By Mark Merry, Granite Bank – Scottsdale Mortgage Lender Published: May 9, 2026

Spring buying season is heating up in Scottsdale, and the market continues to offer solid opportunities for prepared buyers and homeowners.

Scottsdale Market Snapshot – May 2026

  • Inventory: Improving but still competitive in desirable neighborhoods (North Scottsdale, McDowell Mountain Ranch, Grayhawk, and Rio Verde).
  • Home Prices: Continuing moderate appreciation (3–5% annualized in most areas). Well-priced homes are selling steadily.
  • New Construction: One of the strongest segments right now, with builders offering attractive incentives including rate buydowns and closing cost assistance.

Strategic Opportunities Right Now

  • Buy Before You Sell — Perfect for upgrading without the stress of selling first.
  • Reverse Mortgages — Excellent option for Scottsdale retirees looking to tap home equity tax-free while staying in their home.
  • Refinance — A smart time to review your current loan, especially if you bought in 2022–2023.

Who Should Buy in Scottsdale Right Now?

  • Buyers with stable income and strong credit
  • Those planning to stay 5+ years
  • Anyone who can get pre-approved and act quickly on the right property

The market is more balanced than the past few years. Motivated, prepared buyers are winning deals without the extreme frenzy of 2021–2022.

Bottom Line: If you’ve been waiting for the “perfect” time, the current environment offers stability, available inventory, and flexible financing options that can be tailored to your goals.

Ready to explore your options with no pressure? Contact me directly for a personalized conversation about purchase, refinance, reverse mortgages, or Buy Before You Sell strategies.

Scottsdale: (480) 442-7487 Minnesota: (612) 964-6460

Or Schedule a Conversation Here

Rate Disclosure: Mortgage rates change daily. Contact me for current rates and a personalized quote tailored to your situation. NMLS #452552 | Licensed in all 50 states

About the Author

Mark Merry is a licensed mortgage advisor at Granite Bank (NMLS #452552) with more than 30 years of experience in home financing. He serves buyers and homeowners in Scottsdale, AZ and the Twin Cities, MN — and is licensed in all 50 states. Learn more about Mark →

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