Explore Scottsdale, AZ - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The Scottsdale housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price of $855,000 represents a moderate 5.6% increase from this time last year. With 4.6 months of supply, Scottsdale's inventory levels remain relatively tight. Homes are taking about 67 days to sell, which is 12 days longer than this time last year. A significant 20.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 6.8% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Scottsdale market with the affordability index at 14.5. Based on current market indicators, home prices in Scottsdale are projected to decrease by approximately 3.6% over the next month.
Demographics market for - Scottsdale, AZ
Total Population -
262,653
White Population
84.03%
Black Population
2.01%
Crime for - Scottsdale, AZ
Real Estate Market Prediction for - Scottsdale, AZ
City Hotspots
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