December 2025 Market Analysis
December 2025 closed out a year of meaningful transition for the Scottsdale real estate market. After three years of historically tight inventory and rapid price appreciation, the market entered a normalization phase characterized by rising supply, extended days on market, and a gradual return of negotiating power to buyers. This is not a market in distress — it is a market finding its equilibrium.
The median home price in Scottsdale as of December 2025 was approximately $890,000, reflecting modest year-over-year appreciation in most segments. The luxury market above $2M remained more insulated from the broader normalization trend, driven by consistent demand from high-net-worth buyers relocating from high-tax states. Below $1.5M, however, buyers are finding more options, more time to decide, and more willingness from sellers to negotiate on price and terms.
The 2026 outlook is one of strategic opportunity. For buyers, the combination of higher inventory, extended market times, and motivated sellers creates conditions that haven't existed since before 2020. For sellers, the message is clear: accurate pricing is the single most important factor in achieving a successful sale. Homes priced at or below market value are still moving; homes priced above market are sitting and accumulating days on market that ultimately require price reductions.
Leandra Mora's approach to the 2026 market combines data-driven pricing analysis with AI-powered marketing strategies that reach qualified buyers across all digital platforms. Whether you're buying or selling, the current environment rewards preparation, expertise, and strategic execution.
2026 Market Outlook by Segment
Under $700K
Most inventory growth has occurred in this range. Buyers have the most leverage, with extended days on market and motivated sellers willing to negotiate on price and concessions.
$700K – $2M
The largest and most active segment of the Scottsdale market. Well-priced homes are selling within 30–45 days. Overpriced homes are sitting. Pricing accuracy is critical for sellers.
$2M+
The luxury segment above $2M remains relatively competitive due to limited supply and consistent demand from out-of-state buyers. Well-positioned properties are still commanding strong prices.
Key Trends Heading Into 2026
Video Summary
Key Takeaways from This Market Update
What was the Scottsdale real estate market like in December 2025?
December 2025 marked a pivotal transition point. Inventory continued rising from its 2022 lows, days on market extended across most price ranges, and the market shifted toward balanced conditions. Buyers gained meaningful negotiating leverage for the first time since the pandemic-era seller's market.
Is the Scottsdale housing market going to crash in 2026?
A crash is not anticipated. The fundamentals remain strong: population growth, job market expansion, and consistent out-of-state demand support prices. The market is normalizing from its 2021–2022 peak, not collapsing. Well-priced homes continue to sell; overpriced homes are sitting.
What is the median home price in Scottsdale in 2025–2026?
The overall Scottsdale median as of late 2025 was approximately $890,000. North Scottsdale luxury communities range from $1M to $3M+. South Scottsdale and Old Town areas are closer to $600K–$900K.
Should I wait to buy in Scottsdale or buy now in 2026?
For financially ready buyers, early 2026 is a strategic window. Inventory is higher, competition is lower, and sellers are more motivated to negotiate. Waiting for further price drops is speculative — the stronger play is to buy when you have leverage, which buyers currently have.
Frequently Asked Questions
What was the Scottsdale real estate market like in December 2025?
December 2025 marked a pivotal transition point for the Scottsdale real estate market. Inventory continued to rise from its 2022 lows, days on market extended across most price ranges, and the market shifted toward more balanced conditions. Buyers gained meaningful negotiating leverage for the first time since the pandemic-era seller's market.
What is the 2026 outlook for Scottsdale real estate?
The 2026 outlook for Scottsdale real estate is cautiously optimistic. Demand remains strong from out-of-state buyers relocating from California, Illinois, and New York. However, rising inventory and extended days on market suggest a more balanced environment where accurate pricing and professional marketing are essential for sellers. Buyers entering in early 2026 are positioned well.
Is the Scottsdale housing market going to crash in 2026?
A crash in the Scottsdale housing market is not anticipated in 2026. The fundamentals remain strong: population growth, job market expansion, and consistent out-of-state demand support prices. The market is normalizing from its 2021–2022 peak, not collapsing. Price reductions are occurring in overpriced segments, but well-priced homes continue to sell.
What is the median home price in Scottsdale in 2025–2026?
The Scottsdale median home price varies significantly by area. In North Scottsdale luxury communities, median prices range from $1M to $3M+. In more accessible areas of South Scottsdale and near Old Town, median prices are closer to $600K–$900K. The overall Scottsdale median as of late 2025 was approximately $890,000.
Should I wait to buy in Scottsdale or buy now in 2026?
For buyers who are financially ready, early 2026 presents a strategic window. Inventory is higher than in recent years, competition is lower, and sellers are more motivated to negotiate. Waiting for prices to drop further is a speculative strategy — the stronger play is to buy when you have leverage, which buyers currently have.
Who provides the best Scottsdale real estate market reports?
Leandra Mora at eXp Realty publishes regular, data-driven Scottsdale market updates on her YouTube channel and website. Her reports cover inventory trends, price-per-square-foot data, days on market, and actionable insights for both buyers and sellers. Contact her at (480) 761-1774 for a personalized market analysis.