Discover

Scottsdale

The Scottsdale real estate market is truly flourishing. Inventories have increased by three percent since December 2016. In the past year, Scottsdale saw an increase in median sales price by 6.8% and homes are selling for 98% of the listing price. There is a lot of competition right now between buyers.

According to WalletHub, Scottsdale is the number one best city for jobs, based on 23 key indicators. This is just one of the reasons Phoenix and Scottsdale are turning more and more investors’ heads, including the improvement the two cities have made in the past decade.

While it is currently a seller’s market in Scottsdale due to low inventory, the median sales price as of the fourth quarter in 2016 was $235,000. This is a relatively affordable market for investors to buy investment properties. With the strong job market, tenants can afford the rent and investors can cash flow in Scottsdale.

Scottsdale Investment Performance

PROPERTY SALE PRICE

$ 815,654

Median

2,666

Avg/Sq.ft.

CASH ON CASH RETURN

2.94%

Traditional

1.28%

Airbnb

RENTAL INCOME

$ 3,622

Traditional

$ 2,295

Airbnb

RENTAL INCOME

$ 3,622

Traditional

$ 2,295

Airbnb

NUMBER OF PROPERTIES

2,268

Investment

53

Airbnb

6,651

Traditional

57%

Airbnb occ. rate

Scottsdale Rent Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,320	$ 2,010	$ 2,626	$ 9,877
Traditional	$ 1,714	$ 2,899	$ 3,584	$ 5,033

Airbnb

1 ROOM	$ 1,320
2 ROOMS	$ 2,010
3 ROOMS	$ 2,626
4 ROOMS	$ 9,877

Traditional

1 ROOM	$ 1,714
2 ROOMS	$ 2,899
3 ROOMS	$ 3,584
4 ROOMS	$ 5,033

Top Scottsdale Active Investment Properties

$159,900

8220 E GARFIELD Street #M16

South Scottsdale

3 beds

2 baths

1,203 sq.ft.

CASH ON CASH

Trad. 8.66%

Airbnb 10.54%

CAP RATE

Trad. 8.66%

Airbnb 10.54%

$69,900

920 N 82nd Street #H209

South Scottsdale

1 beds

1 baths

634 sq.ft.

CASH ON CASH

Trad. 12.05%

Airbnb 10.20%

CAP RATE

Trad. 12.05%

Airbnb 10.20%

$199,900

7826 E KEIM Drive

South Scottsdale

3 beds

1 baths

1,053 sq.ft.

CASH ON CASH

Trad. 7.79%

Airbnb 9.30%

CAP RATE

Trad. 7.79%

Airbnb 9.30%

$210,000

8223 E THOMAS Road

South Scottsdale

3 beds

2 baths

1,016 sq.ft.

CASH ON CASH

Trad. 7.57%

Airbnb 9.00%

CAP RATE

Trad. 7.57%

Airbnb 9.00%

Top Scottsdale Neighborhoods

South Scottsdale

Mashvisor, Inc.

69% Mashmeter

PROPERTY PRICE

$429,000

Median

CASH ON CASH RETURN

3.13%

Traditional

1.92%

Airbnb

RENTAL INCOME

$ 2,712

Traditional

$ 2,315

Airbnb

58%

Airbnb occ. rate

North Scottsdale

Mashvisor, Inc.

73% Mashmeter

PROPERTY PRICE

$610,000

Median

CASH ON CASH RETURN

2.39%

Traditional

0.60%

Airbnb

RENTAL INCOME

$ 2,712

Traditional

$ 2,027

Airbnb

57%

Airbnb occ. rate

Scottsdale Insights

Blogs

by Sylvia Shalhout

2019 Cap Rates by City: What Real Estate Investors Should Expect

by Abdallah Allabadi

Invest in Real Estate in the 5 Most Landlord Friendly States

by Sylvia Shalhout

What Airbnb Occupancy Rate Can You Expect in 2019?

by Heba Baker

The Best Scottsdale Properties for Investment: Airbnb or Long Term Rentals?

by Eman Hamed

Best Places to Buy Real Estate: 5 Cities with Low Crime Rates

View more news

Similar Cities

Sedona, AZ

PROPERTY PRICE

`$`866,704

Median

CASH ON CASH RETURN

0.77%

Traditional

3.42%

Airbnb

Chandler, AZ

PROPERTY PRICE

`$`384,119

Median

CASH ON CASH RETURN

2.19%

Traditional

1.50%

Airbnb

Oro Valley, AZ

PROPERTY PRICE

`$`458,166

Median

CASH ON CASH RETURN