Situated where Arcadia meets Old Town Scottsdale, this turn-key, second-floor residence at The Spengler offers prime living in a prime location. The fully updated interior features crisp paint, oversized tile flooring throughout a bright, open layout. Optimized for functionality and enjoyment, the redesigned kitchen boasts fresh countertops, premium stainless steel appliances, and a seamless flow into the primary living space. Both spacious bedrooms offer a quiet retreat, while the updated bathrooms include a remodeled primary bathroom. Replaced in 2024, the high-efficiency HVAC system deliver
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $243 per square foot, compared with a $212 median for active 2-bedroom homes in Phoenix. Its asking price falls near the 55th percentile of that active group. The comparison uses 1,733 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $200,000, and the median is $204 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5525 E THOMAS Road H2, Phoenix, AZ 85018 | Jul 28, 2026 | 2 bd · 982 sqft | $200,000 | 0.1 mi |
| 5525 E THOMAS Road Q4, Phoenix, AZ 85018 | Jul 23, 2026 | 2 bd · 982 sqft | $200,000 | 0.1 mi |
| 5525 E THOMAS Road M9, Phoenix, AZ 85018 | May 6, 2026 | 1 bd · 796 sqft | $202,000 | 0.1 mi |
| 5525 E THOMAS Road M16, Phoenix, AZ 85018 | Aug 24, 2026 | 1 bd · 796 sqft | $162,000 | 0.1 mi |
| 5525 E THOMAS Road M23, Phoenix, AZ 85018 | Sep 1, 2026 | 1 bd · 796 sqft | $150,000 | 0.1 mi |
| 5525 E THOMAS Road N6, Phoenix, AZ 85018 | Aug 4, 2026 | 2 bd · 982 sqft | $235,000 | 0.1 mi |
| 5525 E THOMAS Road O12, Phoenix, AZ 85018 | Aug 7, 2026 | 2 bd · 982 sqft | $215,000 | 0.1 mi |
| 5525 E THOMAS Road O8, Phoenix, AZ 85018 | May 22, 2026 | 2 bd · 982 sqft | $185,000 | 0.1 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
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