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Scottsdale Market Report

$1,543,737

AVERAGE PRICE OF 2,430 HOMES

$1,339,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,659,052

AVERAGE PRICE OF 1,088 MULTI-MILLION DOLLAR HOMES

$2,394,439

AVERAGE PRICE OF 489 NEWLY BUILT HOMES

$2,321,152

AVERAGE PRICE OF 1,055 HOMES WITH A POOL

$986,407

AVERAGE PRICE OF 116 REDUCED PRICE HOMES

Average Home

Average Price $1,543,737
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.88 baths

Average Price by Bedrooms

1 bedroom $380,625
2 bedrooms $731,115
3 bedrooms $1,185,749
4 bedrooms $1,644,647
5 bedrooms $2,895,259
Scottsdale Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 2,505 2,400 2,372 2,410 n/a
Average Price $1,517,231 $1,465,927 $1,474,477 $1,503,685 n/a
Avg Price Change +3.50% -0.58% -1.98% n/a n/a
Median Price $908,689 $900,213 $900,923 $924,780 n/a
Med Price Change +0.94% -0.08% -2.65% n/a n/a
Avg Bedrooms 3.31 beds 3.29 beds 3.27 beds 3.31 beds n/a
Avg Bathrooms 2.86 baths 2.81 baths 2.8 baths 2.83 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cactus Shadows High School 533 $2,320,577 124 days
Chaparral High School 287 $3,159,388 101 days
Desert Mountain High School 321 $1,114,807 104 days
Horizon High School 337 $1,004,714 110 days
Saguaro High School 279 $763,856 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,430 $1,543,737 103 days
Distressed Homes 3 $1,339,333 86 days
Multi-Million Dollar Homes 1,088 $2,659,052 115 days
Newly Built Homes 489 $2,394,439 225 days
Homes with a Pool 1,055 $2,321,152 91 days
Reduced Price Homes 116 $986,407 67 days
Stephanie Cerreta | Russ Lyon Sotheby's International Realty
Stephanie Cerreta
7669 E Pinnacle Peak Rd. Suite 110
Scottsdale, AZ 85255
602-738-2849

© 2022 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Russ Lyon Sotheby's International Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. November 26, 2022
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