Mountain views are on the menu for this month’s list of the 10 most expensive new listings in Arizona.

Phoenix isn’t the only southern city packing in new apartments, though. Over half of all new U.S. apartments in 2025 — which equates to over 265,000 units — are located in the south.

Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

The priciest Arizona listing last month was a $17 million estate with views of Camelback Mountain.

The merger unifies over 24 office locations and approximately 1,000 agents under the Realty Executives Arizona Territory umbrella.

The priciest new listing in Arizona is a $21 million mansion nestled into Camelback Mountain.

Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

A new report from U-Haul identified the most common states of origin for do-it-yourself movers who relocated to Phoenix.

Radiance at Superstition Vistas, an Apache Junction master-planned community from D.R. Horton, was the top-selling MPC in the area — and in Arizona.

Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said. 

Surprise was the top city in Arizona and the No. 4 city in the U.S., with Wallethub naming the Phoenix suburb the top real estate market in the country.

According to a recent report by GoBankingRates, Paradise Valley ranked among the nation’s top suburbs based on median household income, home values and other economic indicators.

A $25 million estate in Scottsdale was the most expensive home sold in Arizona last month.

The finance site ranked Scottsdale No. 2 in the country, citing both high quality of life and job availability. The city’s score was also boosted by its weather and outdoor recreation options.

Scottsdale and Paradise Valley homes make up all of the 10 most expensive new listings in Arizona.

Phoenix’s strong rank was due largely to its population growth, which jumped 14% year over year in 2023 and 2.3% so far in 2025.