Scottsdale, AZ Housing Market Report

The Scottsdale housing market entering December 2025 is characterized by a shift toward a more balanced environment, though it remains highly competitive for premium properties. With a median home value of $832,749, the market has seen a marginal year-over-year increase of 0.01 percent, effectively plateauing after a period of volatility. The most significant shift is found in active inventory, which has surged by 9.29 percent to 21,137 units. This increase in supply, coupled with homes spending an average of 70 days on the market—eight days longer than last year—suggests that buyers now have more leverage and selection than they did in previous cycles.

Price trends over the last six months reveal a classic V-shaped recovery within the short term. After hitting a low of $822,934 in September 2025, values have climbed steadily for three consecutive months. This late-year momentum indicates that demand remains resilient despite higher inventory levels. The sale-to-list ratio stands at 0.99, demonstrating that while buyers are negotiating more effectively, sellers are still achieving nearly their full asking price, provided the property is priced accurately for current conditions.

Looking ahead, the Scottsdale market appears to be stabilizing into a sustainable growth phase. For sellers, the increase in days on market means patience and professional staging are more critical than ever to stand out among the growing inventory. For buyers, the combination of a 0.99 sale-to-list ratio and increased supply provides a window of opportunity to secure properties without the frantic bidding wars of the past. As the Phoenix-Mesa-Chandler metro area continues to attract professional talent, Scottsdale’s luxury appeal is expected to maintain these steady valuations through the first half of 2026.