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

$ 839,123

Median

2,709

Avg/Sq.ft.

CASH ON CASH RETURN

3.65%

Traditional

1.34%

Airbnb

RENTAL INCOME

$ 3,668

Traditional

$ 2,337

Airbnb

RENTAL INCOME

$ 3,668

Traditional

$ 2,337

Airbnb

NUMBER OF PROPERTIES

2,304

Investment

196

Airbnb

7,053

Traditional

59%

Airbnb occ. rate

Scottsdale Rent Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,947	$ 2,463	$ 2,998	$ 3,179
Traditional	$ 1,558	$ 2,899	$ 3,521	$ 5,181

Airbnb

1 ROOM	$ 1,947
2 ROOMS	$ 2,463
3 ROOMS	$ 2,998
4 ROOMS	$ 3,179

Traditional

1 ROOM	$ 1,558
2 ROOMS	$ 2,899
3 ROOMS	$ 3,521
4 ROOMS	$ 5,181

Top Scottsdale Active Investment Properties

$1,800

19700 N 76TH Street

North Scottsdale

2 beds

2 baths

1,403 sq.ft.

CASH ON CASH

Trad. 1150.64%

Airbnb 508.83%

CAP RATE

Trad. 1150.64%

Airbnb 508.83%

$6,500

7210 E TAILFEATHER Drive

North Scottsdale

4 beds

2 baths

1,957 sq.ft.

CASH ON CASH

Trad. 458.36%

Airbnb 286.24%

CAP RATE

Trad. 458.36%

Airbnb 286.24%

$88,400

808 N 82ND Street #F204

South Scottsdale

2 beds

1 baths

845 sq.ft.

CASH ON CASH

Trad. 15.30%

Airbnb 14.38%

CAP RATE

Trad. 15.30%

Airbnb 14.38%

$68,900

920 N 82nd Street #H209

South Scottsdale

1 beds

1 baths

634 sq.ft.

CASH ON CASH

Trad. 12.05%

Airbnb 14.17%

CAP RATE

Trad. 12.05%

Airbnb 14.17%

Top Scottsdale Neighborhoods

South Scottsdale

Mashvisor, Inc.

69% Mashmeter

PROPERTY PRICE

$439,900

Median

CASH ON CASH RETURN

3.04%

Traditional

2.32%

Airbnb

RENTAL INCOME

$ 2,723

Traditional

$ 3,216

Airbnb

62%

Airbnb occ. rate

North Scottsdale

Mashvisor, Inc.

73% Mashmeter

PROPERTY PRICE

$625,000

Median

CASH ON CASH RETURN

3.86%

Traditional

1.27%

Airbnb

RENTAL INCOME

$ 2,647

Traditional

$ 2,562

Airbnb

48%

Airbnb occ. rate

Pinnacle Peak

Mashvisor, Inc.

60% Mashmeter

PROPERTY PRICE

$925,000

Median

CASH ON CASH RETURN

4.14%

Traditional

-0.17%

Airbnb

RENTAL INCOME

$ 4,500

Traditional

$ 2,063

Airbnb

32%

Airbnb occ. rate

Scottsdale Insights

Blogs

by Heba Baker

Traditional Rental Strategy: Best Cities for Rental Income 2019

by Heba Baker

Should You Invest in the Scottsdale Real Estate Market 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

by Heba Baker

Scottsdale Real Estate vs. Phoenix Real Estate: Which to Go for in 2018?

View more news

Similar Cities

Sedona, AZ

PROPERTY PRICE

`$`927,829

Median

CASH ON CASH RETURN

0.59%

Traditional

2.61%

Airbnb

Chandler, AZ

PROPERTY PRICE

`$`404,512

Median

CASH ON CASH RETURN

1.89%

Traditional

2.24%

Airbnb

Oro Valley, AZ

PROPERTY PRICE

`$`463,537

Median

CASH ON CASH RETURN