | $412 | 0 | 0.0% | 0 | 0.0% | |
| May-22 | 304 | 473 | 155.6% | 0.6 | 2,122 | $889,517 | 23 | $419 | 0 | 0.0% | 0 | 0.0% | |
| Apr-22 | 195 | 497 | 254.9% | 0.4 | 2,101 | $872,548 | 24 | $415 | 0 | 0.0% | 0 | 0.0% | |
| Mar-22 | 186 | 542 | 291.4% | 0.3 | 2,139 | $854,724 | 26 | $400 | 0 | 0.0% | 1 | 0.2% | |
| Feb-22 | 166 | 420 | 253.0% | 0.4 | 2,157 | $830,857 | 36 | $385 | 0 | 0.0% | 1 | 0.2% | |
| Jan-22 | 224 | 402 | 179.5% | 0.6 | 2,194 | $813,136 | 37 | $371 | 0 | 0.0% | 0 | 0.0% | |
| Scottsdale Housing Market Conditions 2021 | |||||||||||||
| Dec-21 | 272 | 506 | 186.0% | 0.5 | 2,214 | $804,963 | 38 | $364 | 0 | 0.0% | 1 | 0.2% | |
| Nov-21 | 352 | 545 | 154.8% | 0.6 | 2,259 | $801,206 | 36 | $355 | 0 | 0.0% | 1 | 0.2% | |
| Oct-21 | 387 | 453 | 117.1% | 0.9 | 2,230 | $773,922 | 34 | $347 | 0 | 0.0% | 0 | 0.0% | |
| Sep-21 | 423 | 504 | 119.1% | 0.8 | 2,213 | $783,308 | 33 | $354 | 0 | 0.0% | 0 | 0.0% | |
| Aug-21 | 445 | 499 | 112.1% | 0.9 | 2,302 | $790,689 | 32 | $343 | 1 | 0.2% | 0 | 0.0% | |
| Jul-21 | 348 | 545 | 156.6% | 0.6 | 2,277 | $765,380 | 31 | $336 | 1 | 0.3% | 0 | 0.0% | |
| Jun-21 | 305 | 619 | 203.0% | 0.5 | 2,281 | $754,590 | 26 | $331 | 0 | 0.0% | 0 | 0.0% | |
| May-21 | 272 | 650 | 239.0% | 0.4 | 2,354 | $781,691 | 29 | $332 | 0 | 0.0% | 0 | 0.0% | |
| Apr-21 | 259 | 694 | 268.0% | 0.4 | 2,369 | $754,925 | 33 | $319 | 0 | 0.0% | 0 | 0.0% | |
| Mar-21 | 263 | 718 | 273.0% | 0.4 | 2,468 | $755,983 | 43 | $306 | 0 | 0.0% | 1 | 0.1% | |
| Feb-21 | 289 | 592 | 204.8% | 0.5 | 2,373 | $718,754 | 48 | $303 | 0 | 0.0% | 2 | 0.3% | |
| Jan-21 | 399 | 558 | 139.8% | 0.7 | 2,453 | $695,146 | 58 | $283 | 0 | 0.0% | 1 | 0.2% | |
| Scottsdale Housing Market Conditions 2020 | |||||||||||||
| Dec-20 | 592 | 692 | 116.9% | 0.9 | 2,530 | $719,892 | 55 | $285 | 0 | 0.0% | 2 | 0.3% | |
| Nov-20 | 674 | 602 | 89.3% | 1.1 | 2,440 | $689,637 | 59 | $283 | 3 | 0.4% | 0 | 0.0% | |
| Oct-20 | 741 | 670 | 90.4% | 1.1 | 2,468 | $691,003 | 52 | $280 | 1 | 0.1% | 3 | 0.4% | |
| Sep-20 | 669 | 647 | 96.7% | 1.0 | 2,526 | $684,040 | 63 | $271 | 3 | 0.4% | 2 | 0.3% | |
| Aug-20 | 726 | 624 | 86.0% | 1.2 | 2,466 | $662,681 | 75 | $269 | 4 | 0.6% | 1 | 0.2% | |
| Jul-20 | 776 | 654 | 84.3% | 1.2 | 2,498 | $667,944 | 71 | $267 | 5 | 0.6% | 2 | 0.3% | |
| Jun-20 | 1,040 | 623 | 59.9% | 1.7 | 2,442 | $629,337 | 72 | $258 | 4 | 0.4% | 5 | 0.8% | |
| May-20 | 1,059 | 399 | 37.7% | 2.7 | 2,334 | $597,969 | 70 | $256 | 2 | 0.2% | 1 | 0.3% | |
| Apr-20 | 1,123 | 403 | 35.9% | 2.8 | 2,457 | $642,337 | 68 | $261 | 3 | 0.3% | 3 | 0.7% | |
| Mar-20 | 936 | 599 | 64.0% | 1.6 | 2,472 | $643,186 | 77 | $260 | 6 | 0.6% | 2 | 0.3% | |
| Feb-20 | 1,004 | 524 | 52.2% | 1.9 | 2,503 | $640,009 | 79 | $256 | 3 | 0.3% | 2 | 0.4% | |
| Jan-20 | 1,025 | 406 | 39.6% | 2.5 | 2,433 | $597,435 | 80 | $246 | 2 | 0.2% | 2 | 0.5% | |
| Scottsdale Housing Market Conditions 2019 | |||||||||||||
| Dec-19 | 1,109 | 547 | 49.3% | 2.0 | 2,518 | $623,940 | 84 | $248 | 5 | 0.5% | 1 | 0.2% | |
| Nov-19 | 1,182 | 453 | 38.3% | 2.6 | 2,440 | $612,027 | 82 | $251 | 3 | 0.3% | 4 | 0.9% | |
| Oct-19 | 1,142 | 500 | 43.8% | 2.3 | 2,242 | $527,196 | 92 | $235 | 3 | 0.3% | 4 | 0.8% | |
| Sep-19 | 1,078 | 523 | 48.5% | 2.1 | 2,423 | $587,496 | 91 | $242 | 8 | 0.7% | 3 | 0.6% | |
| Aug-19 | 1,157 | 548 | 47.4% | 2.1 | 2,410 | $568,410 | 90 | $236 | 9 | 0.8% | 3 | 0.5% | |
| Jul-19 | 1,359 | 591 | 43.5% | 2.3 | 2,422 | $574,085 | 91 | $237 | 7 | 0.5% | 7 | 1.2% | |
| Jun-19 | 1,519 | 624 | 41.1% | 2.4 | 2,434 | $586,077 | 96 | $241 | 7 | 0.5% | 10 | 1.6% | |
| May-19 | 1,727 | 730 | 42.3% | 2.4 | 2,502 | $597,669 | 92 | $239 | 7 | 0.4% | 3 | 0.4% | |
| Apr-19 | 1,783 | 638 | 35.8% | 2.8 | 2,491 | $601,678 | 95 | $242 | 8 | 0.4% | 6 | 0.9% | |
| Mar-19 | 1,816 | 570 | 31.4% | 3.2 | 2,305 | $557,361 | 92 | $242 | 13 | 0.7% | 4 | 0.7% | |
| Feb-19 | 1,744 | 442 | 25.3% | 3.9 | 2,421 | $568,695 | 101 | $235 | 7 | 0.4% | 5 | 1.1% | |
| Jan-19 | 1,558 | 376 | 24.1% | 4.1 | 2,456 | $584,601 | 93 | $238 | 6 | 0.4% | 2 | 0.5% | |
NOTE: we use the term “foreclosure” to describe bank owned homes and short sales because most people are familiar with it. “Distressed Properties” may be more accurate.
- Total Active – # of homes for sale at the beginning of the current month
- Total Sold – # of homes sold in the current month
- % Sold – a ratio of total sold to total active
- MO. INV. – based on total sold, how many months it would take to sell the total “active” inventory
- Sq ft – average square footage of sold homes
- Price – average sales price of sold homes
- DOM – Days On Market, or average days to sale
- $ sq ft – average price per square foot
- +/- List Price – the average dollars received by sellers above or below their average list prices
- Active # Foreclo. – # distressed properties for sale at beginning of month
- % Active Foreclo. – active # distressed properties expressed as a %
- Sold Foreclo. – # distressed properties sold in current month
- % Sold Foreclo. – # distressed properties expressed as a %
About ScottsdaleState: Arizona
County: Maricopa
Location: Scottsdale
ZIP or Postal Code(s): 85250, 85251, 85253, 85254, 85255, 85256, 85257, 85258, 85259, 85260, 85262, 85263, 85264, 85266, 85268Scottsdale Fast Facts
- Whatever lifestyle do you prefer you can find it here. Scottsdale’s reputation for quality keeps home values high. The Scottsdale housing market offers enormous variety, so buyers have unlimited choices regarding where and how they want to live. Price range from affordable family homes in the mid $200,000’s to multi-million dollar resort properties. “The West’s Most Western Town” also offers a large variety of horse properties.
- Population: 246,645 in 2017 making it the 4th largest city in Metro Phoenix and 5th in state.
- Area: 184 square miles, stretching 31 miles north to south.
- In addition, Scottsdale neighborhoods offer unbeatable extras. Typical master-planned communities include bike paths, activity centers, heated community pools and parks, as well as elementary schools, citizens centers and libraries. In these tight knit communities, neighborhood activities abound, ranging from wine and cheese fundraisers, craft activities, parents’ clubs and scrap booking to tennis and singles clubs.
- The business mix includes: Corporate Headquarter and Regional Offices, High Tech and Bio-Technology, Healthcare and Medical, Research and Development
- The combined quality and quantity of the area’s daily fee golf clubs and courses makes Scottsdale a “must-visit” destination for the serious golfer. And, if you’re here in January, be sure to take in pro tournament action at The Phoenix Open, home to The Bird’s Nest, the wildest party stop on the PGA tour.
Return here frequently for updated Scottsdale Housing Market Conditions and Scottsdale AZ Real Estate Listings by Scottsdale Realtors looking out for your best interests.
