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Q1 Q2 2026 Scottsdale Market Review

Scottsdale Market Review
By Anne Sostman | The Brokery | License SA718853000

Scottsdale, Mid-Year:
Priced Up, Then Held.

Q1 and Q2 2026 · Single Family Closed Sales · ARMLS

Scottsdale entered 2026 repricing and spent the spring holding the new level. The median rose from $1.1 million last summer to $1.29 million in Q1, eased to $1.24 million in Q2 on mix, and price per square foot has been flat within a percent since January. Volume told the stronger story: closings rose every single quarter, and Q2 was the busiest of the year.

“The interesting thing about Scottsdale's first half is what did not happen. Prices climbed through winter, and when the spring surge of inventory arrived, they did not give it back.”
Anne Sostman
$1.24M
Q2 2026 median, single family
$467
Per square foot, flat since Q1
1,332
Q2 closings, the year's busiest quarter
97%
Of asking price, steady all year

The First Half

What the Two Quarters Actually Said.

The repricing happened in winter. From Q3 2025 to Q1 2026 the median single family closing rose from $1,100,000 to $1,290,000 and price per square foot from $433 to $470. That is a real move, not seasonality.

Then spring tested it. Q2 brought the year's highest volume, 1,332 closings against 1,155 in Q1, and the natural question was whether the new price level would survive the supply. It did: $467 per square foot against $470, and sellers still collecting 97% of ask. The median's dip to $1,240,000 reflects which homes sold, more sub-$1M product clearing in spring, rather than falling values.

Days on market crept from 50 to 55, which is worth watching rather than worrying about. Homes priced from closed comparables still move in about a month; the citywide figure carries the overpriced tail, which is documented on the pricing page.

The Numbers

Four Quarters, One Table.

Single family closed sales, ARMLS. Scottsdale is ten distinct zip markets, from roughly $635,000 in 85257 to $1.66 million in 85255, so treat these citywide figures as the frame and the zip table on the market report as the actual valuation context.

Q3 2025
Median $1,100,000 · $433 per square foot · 65 days on market · 96.8% of list · 907 sales
Q4 2025
Median $1,175,000 · $464 per square foot · 52 days on market · 97.3% of list · 1,061 sales
Q1 2026
Median $1,290,000 · $470 per square foot · 50 days on market · 97.4% of list · 1,155 sales
Q2 2026
Median $1,240,000 · $467 per square foot · 55 days on market · 97.2% of list · 1,332 sales

Common Questions

Questions Sellers Ask Most.

Is Scottsdale a buyer's or seller's market in 2026?
Neither extreme, and closer to balanced than the headlines suggest. Through the first half of 2026, single family sellers received about 97% of their final asking price, homes took roughly 50 to 55 days to go under contract, and closing volume rose every quarter, with Q2's 1,332 closings the highest of the year. Sellers who price from evidence are transacting steadily; buyers have enough selection that overpriced homes sit.
What is the median home price in Scottsdale in 2026?
For single family homes, the median closed price was $1,290,000 in Q1 2026 and $1,240,000 in Q2 2026, at roughly $467 to $470 per square foot. Note that Scottsdale is really ten zip-level markets: 85257 medians run near $635,000 while 85255 runs near $1.66 million, so the citywide number is a frame, not a valuation.
Are Scottsdale home prices going up or down right now?
Per square foot, essentially flat since winter: $470 in Q1, $467 in Q2, after climbing from $433 in the second half of 2025. The median dipped from $1,290,000 to $1,240,000, but most of that is mix, meaning which homes happened to sell, rather than repricing. Watch the per-foot number; it is the honest signal.

Work With Anne

Where Does Your Home Sit in This?

The citywide numbers frame the market. Your number comes from closed sales in your zip and your pocket. The walkthrough is complimentary, in person, with a written net sheet.

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