– March 2025 Scottsdale Homes for Sale and Home Sales –
We saw a decent uptick in sales in March, moving into the 400+ region for the first time since last Spring. Pending contracts were down, which is unusual, but UCBs were up.
Every month, we look at the sales metrics below and plot their progress on a month-over-month basis:
– Single-family homes for sale – Orange Line – How many homes were for sale at the end of the month.
– Under contract, but accepting backup offers (UCB)* – Gray Line – The number of UCB contracts at the end of the month.
– Pending home sales* – Yellow Line – How many pending sales there were at the end of the month.
– Home Sales – Blue Line – How many homes sold that month.
MARCH 2025 RESULTS

- Scottsdale Homes for Sale: Inventory continues to increase, and we are now more or less back at levels we saw when we were in a normal inventory market. This is good news for buyers.
- UCB (Under contract, accepting backup offers): UCB contracts rebounded very healthily in March. The month closed with the highest number of UCBs in the past year.
- Pending Homes Sales in Scottsdale: I was surprised to see pending contracts drop by 10% when compared to the end of February. During the high season, we tend to see growth here.
- Scottsdale Home Sales: Sales were very strong in March, coming in above 400 for the first time since last Spring.
Here are two more sales metrics we track for the Scottsdale real estate market.
Percent Change Month Over Month – This metric measures how sales and contract activity change on a monthly basis. For instance, home sales in March were up 10.2% when compared with February.
Sales Price to List Price – This measures the strength of the market by monitoring what homes are listed for and then what they ultimately sell for. In March, it was 96.6%, which means, on average, buyers saw a 3.4% discount off of asking prices
*Figures for active homes for sale, UCB sales and pending sales are based on the numbers at the end of the month.
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MLS IDX Listing Disclosure © 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Disclaimer: Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 4/1/2025. Information deemed reliable, but not guaranteed. There may be new home inventory in these figures if the developer is using the MLS to market its homes. This post represents the opinion of the author. No warranties express or implied.
Copyright © 2025 Heather Tawes Nelson | Joyce Tawes
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