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In the coming months, it’s important to watch for softening prices, as both averages and medians have slipped year-over-year, creating more negotiating power for buyers. Inventory levels continue to climb, offering more choices and putting pressure on sellers to price competitively. With mortgage rates holding steady, the key question is whether demand will keep pace with growing supply—or if the balance will tilt further in favor of buyers.
– Grant Van Dyke
Scottsdale
Average Sales Price: Q3 2024 > $1,520,918 vs Q3 2025 > $1457269 = 4% decrease
Average Days On Market: Q3 2024 > 85 vs Q3 2025 > 91 = 7% increase
Average Sale Price Per Square Foot: Q3 2024 > $477 vs Q3 2025 > $473 = 1% decrease
Sale to List Price Ratio: Q3 2024 > 95.99% vs Q3 2025 > 95.59% = 0% Change
Number of Sold Listings: Q3 2024 > 881 vs Q3 2025 > 888 = 1% increase
Months Supply of Inventory: Q3 2024 > 2.98 vs Q3 2025 > 3.17 = 6% increase
Mortgage Rate: Q3 2024 > 6.24% vs Q3 2025 > 6.27% = 0% Change
Top 10 Sales
$19,050,000 11098 E Whistling Wind Way
$14,000,000 9140 E Grapevine Pass
$7,500,000 24066 N 90th Way
$7,400,000 9451 E Happy Valley Rd
$6,675,000 10040 E Happy Valley Rd #1
$6,350,000 27951 N 96th Pl
$6,275,000 19054 N 97th Pl
$6,075,000 38031 N 97th Way
$6,000,000 27256 N 97th Pl
$6,000,000 20084 N 103Rd St, Scottsdale
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
