Despite Scottsdale moving into more of a flat market, perhaps even a weak buyers market, Gainey Ranch has been somewhat resilient. Active listings have decreased from May levels, but sales activity over the past 30 days has been excellent. There are currently eight active listings as compared to 24 a few months ago. The active listings have been on the market an average of 131 days.
There are no less than 12 pending sales in Gainey and one “coming soon” listing. This time of year is not usually the strongest in terms of sales, but this summer is proving to be a good one. Since June 1, 2025, there have been 14 closed sales ranging in price from $699K to $2.5M. Here are MLS stats for recently closed sales:
- Average days on market: 62
- Average sold price per square foot: $601
- Average list to sold price ratio: .97
Market conditions are beginning to favor buyers a bit more, but Gainey Ranch still has some legs. With rates remaining high, we are not likely to see any huge spikes in demand in the short term. Available inventory should remain at current levels for the next few months. Thanks for checking out our Gainey Ranch market report for August 2025.
