– February 2025 Scottsdale Homes for Sale and Home Sales –
February was a nice month of growth for home sales in Scottsdale.
Each month, we track the following four sales metrics:
– Single-family homes for sale – Orange Line – The number of homes on the market at the end of the month.
– Under contract, but accepting backup offers (UCB)* – Gray Line – How many UCBs there were at the end of the month.
– Pending home sales* – Yellow Line – The number of pending contracts at the end of the month.
– Home Sales – Blue Line – The number of home sales over the course of the month.
FEBRUARY 2025 RESULTS

- Scottsdale Homes for Sale: Inventory continued to climb in February, coming in 5.5% higher than the end of January. This is the highest we have seen it in many years, which is good news for homebuyers.
- UCB (Under contract, accepting backup offers): I would have expected UCB activity to increase in February since we are in the high season, but the number of UCB contracts fell slightly to 200.
- Pending Homes Sales in Scottsdale: Whereas UCB activity was subdued, we saw an 18.3% increase in the number of pending contracts at the end of the month, bringing us in line with where we were at the same time last year.
- Scottsdale Home Sales: There was significant growth on the sales front. There were 369 home sales, which is the third-highest we have seen in the past 12 months.
In this bottom section, we track two more items related to home sales in Scottsdale.

Percent Change Month Over Month – Here, we are looking at how things improved or declined on a month-over-month basis. As an example, home sales were up 21.1% between January and February.
Sales Price to List Price – This metric gives us a sense of how home asking prices are holding up when compared to their actual selling prices. In February, we came in at 96.5%, which means on average, homes sold for 3.5% less than they were listed for.
*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 3/1/2025. 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