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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.
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.
Two penthouses in Scottsdale’s ICON at Silverleaf community were among the 10 most expensive homes sold in Arizona in November.
The NAHB’s monthly survey found the nation’s homebuilders remain optimistic about home sales next 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.