Source for monthly Scottsdale Housing Market Report by Realtors serving Scottsdale, AZ. Information is power. Facts not fiction from the Arizona Regional Multiple Listing Service (ARMLS).
Text 602-300-0374
LISTINGS TO BEGIN MARCH and FEBRUARY RESULTS
(Table may require a swipe left on mobile devices)
Strong Buyer's Market | Buyer's Market | Balanced | Seller's Market | Strong Seller's Market |
On a price per-square foot average (see tables below):
February's price per-square foot of $420 is up $2 from January, up $29 from last February, and $1 than their previous peak in May '22
In February, sellers received an average of -$21,849 less than their asking prices
March 2025 began with 981 listings, which is 136% of the 3 year average of 722 (from 2022-2024).
February had 372 sales, or 113% of the 3 year average of 329 (from 2022-2024).
Scottsdale is currently turning over housing inventory once every 2.5 months
Days on market for sold homes are currently 69
Bank-owned properties and short sales made up only 0.0% of all Scottsdale sales last month
Note:
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 $420.
Scottsdale Housing Market Report Updated in March 2025
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
The sales data below will increase your understanding of the local housing market (we have city data archived back to January 2008).
(Table may require a swipe left on mobile devices)
Month | Total Active | Total Sold | % Sold | MO. INV. | Sq ft | Price | DOM | $$ sq ft | +/- List Price |
Mar-25 | 981 |
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Feb-25 | 925 | 372 | 40.2% | 2.5 | 2,071 | $868,986 | 69 | $420 | -$21,849 |
Jan-25 | 822 | 269 | 32.7% | 3.1 | 2,100 | $876,857 | 79 | $418 | -$27,085 |
Dec-24 | 914 | 292 | 31.9% | 3.1 | 2,104 | $856,682 | 73 | $407 | -$27,970 |
Nov-24 | 970 | 291 | 30.0% | 3.3 | 2,177 | $861,312 | 62 | $396 | -$25,285 |
Oct-24 | 946 | 287 | 30.3% | 3.3 | 2,161 | $867,431 | 68 | $401 | -$28,900 |
Sep-24 | 826 | 231 | 28.0% | 3.6 | 2,201 | $886,006 | 73 | $403 | -$27,457 |
Aug-24 | 801 | 280 | 35.0% | 2.9 | 2,086 | $827,979 | 76 | $397 | -$26,301 |
Jul-24 | 843 | 293 | 34.8% | 2.9 | 2,199 | $868,138 | 77 | $395 | -$28,068 |
Jun-24 | 870 | 297 | 34.1% | 2.9 | 2,159 | $857,713 | 70 | $397 | -$25,997 |
May-24 | 863 | 363 | 42.1% | 2.4 | 2,131 | $858,708 | 67 | $403 | -$24,007 |
Apr-24 | 856 | 290 | 33.9% | 3.0 | 1,912 | $715,903 | 66 | $374 | -$14,279 |
Mar-24 | 852 | 345 | 40.5% | 2.5 | 2,101 | $831,718 | 64 | $396 | -$23,738 |
Feb-24 | 820 | 301 | 36.7% | 2.7 | 2,217 | $866,613 | 68 | $391 | -$23,489 |
Jan-24 | 665 | 240 | 36.1% | 2.8 | 2,113 | $833,216 | 68 | $394 | -$27,044 |
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Dec-23 | 750 | 254 | 33.9% | 3.0 | 2,079 | $786,422 | 65 | $378 | -$24,085 |
Nov-23 | 801 | 280 | 35.0% | 2.9 | 2,152 | $847,964 | 49 | $394 | -$26,513 |
Oct-23 | 693 | 255 | 36.8% | 2.7 | 2,164 | $850,425 | 52 | $393 | -$25,810 |
Sep-23 | 603 | 284 | 47.1% | 2.1 | 2,134 | $830,919 | 54 | $389 | -$18,880 |
Aug-23 | 601 | 336 | 55.9% | 1.8 | 2,145 | $844,715 | 63 | $394 | -$22,699 |
Jul-23 | 579 | 302 | 52.2% | 1.9 | 2,168 | $829,389 | 70 | $383 | -$20,000 |
Jun-23 | 656 | 447 | 68.1% | 1.5 | 2,203 | $839,289 | 63 | $381 | -$25,782 |
May-23 | 689 | 471 | 68.4% | 1.5 | 2,238 | $851,490 | 61 | $380 | -$25,548 |
Apr-23 | 809 | 330 | 40.8% | 2.5 | 2,171 | $829,153 | 71 | $382 |
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Mar-23 | 811 | 445 | 54.9% | 1.8 | 2,210 | $835,450 | 73 | $378 |
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Feb-23 | 854 | 294 | 34.4% | 2.9 | 2,213 | $828,843 | 71 | $375 |
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Jan-23 | 816 | 227 | 27.8% | 3.6 | 2,111 | $778,523 | 70 | $369 |
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Dec-22 | 958 | 237 | 24.7% | 4.0 | 2,243 | $791,545 | 71 | $353 |
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Nov-22 | 1,007 | 275 | 27.3% | 3.7 | 2,216 | $829,656 | 58 | $374 |
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Oct-22 | 960 | 289 | 30.1% | 3.3 | 2,177 | $841,916 | 51 | $387 |
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Sep-22 | 883 | 290 | 32.8% | 3.0 | 2,180 | $844,854 | 49 | $388 |
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Aug-22 | 889 | 311 | 35.0% | 2.9 | 2,136 | $807,662 | 43 | $378 |
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Jul-22 | 742 | 270 | 36.4% | 2.7 | 2,074 | $840,720 | 32 | $405 |
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Jun-22 | 572 | 412 | 72.0% | 1.4 | 2,140 | $881,715 | 28 | $412 |
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May-22 | 304 | 473 | 155.6% | 0.6 | 2,122 | $889,517 | 23 | $419 |
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Apr-22 | 195 | 497 | 254.9% | 0.4 | 2,101 | $872,548 | 24 | $415 |
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Mar-22 | 186 | 542 | 291.4% | 0.3 | 2,139 | $854,724 | 26 | $400 |
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Feb-22 | 166 | 420 | 253.0% | 0.4 | 2,157 | $830,857 | 36 | $385 |
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Jan-22 | 224 | 402 | 179.5% | 0.6 | 2,194 | $813,136 | 37 | $371 |
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Table Explanation for Scottsdale Housing Market Report
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
Monthly Scottsdale Housing Market Report by Realtors serving Scottsdale, AZ
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