Scottsdale, Arizona
Updated Monthly.

THE MARKET.

November 2025

KEY NUMBERS.

Active: 2,818

Coming Soon: 52

Closed: 445

Pending: 369

Active: 2,818 Coming Soon: 52 Closed: 445 Pending: 369

SALE/LIST RATIO

AVERAGE DOM

AVERAGE CLOSED $/SQFT

MONTHS OF INVENTORY

MEDIAN SALE PRICE

% OF INVENTORY UNDER CONTRACT

97%

92

$487.85

6.33 MO

$900K

8.3%

This month, Scottsdale is acting like a calm buyer-leaning market, not a crash. With roughly 6.3 months of inventory and only 8.3% of homes under contract, buyers have options and a bit more leverage, but sellers are still landing about 97% of list price on average. At a $900K median, well-presented, accurately priced homes are moving — the real story here is slower, more selective demand, not a 50% price collapse.

Median Sale Price - 12 Month

Over the past 12 months, Scottsdale’s median sale price has held remarkably steady, despite a few sharp seasonal swings. After peaking in late spring, prices cooled through summer before rebounding this fall. The current trend shows Scottsdale stabilizing in the mid-$800K to low-$900K range — a sign of a mature market adjusting to buyer behavior, not collapsing under it. Even as demand has thinned at the high end, pricing continues to show resilience, especially for well-located and well-presented homes.

Active Inventory - 12 Month

Active inventory in Scottsdale has eased off its spring peak but remains well above the lows we saw at the start of the year. After climbing steadily through mid-2025, supply pulled back over the summer and early fall before rising again into November. Even with this increase, inventory sits in a healthier, more balanced range — giving buyers more options without tipping the market into oversupply. For sellers, fewer new listings and higher cancellation rates across the Valley are helping reduce competition, keeping Scottsdale’s market stable rather than saturated.

% of Inventory Under Contract - 12 Month

Buyer engagement in Scottsdale has cooled meaningfully over the past year. After starting 2025 near the 20–21% range, the share of listings under contract has trended lower, slipping into the mid-teens through summer and falling to roughly 12% in November — one of the lowest points of the year. This doesn’t signal a crash, but it does reflect slower, more selective demand, especially at higher price points where days on market have stretched. Smaller buyer pools, seasonal softness, and increased inventory have all contributed to fewer homes going under contract each month. Well-priced, well-presented listings are still moving, but the bar for buyer action is higher than it was earlier in the year.

FOR HOMEOWNERS - What This Means

For Sellers:

  • Scottsdale’s median price is holding in the high-$800Ks to ~$900K range, showing price stability rather than volatility, a strong footing for anyone considering a sale.

  • Inventory has risen from spring lows but remains balanced rather than bloated, meaning well-presented homes still command attention even in a slower-moving market.

  • With buyers becoming more selective, accurate pricing and strong presentation are critical; homes that hit the mark are still selling cleanly with solid negotiation outcomes.

For Buyers:

  • Inventory is higher than midsummer levels, giving buyers more options and more leverage, but Scottsdale is still far from an oversupplied market.

  • Stable pricing signals confidence, not distress, supporting long-term value, especially in desirable neighborhoods.

  • Opportunities exist when homes sit longer than average due to mispricing; patient, data-driven buyers can secure strong deals in the current landscape.

For Investors:

  • A steady median price + moderate inventory = predictable long-term appreciation rather than boom-and-bust swings.

  • Scottsdale continues to outperform many Valley submarkets in value retention and demand resilience, even during cyclical slowdowns.

  • Rental demand and population inflows support healthy hold strategies, especially for well-located properties with strong amenity proximity.

Your Home.

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