Scottsdale Multifamily

Scottsdale Multifamily Market Highlights

As of Jul 18, 2025, the multifamily market in Scottsdale continues to exhibit dynamic trends reflecting both buyer interest and market shifts.

• The total number of active listings has risen to 11, a significant increase compared to 6 listings three months ago, suggesting growing inventory.
• Currently, the average price per square foot for active listings is $439, indicating a moderate pricing structure in the current market.
• Additionally, days on market (DOM) for active properties has remained relatively stable at 116 days, showing a consistent selling pace.

An In-Depth Look at the Scottsdale Multifamily Market

The multifamily market in Scottsdale, as of Jul 18, 2025, is experiencing notable changes that are essential for both buyers and sellers to consider. Over the last three months, the number of active listings has increased from 6 to 11, a clear sign that more options are becoming available for prospective buyers. This rise in inventory corresponds with current market dynamics, wherein the average price per square foot for active listings stands at $439.

Moreover, when comparing pricing trends, it’s important to note that the average price per square foot reflects a slight adjustment from $518 three months ago, indicating fluctuations in buyer expectations and potential moderation in pricing strategies. This is crucial as it showcases a move towards stabilizing property values amid increasing listings.

The days on market (DOM) for active listings is currently at 116 days, relatively unchanged from the 119 days recorded three months ago. An extended DOM, while still within a manageable range, suggests that buyers may have more time to negotiate and explore available options, whereas sellers might need to prepare for price adjustments to remain competitive.

Historically, months of inventory has remained around 3.3 months, indicating a balanced market. This level suggests that while there are more listings available, the pace at which they are selling will ultimately depend on pricing strategies and buyer engagement. Interestingly, as we look back at previous months, sold metrics show that sales numbers fluctuate, with recent averages reflecting sales below prior pricing, which may further influence how new listings are presented.

In summary, potential investors and homeowners looking in Scottsdale should keep a close eye on these evolving trends. Understanding the interplay between active listings, pricing trends, and market dynamics will be essential in making informed decisions in this multifamily sector.