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🏙️ “3 Cities, 3 Stories: July 2025 Scottsdale-Area Condo Market Snapshot”

Phoenix, Arizona Phoenix continues to reflect a balanced market with 4.94 months of inventory, signaling a healthy equilibrium between supply and demand. Neither buyers nor sellers hold a distinct advantage, so realistic pricing remains key to attracting interest and closing deals efficiently. Tempe, Arizona Tempe also sits in a balanced market with 4.06 months of…


Phoenix, Arizona Phoenix continues to reflect a balanced market with 4.94 months of inventory, signaling a healthy equilibrium between supply and demand. Neither buyers nor sellers hold a distinct advantage, so realistic pricing remains key to attracting interest and closing deals efficiently.

  • Inventory Trends:
    • Short-term: ↓ 1%
    • Long-term: ↑ 45% This contrast suggests a slight month-to-month dip, but a broader increase year-over-year. Buyers may find more options than last year, but should act decisively given the recent dip.
  • Pricing Dynamics:
    • Homes selling at 98% of asking price Sellers are aligning with market expectations, and buyers are meeting them. Negotiations tend to hover near list price.
  • Market Tempo:
    • Median days on market: 54 A moderate pace gives both sides time to evaluate options, but staying proactive is essential.
  • Median Sold Price:
    • $332,750 A solid benchmark for affordability and pricing strategy.

Tempe, Arizona Tempe also sits in a balanced market with 4.06 months of inventory, offering a stable environment for both buyers and sellers.

  • Inventory Trends:
    • Month-over-month: 0% change
    • Year-over-year: ↑ 1% Stability here means predictable pricing and steady buyer interest.
  • Pricing Dynamics:
    • Homes selling at 97% of asking price Sellers should price competitively; buyers may find room to negotiate if listings are above market.
  • Market Tempo:
    • Median days on market: 44 Homes are moving steadily—buyers should act quickly, and sellers should prepare for a 6-week sales cycle.
  • Median Sold Price:
    • $332,500 Nearly identical to Phoenix, offering a comparable affordability profile.

Scottsdale, Arizona Scottsdale leans toward a seller’s market with 3.52 months of inventory, making it a favorable time for luxury listings.

  • Inventory Trends:
    • Month-over-month: ↓ 12%
    • Year-over-year: ↓ 1% Shrinking inventory strengthens seller leverage.
  • Pricing Dynamics:
    • Homes selling at 97% of asking price Sellers are close to their targets, but realistic pricing still matters.
  • Market Tempo:
    • Median days on market: 62 Slightly slower than Phoenix and Tempe, but still steady. Sellers should plan for a 2-month window.
  • Median Sold Price:
    • $525,500 Reflects Scottsdale’s premium market positioning.

🧠 My Take: July 2025 Market Insights for Buyers, Sellers & Investors

For Buyers: Phoenix and Tempe offer a rare moment of balance—inventory is steady, pricing is fair, and condos are selling close to asking. That means you’re not in a bidding war, but you’re also not in a discount zone. If you’re serious, act decisively. Scottsdale’s tighter inventory means luxury buyers should be ready to move fast and negotiate smartly. Across all three cities, the median prices ($332K in Phoenix/Tempe, $525K in Scottsdale) give you a clear affordability map.

For Sellers: This is a moment to be strategic, not greedy. With condos selling at 97–98% of asking price, the market is rewarding realistic pricing. In Phoenix and Tempe, you’ll need to stand out with presentation and value. In Scottsdale, the seller’s market gives you leverage—but don’t overreach. The 44–62 day median selling window means you have time to market well, but not forever. Price it right, prep it well, and stay responsive.

For Investors: Inventory trends tell a nuanced story: Phoenix’s long-term inventory is up 45%, suggesting more supply and potential softening ahead. Tempe is stable—ideal for steady rental income or mid-term holds. Scottsdale’s shrinking inventory and higher median price point make it ripe for short-term flips or luxury rentals. With homes selling near asking and moderate DOM, liquidity is decent. If you’re managing tax liens or scouting undervalued condos, Phoenix’s expanding inventory could be your entry point.

featured image by Matthew Hamilton on Unsplash


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