Scottsdale – Arizona

Scottsdale – Arizona

Scottsdale’s housing market remains robust, with steady overall appreciation. While the luxury segment—particularly in North Scottsdale—shows signs of slight softening, demand remains high. Inventory has increased modestly, giving buyers a bit more leverage, though premium neighborhoods continue to favor sellers. Scottsdale’s luxury real estate continues to attract high-net-worth individuals, with the city now home to approximately 14,800 millionaires, including over 60 centimillionaires and several billionaires. This ongoing influx is fueling strong, sustained interest in upscale properties.

MARKET DATA
(MLS Sales Closed from Jan. 1, 2025 to Jun. 30, 2025)
SINGLE FAMILY DETAHCED HOMES ONLY
MEDIAN PRICE:
$1,235,000
AVG PRICE:
$1,658,000
HOMES CLOSED:
2161
AVG SQ. FT:
3028

Based on information from Arizona Regional MLS for the period

*It’s important to note that the real estate market can be influenced by many factors, such as economic conditions, interest rates, and local markets. it’s always advisable to contact us for the most up-to-date and specific information.

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