Scottsdale is located in central Arizona. Scottsdale is bordered to the west by Phoenix and Paradise Valley, to the north by Carefree, to the south by Tempe, and to the east by Fountain Hills and the Salt River Pima-Maricopa Indian Community.
As of 2007 the population of the city was 240,410. Scottsdale is regarded as an upscale tourist and shopping destination and as a representation of western American style. The New York Times described downtown Scottsdale as "a desert version of Miami's South Beach" and as having "plenty of late night partying and a buzzing hotel scene".
The city is loosely divided into four areas: South Scottsdale, Old Town (Downtown) Scottsdale, Central Scottsdale, and North Scottsdale. The real estate market in Scottsdale is among the most expensive in the United States. In 2005, both Scottsdale and Paradise Valley were among the top ten markets in the nation for luxury home sales, and the only two cities outside of California. Paradise Valley was ranked ninth with $637 million in luxury home sales, while Scottsdale was ranked tenth with $594 million in luxury home sales.