Scottsdale Real Estate Market

Posted by Cathy Carter on Friday, March 12th, 2021 at 10:56am.

Scottsdale Real Estate Market - Stay up-to-date with The Latest Trends 

The affluent, residential-resort city of Scottsdale is located approximately 10 miles northeast of Phoenix, Arizona. Scottsdale is known for its world-class resorts and spas, exciting art and culture, world-class shopping and restaurants, popular annual events (the Barrett-Jackson Car Auction, and Waste Management Phoenix Open, just to name a few), excellent school system, over 50 top-rated golf courses, and year-round outdoor recreation opportunities. With so much to offer, it’s no surprise that the Scottsdale real estate market is very competitive, with more people looking to buy here than there are homes for sale. According to the most current data compiled by real estate industry experts, the median list price for Scottsdale homes for sale is $850,000, less than a 1% change from February to March. Scottsdale's home resale inventory is 1,228, down 3% since February 2021. The median list price per square foot in Scottsdale is $349, up since February at $341 per square foot. Buyers can choose from single-family homes in established neighborhoods, condos situated in the heart of things, new construction homes with the latest designer/builder features, horse properties, homes tucked away in exclusive golf course communities, spectacular waterfront properties, and sprawling luxury estates offering breathtaking views. A qualified agent can help you find the perfect home for your lifestyle needs and secure an offer. Cathy Carter is a luxury home specialist and trusted Scottsdale REALTOR® with over 25 years of local experience. Intimately familiar with the Phoenix-Scottsdale area, Cathy has all the information and resources to help you find your next home. Feel free to contact Cathy directly at (480) 459-8488 or you can get in touch here.


On our easy-to-use website, you’ll be able to search the MLS for the most accurate and up-to-date listings on Scottsdale homes for sale. You can view photos of available properties, find detailed real estate information, save your search, create a free account, and receive notifications of new listings that match your home criteria delivered directly to your email, Also, be sure to scroll down below to find out more about the Scottsdale real estate market and the benefits of living in this vibrant, cosmopolitan city: 

Browse Scottsdale Real Estate By Price  

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Current Phoenix Metropolitan Real Estate Market Update

If you would like more information on any of the above listings on Scottsdale homes for sale or to schedule a private tour, please contact Scottsdale REALTOR® - Cathy Carter, specializing in newer homes and luxury real estate. Cathy keeps her finger on the pulse of the market at all times and is the first to know when new inventory becomes available (and coming soon listings), ensuring that her buyers have access to the most valuable homes and securing an offer.   

Scottsdale Real Estate Market Snapshot

 

Today

1 Month Ago

1 Year Ago

Active Inventory

1,228

1,277-3%

1,699-27%

Median List Price

$850,000

$845,000

$929,000-8%

% Distressed 

0%

0%

0%

Median Days on Movoto

36

37-2%

74-51%

Median Home Size

2,520

2,503

3,166-20%

Median $/Sqft

349

341+2%

313+11%

As an experienced Scottsdale REALTOR® and local expert, Cathy is very familiar with the entire Scottsdale-Phoenix area. She can help educate you on the most desirable neighborhoods and communities, the types of homes and features offered, the top builders in the region, school districts, area amenities and attractions, local community developments, and so much more. Cathy would love to speak with you to discuss the type of home you have in mind and answer any questions you might have about Scottsdale real estate, pricing, financing, and more. Get started on your home search today by calling Cathy directly at (480) 459-8488 or get in touch here.  
 

Why Homebuyers Should Consider Living in Scottsdale, AZ 

City of Scottsdale Overview

Located in Maricopa County, Arizona, the city of Scottsdale officially uses the slogan "The West's Most Western Town. With a 2020 population of around 265,249, Scottsdale is the 5th largest city in Arizona and the 82nd largest in the U.S. Most of the workforce of Scottsdale is in the tourism industry. The city has one of the highest numbers of AAA Five-Diamond hotels and resorts in the country and is home to many renowned spas and resorts including the Four Seasons Scottsdale and Canyon Suites. Scottsdale's climate, as well as retail facilities, dining, nightlife, and more than 50 golf courses, are what attract visitors from all over. There are many top employers within the city, including Honor Health, CVS Health, Scottsdale Unified School District, Vanguard, and the City of Scottsdale.

Scottsdale is loosely divided into four areas: Old Town (Downtown) Scottsdale, South Scottsdale, Central Scottsdale (Shea Corridor), and North Scottsdale. Old Town features boutique shopping, restaurants, nightlife and is home to a number of galleries, the Scottsdale Museum of Contemporary Art, the Scottsdale's Museum of the West. Also located in Old Town is the upscale Scottsdale Fashion Square Mall featuring major retail anchors like Neiman Marcus, Nordstrom, Dillard’s, and Barney’s New York. The Shea Corridor includes some of the most desirable residential areas in the valley such as Gainey Ranch and McCormick Ranch. 

The master-planned community of McCormick Ranch has a history dating back over 40 years. It started as a horse ranch, known for the raising of Arabian horses. Now, McCormick Ranch is a desirable family-friendly area with shopping centers, churches, health care facilities, and hotels. Residents enjoy a number of parks, multiple lakes, and picturesque views of the mountains. Gainey Ranch is another planned community in Scottsdale comprising more than 560 acres and 19 different gated neighborhoods. The area includes townhomes to large single-family homes along with several office buildings and commercial areas. The neighborhood centers around three nine-hole golf courses and a large network of trails for hiking, biking, and walking. 

North Scottsdale, located just 20 minutes from Downtown Scottsdale and about 35 minutes from Phoenix, offers the best of both worlds. It straddles Scottsdale’s more built-up area to the south and west, as well as its more expansive desert terrain, with McDowell Mountain Regional Park to the east and Pinnacle Peak Park to the north. The North Scottsdale neighborhood is home to several world-class golf clubs including Silverleaf and Troon, and some of the most stunning and luxurious properties you will find anywhere. The neighborhood has something for everyone from hiking and biking opportunities offered by the mountainous terrain and lush Sonoran desert to luxury shopping, fine dining, and exciting cultural offerings.

Scottsdale Economy and Employment Opportunities

Scottsdale is known for its concentration of world-class resorts, with hotels, spas, and other tourism businesses making up a large portion of the city’s economy. One of the largest employment centers in Scottsdale and also in the state is Scottsdale Airpark, anchored by the Scottsdale Airport. The Scottsdale Airpark encompasses 8.6 square miles and includes over 2,900 businesses that employ more than 51,000 people. The Airpark is headquarters to prestigious companies such as GoDaddy, AXON (Taser), JDA Software, Nautilus Insurance, Quicken Loans, CVS Caremark, and Vanguard, and home to many other great companies. 

Scottsdale SCHOOLS AND EDUCATION 

For parents with school-age children, Scottsdale is served by two nationally-acclaimed school districts: Scottsdale Unified School District (SUSD) and Paradise Valley Unified School district (PVSD), both ranked among the top school districts in the country. SUSD serves the majority of Scottsdale students with 22 schools and is considered to be one of the best school districts in Arizona. The district has 16 elementary schools and three schools that offer grades K-8. There also are 6 middle school buildings and 5 high schools. 

Paradise Valley Unified School District is a large public school district that provides educational opportunities for a small portion of Scottsdale. With 30 elementary schools, 7 middle schools, and 5 high schools, the district provides students with several different alternative programming options, including a S.T.E.M. program, an International Baccalaureate program, and a Digital Learning Center. Many of the charter schools in Scottsdale receive high rankings and are an option for those who are looking for an alternative to the traditional public school system.

There are also several highly-ranked private schools in Scottsdale to choose from including Bella Vista College Preparatory School, Brightmont Academy, Camelback Desert School, Fusion Academy Scottsdale, Arizona International Academy, Blessed Sacrament Preschool & Kindergarten, and Brightmont Academy. Scottsdale is also home to the highly-regarded Scottsdale Community College and offers close proximity to Arizona State University and several other colleges throughout the Phoenix metro area.

Scottsdale ART & CULTURE

Scottsdale is renowned for its exciting arts scene with over 100 galleries, the Scottsdale Art Walk, and Scottsdale Museum of Contemporary Arts. Other cultural attractions include the Scottsdale Center for the Performing Arts, the Musical Instrument Museum. You can experience art-driven events such as the free weekly Scottsdale ArtWalk, Canal Convergence, and Scottsdale Contemporary Month. Or, catch Broadway shows at our performing arts theaters or take a walking tour of public art installations in Old Town. Also located in Scottsdale is the site of Taliesin West, the Arizona home and studio of architect Frank Lloyd Wright and the winter campus for the Frank Lloyd Wright School of Architecture. In addition, Scottsdale is the site of the Cosanti Foundation, founded by the Italian architect and builder Paolo Soleri.

Scottsdale LUXURY RESORTS & SPAS

Scottsdale is known for its concentration of world-class, luxury resorts and spas such as The PhoenicianJW Marriott Camelback Inn Resort And SpaHyatt Regency Scottsdale Resort and Spa at Gainey RanchThe Westin Kierland Resort and SpaFour Seasons Resort Scottsdale at Troon NorthOmni Scottsdale Resort and SpaMarriott Scottsdale Mcdowell Mountain, and CopperWynd Resort and Club, and others. 

Scottsdale is renowned for its exciting arts scene with over 100 galleries, the Scottsdale Art Walk, and Scottsdale Museum of Contemporary Arts. Other cultural attractions include the Scottsdale Center for the Performing Arts, the Musical Instrument Museum. You can experience art-driven events such as the free weekly Scottsdale ArtWalk, Canal Convergence, and Scottsdale Contemporary Month. Or, catch Broadway shows at our performing arts theaters or take a walking tour of public art installations in Old Town. Also located in Scottsdale is the site of Taliesin West, the Arizona home and studio of architect Frank Lloyd Wright and the winter campus for the Frank Lloyd Wright School of Architecture. In addition, Scottsdale is the site of the Cosanti Foundation, founded by the Italian architect and builder Paolo Soleri.

World-class SHOPPING & DINING

Scottsdale provides some of the best shopping in Arizona with more than 2,500 luxury retailers, boutiques, and upscale malls. Old Town Scottsdale is home to dozens of gift shops, Native American jewelry stores, and Scottsdale Fashion Square, the Southwest’s largest shopping destination. In North Scottsdale, Kierland Commons and Scottsdale Quarter feature high-end stores in sunny outdoor settings. From top chefs to award-winning cuisine, Scottsdale has some of the best restaurants in the greater Phoenix area, such as Dominick's SteakhouseOrange SkyMastro's Ocean ClubMastro's SteakhouseOcean 44Eddie V's Prime SeafoodAtlas BistroTalavera, and FnB Restaurant, just to name few. 

ACTIVITIES & EVENTS 

Scottsdale is a hotbed of activity with numerous popular events that take place throughout the year such as the Scottsdale ArtWalkFiesta BowlRock ‘n Roll Arizona MarathonBarrett-Jackson Car AuctionWestworld of ScottsdaleScottsdale Culinary FestivalScottsdale Civic Center MallScottsdale Arabian Horse ShowArizona Diamondbacks Spring TrainingSalt River Fields at Talking Stick, and Scottsdale Fashion Week, and more.

OUTDOOR RECREATION

For the outdoor enthusiast, McDowell Sonoran Preserve located in North Scottsdale and offers many trailheads with a variety of trails for both beginners and experts. Gateway Trail and Sunrise Peak are among some of the local favorites. Peak hiking season begins in late October and can run through winter into spring. While Camelback Mountain isn’t technically in Scottsdale, it’s only a few blocks away from Scottsdale Fashion Square mall and is one of the most popular mountains to hike for locals and visitors alike.

50 Top-rated Golf Courses

Estancia Golf Club Community in Scottsdale

For the avid golfer, Scottsdale is home to over 50 top-notch golf courses and is considered to be one of the world's leading golf destinations. Some of the highest-rated golf clubs in Scottsdale include Gainey Ranch Golf ClubWhisper Rock Golf ClubEstancia Golf ClubTroon North Golf ClubMcDowell Mountain Golf ClubGrayhawk Golf ClubEagle Mountain Golf ClubOrange Tree Golf ResortThe Phoenician Golf ClubLegend Trail Golf ClubThe Boulders Golf ClubWestin Kierland Golf Club, and We-ko-pa Golf Club, among others.

PHOENIX-SCOTTSDALE PROFESSIONAL SPORTS

For sports fans, the Phoenix-Scottsdale area offers a wide variety of professional sports and events such as the Arizona Diamondbacks (MLB) /Chase FieldPhoenix Suns (NBA)Phoenix Coyotes (NHL)ASU Sun Devil FootballASU Cardinals FootballPhoenix International Raceway (NASCAR)Turf Paradise (Thoroughbred Racing)Waste Management Phoenix Open, and The Cactus League Spring Training Baseball.

Scottsdale Transportation

Scottsdale's free trolley system connects with the Valley Metro's transit system, providing easy access to the greater Phoenix metro area. Scottsdale Municipal Airport is a single-runway airport located in North Scottsdale used primarily for corporate and transient aviation traffic and is one of the busiest single-runway airports in the country. The closest major airport serving the community is Phoenix Sky Harbor International Airport, which is located about 14 miles from the center of Scottsdale. 

Partner With Highly-rated REALTOR® in Scottsdale - Cathy Carter

Whether you are interested in purchasing one of the beautiful  Scottsdale for sale or it's time to list your current property, you need an agent who will protect your interests, advocate for you, negotiate on your behalf, and guide you towards a smooth and successful transaction. Serving the community since 1994, Cathy is able to provide her clients with the kind of knowledge, skills, commitment, and personalized service they need when buying or selling a home. 

Read what Cathy's valued clients have to say:

"Cathy was a terrific agent from beginning to end. Her comps were accurate and helpful at the outset. Her marketing was the best we have seen in our experience and we have sold 7 previous homes. She handled all the selling and closing negotiations very well and helped us navigate several anxious turns in the process. Cathy is calm, judicious, and responsive and we found her opinions and ideas valuable. We would use her to sell or buy a house again without hesitation. Great to work with and got great results."

"Cathy Carter is a highly respected, seasoned real estate professional who is very responsive, knowledgable, and open-minded. She kept my deal together by going beyond the call of duty to do some of the work of a novice agent (representing the buyer) on the sale of my house. Plus, she really went to bat for me on the purchase of my new home, getting upgrades and closing in 3 weeks. I highly recommend Cathy to represent you in selling and purchasing your next home or investment."

“I have dealt with many real estate agents and I would have to say Cathy Carter was a pleasure to deal with. We flew in from New York to see the area and Cathy gave us as much time as we needed. She showed us around and made us feel comfortable and welcome. As of today we are currently in contract for the sale of our home and are actively looking at homes in the Gilbert and Chandler areas. Cathy emails homes for us to look at on a regular basis and we would not use anyone else.”

“My husband and I worked with Cathy to find our home in the East Valley suburbs of Phoenix AZ. We were transferred to Phoenix from the east coast and Cathy did a wonderful job of orienting us to the area and helping us gain perspective into the different homes and neighborhoods in the East Valley. While working with Cathy, she was always very attentive and efficient. Cathy is extremely knowledgeable. She listened to our ideas about the ideal home, offered suggestions, and took us to see properties that were in line with our expectations. Cathy is extremely responsive and has even reached out to check on us after we moved into our hew home. I would highly recommend Cathy to anyone who is interested in selling their home or purchasing a new home.”

More client reviews

Cathy works extremely hard for her clients and will always go the extra mile to ensure the best results possible. If you are interested in buying or selling real estate in Scottsdale, please give Cathy Carter a call at (480) 459-8488 or you can reach her by email.  

 

CATHY CARTER, ABR, CRS, CDPE
RE/MAX Alliance Group
725 W. Elliot Rd., Suite 111
Gilbert, AZ.  85233
Cell: 480-459-8488
Toll-Free: 800-519-5578 

 

CATHY CARTER

WWW.REALESTATECHANDLER.COM

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