Zillow’s Home Value Index shows that in 13 of the past 20 years, home values in the metro area of the Super Bowl champion grew faster than the national average.

The priciest new listing in Arizona is back on the market after selling for $30 million last May. That price tag made it the most expensive home sale in 2025.

Despite declining pending home sales in all four regions of the country, certain metros saw steady annual gains, including Phoenix.

Middle-income seniors stand to be affected most by projected shortages — those who don’t qualify for subsidized housing but can’t afford new construction.

These are the five most expensive homes sold in Arizona in 2025, as well as the agents responsible for the transactions.

Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported. 

The priciest Arizona home sold in December was a $16.25 million estate with views of the Camelback Mountains.

Research showed a disproportionately high share of foreign-born workers active in the construction trades nationally in 2024.

Sales of existing homes jumped 5.1% month over month, topping analyst expectations. 

Homebuyers purchased 4,006 properties during the month, up from 3,379 during December 2024. Pending sales, however, declined 28.6% year over year.

Comparing 180 United States cities, WalletHub found Scottsdale to have the best job market in the country, based both on job availability and the city’s overall socioeconomic growth.

Two agents from Realty ONE Group — Joan Levinson and Joshua Peters — are responsible for the four most expensive new listings in Arizona.

Contract signings were up in all four U.S. regions. 

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.