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In the coming months, it’s important to watch whether Scottsdale’s elevated inventory levels persist, as sustained supply above seven months would continue to shift negotiating leverage toward buyers and place greater pressure on pricing accuracy. It will also be critical to monitor whether average prices remain elevated or return to normal as more mid-range homes close, since recent gains were driven by a concentration of luxury sales rather than broad-based appreciation. Finally, mortgage-rate direction near the low-6% range will matter less than buyer confidence, and absorption rates can help at the margin, but inventory and pricing discipline will ultimately drive market outcomes.
– Grant Van Dyke
Scottsdale
Average Sales Price: December 2025 – $1,565,300 vs January 2026 – $1,847,831 = 18% increase
Average Days On Market: December 2025 – 81 vs January 2026 – 106 = 31% increase
Average Sale Price Per Square Foot: December 2025 – $503 vs January 2026 – $519 = 3% increase
Sale to List Price Ratio: December 2025 – 95.97% vs January 2026 – 96.59% = 1% increase
Number of Sold Listings: December 2025 – 405 vs January 2026 – 273 = 33% decrease
Months Supply of Inventory: December 2025 – 4.5 vs January 2026 – 7.62 = 70% increase
Mortgage Rate: December 2025 – 6.25% vs January 2026 – 6.18% = 1% decrease
Top 10 Sales
$13,720,000 11200 E Canyon Cross Way
$11,400,000 6230 E Hillcrest Blvd
$7,700,000 18802 N 97th Place
$7,400,000 26796 N 98th Way
$7,100,000 27482 N 103rd Street
$6,500,000 10935 E Purple Aster Way
$6,500,000 28805 N 114th St
$5,700,000 3851 N Jokake Drive
$5,500,000 10124 E Whispering Wind Drive
$5,00,000 26761 N 98th Way
GRAB OUR FREE COURSES
➡️ 6 Steps To Home Buyer Success – http://vandykebuyerplan.com
➡️ 7 Steps To Home Seller Plan – http://vandykesellerplan.com
➡️ 8 Steps To Agent Success – http://vandykeagentplan.com
