Scottsdale AZ Real Estate Housing Market Report - July 2022

Real Estate Agent with HomeSmart License # SA577557000
Here is the most recent Scottsdale AZ Real Estate Housing Market Report for July 2022:
After Scottsdale's average sales price reached a new all-time high of $1,499,941 last month, the average sales price dropped back down to $1,397,356 in July.

At the same time, the average sold price per square foot for Scottsdale homes decreased for the second time since November of 2021 and has gone from $483/sf in May to $468/sf in July. The average sold price per square foot in Scottsdale has increased or remained the same in 22 out of the last 25 months.
After dropping down to 29 DOM in May, Scottsdale days on market increased the last two months and is up to 38 DOM in July. The Scottsdale DOM was as high as 76 in January of 2021, so being at 38 DOM now is still very low, especially for homes in this price point. The low DOM shows that homes in Scottsdale are still very much in demand, and they are selling very quickly.
Click on the image below to read the full article and see what is going on in the Scottsdale Arizona real estate market.

Feel free to reach out to me if you have any questions about buying a home, selling your home, or investing in the Scottsdale, AZ or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to help.

"Real Estate is not just a job for me,
it's about making a difference in the lives of others"
Troy Erickson has been blogging about Arizona real estate since 2006. He is a residential real estate agent who specializes in helping home buyers, sellers, and investors in Chandler and the East Valley. He has been recognized for his local market expertise, and frequently volunteers within his community.
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         Contact Troy Erickson, Realtor®, Good Company Real Estate

Licensed Residential Realtor® in Arizona at 602-295-6807


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This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

Comments (4)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Troy and thank you for the Market report for your area.  Hope you have big plans for the weekend!


Aug 19, 2022 09:55 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Scottsdale home buyers and sellers are sure to value your real estate market report, Troy.

Aug 19, 2022 01:09 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Thank you Will Hamm, and thanks for stopping by and commenting.

Aug 19, 2022 02:11 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Once again, I thank you for all the support you continue to give me Myrl Jeffcoat.

Aug 19, 2022 02:11 PM