Current Market Data
Evidence points to home shoppers prioritizing the experiences they’ll have in their home over the style or size, Zillow said.
“Closings typically drop as we head into the holiday season, but this November saw a higher number of closed sales than both the prior year and in 2023,” said Christy Walker, president of Phoenix REALTORS®.
Two penthouses in Scottsdale’s ICON at Silverleaf community were among the 10 most expensive homes sold in Arizona in November.
The National Association of Home Builders’ monthly survey found continued pessimism among the nation’s homebuilders at the end of a tough year.
Midwestern and southern metros may dominate buyer interest in 2026, according to the National Association of REALTORS®.
Scottsdale residents are very philanthropic with their hard-earned money, with the 10th-highest rate of online charity donations and the 15th-highest amount of volunteer hours.
Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.
Mansions in Scottsdale and Paradise Valley make up the 10 most expensive new listings in Arizona.
Spa-style amenities, customizable lighting options, integrated technology, storage solutions — and ample space for these features — all surfaced as top trends.
By region, sales rose in the Midwest, Northeast and South but fell in the West.
Bold, geometric designs like chevrons, sunbursts, zigzags and stepped shapes are making a huge comeback as of late — and Houzz said that will continue into 2026.
Income growth surpassed rental growth in 37 of the largest 50 U.S. metros this October — including Phoenix, according to new research from Zillow. The typical asking rent for an average rental unit decreased 0.7% to $1,763. Meanwhile,
The largest project in The Valley’s pipeline is Kierland Sky, a Scottsdale adaptive-reuse project that will convert office space into 420 apartments.
The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025.
From January through October, new listings increased 7.3%, closed sales increased 4.2% and pending sales increased 0.7%, all compared to the same time period in 2024.
Compass agents worked with both the buyers and sellers of the two most expensive homes sold in Arizona in October.
