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2023 February Scottsdale AZ Market Update

📈 February 2023 Scottsdale AZ Housing Market Trends Report, Statistics and House Value

Here are 2023 February Scottsdale AZ housing update for single family home and statistics. Be sure to Contact Swee Ng Realtor®, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Scottsdale AZ as 3/7/2023, provided by the FlexMLS system.

February 2023 Scottsdale AZ Housing Market Highlight:
  • February 2023 number of new listings of homes for sale in Scottsdale has increased about 3.1% a year ago
  • 2023 February Scottsdale average sold price for single family home is $1,451,930 and had appreciated about 4.7% from February 2022
  • Scottsdale median sold price in February 2023 is $1,100,000, which had increased about 10.0% from a year ago
  • Almost all of single family home sold in Scottsdale in February 2023 are regular sales
  • Scottsdale most expansive home sold in February 2023 was sold for $9,900,000

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February 2023 Number of Home Sold in Scottsdale AZ

Based on 2023 February Scottsdale statistics, we saw about 36.2% decreased in the number of single family homes sold in February 2023 compared to a year ago. The statistics show that we have 275 single family homes sold in February 2023 in Scottsdale AZ compared to 431 in February 2022.

In February 2023, we saw 79 Days on Market (DOM), compare to 40 a year ago. It took average 79 days to get your Scottsdale single home sold in February 2023.

February 2023 Scottsdale Median Sold Price

February 2023 median sold price for single family home in Scottsdale AZ is $1,100,000. Compare to a year ago, February 2022 median sold price was $1,000,000. The median sold price for single family home in Scottsdale has appreciated about 10.0% from a year ago.

February 2023 Scottsdale Median Sold Price was $1,100,000
Click here to view Homes for Sale in Scottsdale AZ Under $1,000,000

Scottsdale AZ February 2023 Average Sold Price

Average sold price for Scottsdale AZ single family homes in February 2023 is $1,451,930. Compare to last year February average sold price $1,386,205, the average sold price has increased about 4.7% from February 2022.

There are 152 million dollars homes sold in Scottsdale in February 2023.

February 2023 Scottsdale Average Sold Price was $1,451,930
Click here to view Homes for Sale in Scottsdale AZ Under $1,400,000

February 2023 Scottsdale AZ Average Sold Price Per Square Feet

The average sold price per square feet in February 2023 in Scottsdale is $447.00 per square, which is same as last February.

February 2023 Average Price Per Square Feet was $447
Click here to view Homes for Sale Under $350 Per Square Feet Scottsdale AZ

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

💡 Did You Know?
A 1% increase in interest rates, can reduce buying power almost to 10%!! Read How rising interest rates will impact housing affordability?

Wondering How Much House You Can Afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Scottsdale AZ

Contact or call Swee Ng at 480.721.6253 today to discuss your potential Scottsdale AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Home in Scottsdale is Worth Today?

New Listings in Last 24 hour Scottsdale AZ

Homes for Sale Scottsdale AZ
Homes for Sale Under $200,000Homes for Sale $600,000 - $700,000
Homes for Sale $200,000 - $300,000Homes for Sale $700,000 - $800,000
Homes for Sale $300,000 - $400,000Homes for Sale $800,000 - $900,000
Homes for Sale $400,000 - $500,000Homes for Sale $900,000 - $1,000,000
Homes for Sale $500,000 - $600,000Homes for Sale Over $1,000,000
New Construction Homes for SaleSingle Story Homes for Sale
Homes with Pool for SaleGolf Course Homes for Sale
Waterfront Homes for SaleHillside Homes for Sale
Just Reduced Price HomesRecently Sold Homes

Just Reduced Price Homes for Sale Scottsdale AZ

We can help!
We would love the opportunity to help you for your real estate needs in Scottsdale AZ and surrounding area! ☎️ Call or 📱 text us at 480-721-6253 today.

Swee Ng, Realtor specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams. If you are looking to buy or sell your home in Scottsdale AZ area, I would like the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.

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2023
Summary
Article Name
February 2023 Scottsdale AZ Housing Market Trends Report
Description
February 2023 Scottsdale AZ Housing Market Trends Report, Statistics and House Value. 2023 February Scottsdale average sold price for single family home is $1,451,930 and had appreciated about 4.7% from February 2022.
Author
Publisher Name
Swee Ng Realtor® with HomeSmart
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