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Scottsdale AZ Housing Market
Summary of the Scottsdale AZ Housing Market
In September 2023, the housing market in Scottsdale experienced a 2.3% increase in home prices compared to the previous year, with the median price for homes reaching $819,000. Homes in Scottsdale, on average, sold more quickly, taking 46 days to sell compared to 48 days the previous year. However, there was a slight decrease in the number of homes sold, with 380 homes sold in September 2023, down from 404 in the same month the previous year.
Median Sale Price: $818,500
Number of Homes Sold: 380
Median Days on the Market: 46
Housing Market Competition:
Scottsdale is somewhat competitive. Homes sell in 46 days. The average house sells for about 3% below list price.
Scottsdale’s Migration and Relocation Trends
In July 2023 – September 2023, 30% of Scottsdale homebuyers were looking to move out of Scottsdale. On the other hand, 70% of Scottsdale homeowners looked to stay within the metropolitan area. On average, Seattle homebuyers searched to move into Scottsdale more than any other metro followed by Los Angeles and Tucson. Prescott Valley was among the most popular destination among Scottsdale homebuyers followed by Show Low and Flagstaff.
Our Current Off Market Listings in Scottsdale
If you are looking to buy a luxurious home in Scottsdale, browse our current off-market listings in Scottsdale. Our team of real estate professionals has sold over 400 luxury homes backed by 20 years of experience.