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Homes For Sale

Market Trends

Scottsdale Market Trends

Median Home Sale Price


 

Maricopa County Market Trends

Maricopa County - Key Metrics
This is the current data for home prices, inventory, and market activity for the greater Phoenix area, including Scottsdale. The Scottsdale real estate market has been on an upturn since the end of 2011 when home prices were astonishingly low. The median sales price for homes in Maricopa County is up 28.8 percent from last year and the average sales price is up 22.6 percent.

For more information on current market trends in Phoenix and Scottsdale contact Carmen Brodeur at Carmen@TopScottsdaleHomes.com, or check out recent articles below.


 

May Marks Turning Point in Housing Frenzy, Homebuyers Starting to Regain Control

By Liz Hughes, Phoenix Agent Magazine, June 7, 2022

Homebuyers are finally starting to regain some control.

May was a turning point in the pandemic housing frenzy, according to a new Redfin report, which saw home inventory climb to a new high and more sellers dropping their prices.

Read more


 

Median Listing Price Hits Record $550,000 in Metro Phoenix

AZ Business Magazine, June 6, 2022

New data suggests the U.S. housing market hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since June 2019, according to the Realtor.com® Monthly Housing Trends Report released today. At the same time, the median national home price soared to an all-time high of $447,000 and buyers snatched up listings a week faster than last year. The median listing price in Metro Phoenix hit an all-time high of $550,000 in May, a year-over-year increase of 22.2%.

Read more


 

Scottsdale Ranks No. 1 Among Most Recovered Cities from Pandemic

AZ Business Magazine, May 9, 2022

The economy gained 431,000 jobs in March, and the national unemployment rate is now 3.6%, which is 76% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today released its report on the Cities Whose Unemployment Rates Are Bouncing Back Most, as a follow-up to our report on the States Whose Unemployment Claims Are Recovering the Quickest. The good news for Arizona is that the state in home to eight of the 10 most recovered cities, including Scottsdale, which is No. 1.

Read more


 

Median Home Price in Arizona Regional MLS Rises for Seventh Consecutive Month

By Patrick Regan, Phoenix Agent Magazine, April 21, 2022

The median home sale price in the Arizona Regional Multiple Listing Service reached a record $487,500 in March.

The median single-family home price was flat at $350,000 in both October and November 2020. Since then, the number has increased every month but one, rising more than 39% over 16 months.

The only blip on that steady rise was in August 2021, when the median dropped to $429,900 compared to $430,000 the previous month.

Read more


 
Stay informed on the latest Scottsdale real estate market trends by bookmarking this page. The real estate trends in Phoenix and Scottsdale are completely different than the national trends. This page is updated frequently to keep you informed on the changes in the market. Research the latest Scottsdale real estate trends and housing statistics right here. We want all of our clients to have access to the most current Scottsdale real estate stats.

Please call Carmen Brodeur at (602) 791-0536 with any questions.

Meet Carmen

Carmen Brodeur Scottsdale RealtorVoted in the Top 3 Realtors in Arizona by the readers of Ranking Arizona Magazine, 2015-2022.​ Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.

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Your Scottsdale Real Estate Connection

Whether you are buying or selling, we are committed to providing you with exceptional service. Put our experience to work for you. Contact Carmen Brodeur today at Carmen@TopScottsdaleHomes.com

Our Office

We are conveniently located in North Scottsdale close to Loop 101.

Trillium Properties, LLC
9825 E Bell Road, Suite 120
Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
 
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