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85255 Market Pulse

266 homes sold in August (+12% vs. last year) at a $1.53M median. Homes that sold went under contract in a median 79 days, down from 82 a year ago, and are closing at about 96% of list price. Well-priced homes are moving; buyers have room to negotiate on the rest.

DC Ranch · Grayhawk · Troon · Pinnacle Peak · North Scottsdale 85255 · Updated October 26, 2026

The market right now

Latest period reported by each source↑ Back to top
Homes for sale
488
Active listings
Redfin search · Oct 26, 2026
Under contract
191
Pending + contingent
Redfin search · Oct 26, 2026
Sold last month
266
+11.8% vs. last year
Redfin · Aug 2026
Median sold price
$1.53M
+17.8% vs. last year
Redfin · Aug 2026
Days on market
79
−3.7% vs. last year
Redfin · 3 months to Aug 2026
Sale-to-list
96.0%
+0.6 pts vs. last year
Redfin · Aug 2026

More market measures

Change is vs. the same period last year. Sources count listings differently, so figures can differ slightly.↑ Back to top
MeasureValueChangeSource & period
Sold above list priceRedfin · Aug 20265.4%−1.7 ptsRedfin · Aug 2026
Listings with price dropsRedfin · Aug 202627.4%−1.3 ptsRedfin · Aug 2026
Median price per sq ftRedfin · 3 months to Aug 2026$521+12.8%Redfin · 3 months to Aug 2026
Sold in last 30 daysRedfin search · 30 days to Oct 26, 202695—Redfin search · 30 days to Oct 26, 2026
Redfin Compete Score (of 100)Redfin · 3 months to Aug 202641—Redfin · 3 months to Aug 2026

What's changing around 85255

Developments that can move home values↑ Back to top
Oct 24, 2026Investment & salesPositive

Four Seasons Resort Scottsdale at Troon North sells for $372 million

Braemar Hotels & Resorts agreed to sell the Pinnacle Peak-foothills resort to Evergreen Acquisitions LLC for $372 million, about $1.8 million per room, with roughly $23 million in capital improvements anticipated. The sale follows the Fairmont Scottsdale Princess deal earlier this month.

Why it matters for 85255A record-level price per room confirms institutional confidence in the Troon North and Pinnacle Peak resort corridor, which supports luxury home values nearby.
Source: AZ Big Media ↗
Oct 13, 2026Zoning & cityWorth watching

McDowell Sonoran Preserve turns 32 as two lawsuits target its sales tax

A former city councilman and the Goldwater Institute have each filed suit challenging the voter-approved sales tax that funds the 30,000-acre Preserve. The Goldwater case is before the Arizona Court of Appeals.

Why it matters for 85255Preserve access is one of 85255's defining value drivers, so any threat to its funding is worth watching for long-term trail and trailhead upkeep.
Source: ABC15 ↗
Oct 2, 2026Investment & salesPositive

Fairmont Scottsdale Princess sold to San Manuel Investment Authority

The investment arm of the Yuhaaviatam of San Manuel Nation acquired the 65-acre, 750-room resort on Princess Drive. Price was not disclosed; management says signature events like Christmas at the Princess will continue.

Why it matters for 85255A long-term owner for the 85255 resort anchors the TPC Scottsdale corridor and its year-round events, which helps keep nearby neighborhoods in demand.
Source: azfamily ↗
Sep 28, 2026Corporate HQWorth watching

Axon's north Scottsdale headquarters heads to the Court of Appeals

Opponents filed their opening brief on Sept. 23 asking the Arizona Court of Appeals to overturn a May ruling that upheld the state law clearing Axon's campus near Loop 101 and Hayden Road. The city-approved plan calls for a headquarters, a 435-room hotel, retail and 1,200 homes, split between apartments and condos.

Why it matters for 85255Axon projects about 5,500 jobs averaging $135,000 a year, a steady source of move-up and executive buyers within minutes of Grayhawk and DC Ranch. When construction starts now depends on the appeal.
Source: Arizona Progress & Gazette ↗
Jun 26, 2026New housingWorth watching

Optima McDowell Mountain condos pre-selling ahead of schedule

The six-tower, eight-story community near Scottsdale Road and Loop 101 is approved for up to 1,330 residences. About $27 million in reservations came in for the first condo tower before public release, with first deliveries expected in summer 2027.

Why it matters for 85255New lock-and-leave condos compete directly with resale condos and townhomes in 85255. Sellers in that segment should price with the 2027 deliveries in mind.
Source: Hoodline ↗
Jun 8, 2026New housingWorth watching

One Scottsdale adds 350 for-sale condos, trims commercial space

DMB, DC Ranch's developer, asked to add 350 condos south of Legacy Boulevard while cutting more than 1.3 million square feet of commercial space. The Planning Commission backed the change unanimously in May, with City Council review set for June.

Why it matters for 85255More for-sale condos within walking distance of DC Ranch adds choice for downsizers and second-home buyers, while less office space keeps the area residential in feel.
Source: Scottsdale Progress ↗
Feb 19, 2026Corporate HQPositive

Arizona Cardinals break ground at Loop 101 and Scottsdale Road

The team bought 217 acres for $136 million and is building its headquarters and practice facility on about 30 of them, with the rest planned for housing and an entertainment district. The move from Tempe is expected in summer 2028.

Why it matters for 85255A major employer and entertainment destination on the 85255 border raises the profile of the Loop 101 corridor and supports long-term demand for nearby homes.
Source: Arizona Sports ↗

Happening around 85255

Events in and near the neighborhood↑ Back to top
Oct 3, 2026 – Oct 31, 2026Family

MacDonald's Ranch Pumpkin Patch

Petting zoo, gold panning, hay-bale maze, pedal cars and lawn games, with pony and train rides extra. Tickets at the door; closes at 3 PM on Oct 31.

MacDonald's Ranch, 26540 N Scottsdale Rd9:00 AM – 5:00 PM (closed Tuesdays) · $15 · 23 months & under free
Details: MacDonald's Ranch ↗
Oct 29, 2026Community

Community Blood Drive

Red Cross blood drive. Friends, family and non-residents are welcome.

GCA office, 7940 E Thompson Peak Pkwy, Ste 1029:00 AM – 2:00 PM · Free · appointments encouraged
Details: Grayhawk Community Association ↗
Oct 29, 2026Outdoors

Venom in the Preserve educational walk

Conservancy stewards share how to recognize, and respect, the Preserve's venomous residents.

McDowell Sonoran Preserve8:00 – 10:00 AM · Free · RSVP
Details: McDowell Sonoran Conservancy ↗
Oct 31, 2026Family

Boojada Adventure educational walk

A Halloween-morning guided walk in the Preserve led by Conservancy stewards.

McDowell Sonoran Preserve8:00 – 10:00 AM · Free · RSVP
Details: McDowell Sonoran Conservancy ↗
Monthly (next: Dec 7)HOA meetings

Grayhawk & Retreat Village board meetings

Grayhawk Community Association board meeting, followed by the Retreat Village Association.

Talon Room (in person or Zoom)5:30 PM
Details: Grayhawk Community Association ↗
Community Council board meets Nov 4, 5:30 PMHOA meetings

Ranch Association Board of Directors

DC Ranch Association board meeting. The Community Council budget work session is Oct 21.

Desert Camp Community Center5:00 – 7:00 PM
Details: DC Ranch ↗
Nov 5, 2026Clubs & social

Bunco, Bites & Big Wins

Food, drinks and an easy dice game with neighbors. No experience needed.

GCA office, 7940 E Thompson Peak Pkwy, Ste 1026:00 – 8:00 PM · Registration required
Details: Grayhawk Community Association ↗
Nov 13, 2026Music & arts

Concert in the Park

Outdoor live music on the Grayhawk greenbelt. Bring blankets, lawn chairs and coolers.

Greenbelt at 78th Pl & 78th Way5:00 – 7:00 PM · Registration required
Details: Grayhawk Community Association ↗
Nov 17, 2026Outdoors

Gateway to Windgate Pass guided hike

A longer guided hike from Gateway up to Windgate Pass in the McDowell Mountains.

Gateway Trailhead, 18333 N Thompson Peak Pkwy9:00 AM – 12:30 PM · Free · RSVP
Details: McDowell Sonoran Conservancy ↗
Nov 19, 2026Community

Lunch & Learn: Fire Safety Secrets

Fire prevention and safety tips every homeowner should know.

GCA office, 7940 E Thompson Peak Pkwy, Ste 10211:00 AM – 12:00 PM · Free
Details: Grayhawk Community Association ↗
Nov 21, 2026Community

Chamber of Commerce Home & Health Show

Free community show with trusted local businesses, home improvement experts and wellness resources.

Greenbelt at 78th Pl & 78th Way9:00 AM – 1:00 PM · Free
Details: Grayhawk Community Association ↗
Nov 24, 2026Community

Lecture: Master Planned Developments in Scottsdale

A free Conservancy lecture on the history and design of Scottsdale's master-planned communities.

Mustang Library, 10101 N 90th St5:00 – 6:30 PM · Free
Details: McDowell Sonoran Conservancy ↗
Nov 26, 2026Holiday

More Pie Please Thanksgiving Hike

Earn your Thanksgiving pie with a guided morning hike in the Preserve.

Lost Dog Wash Trailhead9:00 – 10:30 AM · Free · RSVP
Details: McDowell Sonoran Conservancy ↗
Nov 28, 2026Outdoors

Sonoran Desert Discovery walk

A guided educational walk from Gateway, the Preserve's main trailhead on the edge of 85255.

Gateway Trailhead, 18333 N Thompson Peak Pkwy9:00 – 11:00 AM · Free · RSVP
Details: McDowell Sonoran Conservancy ↗
Dec 3, 2026Holiday

Jingle & Mingle

Holiday kickoff evening out with neighbors, with a buffet dinner.

Jalapeño Inferno, 7605 E Pinnacle Peak Rd5:30 – 7:30 PM · Registration required
Details: Grayhawk Community Association ↗
Dec 8, 2026Holiday

Santa Party

Santa's annual visit to Grayhawk. Wear your favorite PJs for crafts and holiday cheer.

Grayhawk Golf Club, 8620 E Thompson Peak Pkwy5:30 – 7:30 PM · Registration required
Details: Grayhawk Community Association ↗

Events come from community associations, clubs and venues and can change. Please confirm details with the host.

Clubs & amenities

What residents have nearby↑ Back to top
Grayhawk

Grayhawk Golf Club

8620 E Thompson Peak Pkwy

Two public 18-hole courses, Raptor (Tom Fazio) and Talon. Raptor hosted the PGA Tour's Frys.com Open and the NCAA golf championships, and ranks among Golf Digest's best in Arizona.

More: Golf Digest ↗
DC Ranch

DC Ranch community centers

Desert Camp · The Homestead

Two resident community centers with courts, fitness and wellness, arts, youth programs and resident-led clubs. Signature events include the Spooky Carnival, Winter Celebration, DC Ranch Day and the Starlight Concert Series; social events are posted on the resident portal.

More: DC Ranch ↗
North Scottsdale

McDowell Sonoran Preserve: Gateway Trailhead

18333 N Thompson Peak Pkwy

Main trailhead into the Preserve on the edge of 85255. The Conservancy runs free guided hikes and walks from October through April.

More: McDowell Sonoran Conservancy ↗
Market figures are compiled weekly by the Kelli Grant Group from public Redfin reports and are not MLS-verified. Information deemed reliable but not guaranteed. Area news and events link to their original sources. Each office independently owned and operated.
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