Scottsdale Real Estate Market Update: What Buyers and Seller Need to Know This Fall
As we head into fall 2025, the Scottsdale real estate market continues to evolve. It is becoming more balanced and strategic. Whether you're buying or selling, here's are some thoughts to consider to make the smartest move.
- Market Cooling & Price Shifts
Recent data from Redfin shows that the July 2025 median sale price in Scottsdale dropped to $820,000, down 8.9% year-over-year, with homes averaging 79 days on market — up from 63 a year prior. Zillow offers a similar snapshot, estimating the typical Scottsdale home value at $831,655 with a modest 1% annual decline, and a median of 47 days to pending. This signals a market shift from fast-paced to one offering buyers’ room to negotiate - A More Balanced Market
August 2025 marked a more neutral market - favoring neither side - according to Realtor.com, with median days on market rising to 86 days. Phoenix-area trends echo this, as nearly 30% of home listings were delisted in May 2025 without sale—a major increase that’s easing seller pressure. - Luxury & High-Net-Worth Influx
Despite the cooling, Scottsdale continues to attract affluent buyers. In fact, Scottsdale has become the fastest-growing U.S. millionaire hub, outpacing Austin, with over 14,800 millionaires, including centimillionaires and billionaires, now calling the city home.
What It Means for Sellers
You’re in a favorable spot—but only if you’re priced right. With rising inventory and longer days on market, positioning your home effectively with great staging and competitive pricing is key to generating interest and offers.
What It Means for Buyers
This fall offers rare negotiating power in Scottsdale. With more listings staying active longer and fewer bidding wars, you can find value—especially in the $800K–$900K range—without overpaying. Yes, this is possible as I have walked through several personally.
Final Takeaway
Fall 2025 will bring a modified Scottsdale market—balanced, cooler, yet still resilient. Whether you're buying or selling, success now hinges on strategic timing and pricing. With the right guidance, this season could be your most advantageous yet.
Let me know if you'd like local neighborhood deep dives, buyer/seller checklists, or even property‐specific analysis. I’m happy to help because at Desert Velocity, we don’t just keep up with the market—we set the pace.
