Scottsdale Real Estate Update: Market Correction or Calm Stability?

The Scottsdale housing market is showing signs of a measured correction, not a crash.

By Shay Noonan | Scottsdale Local & Real Estate Expert

The median price of single-family homes has dipped to $1.15 million, down from its peak of $1.3 million in January 2025 and $1.22 million at the same time last year. While this downward trend may sound concerning, I emphasizes: “This is not a market collapse — it’s a healthy adjustment.”

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Key Highlights:

• Median Sales Price: Now at $1.15M, showing a gentle decline over the year

• Days on Market: Homes take an average of 73 days to sell

• Stable Outlook: The market is moving sideways, not spiraling

• Proper Pricing Works: Well-priced homes are still selling fast

• Buyer Advantage: More room to negotiate with softer prices

• Seller Strategy: Time to list smartly before further shifts

• Ongoing Guidance: Shane encourages followers to stay updated

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What This Means for You

For Sellers:

This is a time to act strategically — not fearfully. With homes sitting longer, pricing your property right from the start is critical. Overpricing leads to longer days on market, reduced interest, and lower offers. my advice? Trust the data, not the headlines.

For Buyers:

Slightly lower prices and longer listing periods give buyers the upper hand in negotiations. If you’ve been waiting for your moment — this could be it.

For Everyone:

This market favors knowledge and timing. Whether you’re thinking of listing your home or getting into the market, staying informed is your strongest advantage.

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Stay tuned — Shay Noonan is breaking down the Scottsdale real estate market every step of the way.

Follow for updates, or visit movemetoscottsdale.com to explore listings and market data customized to your goals.