The priciest new listings in Arizona include a $15,000,000 stone estate with donated beams from the Hopi Nation and repurposed materials from a 15th century Spanish mission.

The state where home values have increased the most was Idaho, which saw a 171.03% increase in home values from 2013 to 2023.

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

A $54 million estate tops the most expensive new listings in Arizona.

Roughly 2.8 million millennials moved across state lines in 2022 — and a huge chunk of them moved into Arizona, according to a report from StorageCafe.

The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.       

With a household renter income of $86,236 annually and an average monthly rent of only $1,781, renters in Surprise spend only a fraction of their income on housing.

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

A Paradise Valley estate with a $29 million price tag tops the ranking of the 10 most expensive new listings in Arizona.

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

Declining interest rates spurred the increase. 

At the same time, the median sales price rose 4.4% to $382,600. 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

CoreLogic expects prices to continue to grow through the year.

Nine of the 10 most expensive new listings in Arizona are located in Paradise Valley — including a luxury listing with a $50 million price tag.

A $20 million Paradise Valley estate tops the most expensive new listings in Arizona.