The Nelson Group
AUGUST
2026
Report
SCOTTSDALE ARIZONA www.NelsonGroupSW.com
SCOTTSDALE
SINGLE-FAMILY HOMES Luxury Benchmark Price 1: $1,100,000
LUXURY INVENTORY VS. SALES | JULY 2026 Total Inventory: 694
Total Sales: 188
Total Sales Ratio:2 27%
Inventory
17 43 2 28
$3,500,000 - $3,899,999
9 40
$3,100,000 - $3,499,999
15 50
$2,700,000 - $3,099,999
10 49
$2,300,000 - $2,699,999
10
74
$1,900,000 - $2,299,999
27 59
$1,700,000 - $1,899,999
9 63
$1,500,000 - $1,699,999 $1,400,000 - $1,499,999
28 36 7 42
$1,300,000 - $1,399,999
17
27
$1,250,000 - $1,299,999 $1,200,000 - $1,249,999
$1,150,000 - $1,199,999 $1,100,000 - $1,149,999
1
Sales 120
$4,500,000+ $3,900,000 - $4,499,999
Seller's Market
12 25
7 23 7 15 11
Square Feet3
Price
Beds
Baths
Sold
Inventory
Sales Ratio
-Range-
-Median Sold-
-MedianSold-
-MedianSold-
-Total-
-Total-
-Sold/Inventory-
0 - 3,499
$1,473,500
4
3
92
285
32%
3,500 - 4,499
$2,029,500
4
4
46
168
27%
4,500 - 5,499
$3,125,000
5
5
26
97
27%
5,500 - 6,499
$3,692,802
5
6
11
74
15%
6,500 - 7,499
$3,287,500
5
6
8
30
27%
7,500+
$5,210,000
5
6
5
40
13%
The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100% MLS® data reported previous month’s sales exceeded current inventory.
SCOTTSDALE
SINGLE-FAMILY HOMES Luxury Benchmark Price 1: $1,100,000
13-MONTH LUXURY MARKET TREND 4 Median Sales Price
$1,647,000
776
$1,655,000
839
732
154 Jul-25
$1,750,000
$1,707,500
$1,767,000
909
894
873
$1,605,000
Inventory
$1,866,024
$1,875,000
1,032
1,109
Solds
$1,780,000
1,148
130
174
197
152
227
168
223
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
Jan-26
Feb-26
$1,815,000
$1,750,000
1,068
950
$1,762,500
$1,745,000
809
694
303
263
251
263
Mar-26
Apr-26
May-26
Jun-26
188 Jul-26
MEDIAN DATA REVIEW | JULY TOTAL INVENTORY Jul. 2025
Jul. 2026
776
694
VARIANCE: -
11%
SALE PRICE PER SQFT. Jul. 2025
Jul. 2026
501
$
$
VARIANCE:
540
8%
TOTAL SOLDS Jul. 2025
SALES PRICE Jul. 2025
Jul. 2026
154
188
VARIANCE:
$
22%
96.12
%
Jul. 2026
96.00
VARIANCE:
$
1.76m
VARIANCE:
SALE TO LIST PRICE RATIO Jul. 2025
1.65m
Jul. 2026
%
7%
DAYS ON MARKET Jul. 2025
0%
78
VARIANCE:
Jul. 2026
83
6%
SCOTTSDALE MARKET SUMMARY | JULY 2026 • The single-family luxury market is a Seller's Market with a 27% Sales Ratio. • Homes sold for a median of 96.00% of list price in July 2026. • The most active price band is $1,100,000-$1,149,999, where the sales ratio is 73%. • The median luxury sales price for single-family homes is $1,762,500. • The median days on market for July 2026 was 83 days, up from 78 in July 2025.
3
Square foot table does not account for listings and solds where square foot data is not disclosed. Data reported includes Active and Sold properties and does not include Pending properties. 4
SCOTTSDALE
ATTACHED HOMES Luxury Benchmark Price 1: $600,000
LUXURY INVENTORY VS. SALES | JULY 2026 Total Inventory: 245
Total Sales: 44
Total Sales Ratio:2 18%
Inventory
$2,000,000 - $2,499,999
1 8 0 9
0 14
$1,600,000 - $1,999,999
6 29
$1,200,000 - $1,599,999
4 10
$1,100,000 - $1,199,999
2
10
$1,000,000 - $1,099,999 $950,000 - $999,999
$900,000 - $949,999
2 5
0 11 2 17
$850,000 - $899,999
3 10
$800,000 - $849,999 $750,000 - $799,999
4
31 2 16
$700,000 - $749,999
$650,000 - $699,999
7 32 5 27
$600,000 - $649,999
1
Sales 16
$3,000,000+ $2,500,000 - $2,999,999
Balanced Market
6
Square Feet3
Price
Beds
Baths
-Range-
-Median Sold-
-Median Sold-
-Median Sold-
0 - 1,499
$675,000
2
2
1,500 - 1,999
$775,000
2
2
2,000 - 2,499
$995,000
3
3
2,500 - 2,999
$1,170,000
3
4
3,000 - 3,499
$3,200,000
3
4
3,500+
$1,675,000
3
4
Sold -Total-
7 17 12 6 1 1
Inventory
Sales Ratio
-Total-
-Sold/Inventory-
47
15%
75
23%
71
17%
36
17%
10
10%
6
17%
The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100% MLS® data reported previous month’s sales exceeded current inventory.
SCOTTSDALE
ATTACHED HOMES Luxury Benchmark Price 1: $600,000
13-MONTH LUXURY MARKET TREND 4 Median Sales Price
Inventory
$1,037,090
$1,037,500
$947,500 $847,500
$772,500
$861,250
368
341
$885,000
$880,000
$757,500
312
272
$850,000
Solds
409
390
374
321
375
$935,000 $825,000
328
$820,000
276
248
245
38
38
52
40
56
83
89
63
78
65
70
53
44
Jul-25
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
Jan-26
Feb-26
Mar-26
Apr-26
May-26
Jun-26
Jul-26
MEDIAN DATA REVIEW | JULY TOTAL INVENTORY
TOTAL SOLDS
Jul.2025
Jul.2026
Jul.2025
Jul.2026
272
245
38
44
10%
VARIANCE:
VARIANCE: -
SALE PRICE PER SQFT.
SALES PRICE Jul.2025
Jul. 2026
848k
$
$
16%
820k
3%
VARIANCE: -
SALE TO LIST PRICE RATIO
DAYS ON MARKET
Jul.2025
Jul.2026
Jul.2025
Jul.2026
Jul.2025
Jul. 2026
444
459
97.13
96.96
65
80
$
$
VARIANCE:
3%
%
VARIANCE:
%
0%
VARIANCE:
23%
SCOTTSDALE MARKET SUMMARY | JULY 2026 • The attached luxury market is a Balanced Market with an 18% Sales Ratio. • Homes sold for a median of 96.96% of list price in July 2026. • The most active price band is $700,000-$749,999, where the sales ratio is 44%. • The median luxury sales price for attached homes is $820,000. • The median days on market for July 2026 was 80 days, up from 65 in July 2025.
3
Square foot table does not account for listings and solds where square foot data is not disclosed. Data reported includes Active and Sold properties and does not include Pending properties. 4