– Scottsdale Luxury Home Market Performance for September 2025 –
Scottsdale’s luxury home market saw another month of mixed performance in September.
This report examines the luxury residential market in Scottsdale, focusing on properties listed for $1 million and above. The data has been organized into four price-tiered segments to provide deeper insights into market trends.
– SEPTEMBER 2025 –
Scottsdale Homes Priced Between $1,000,000 – $1,499,999

– Active Scottsdale Homes on the Market: Inventory was up in this price point as well after several months of declines.
– UCB Scottsdale Home Sales: August was a great month for UCBs, and September came in slightly lower at 40 contracts at the end of the month.
– Pending Scottsdale Home Sales: After a strong August, pending sales took a huge 64.5% drop in September. This will certainly impact October’s sales.
– Scottsdale Homes Sold: After a dismal sales month in August, September came roaring back with 94 sales. This is well above the 12-month average.
– Sales Price to Listed Price: 96.8% – On average, buyers saw a discount of 3.2% off of list price.
Scottsdale Homes Priced Between $1,500,000 – $1,999,999

– Active Scottsdale Homes on the Market: Again, after experiencing several months of decreasing inventory, threre was a nice 13.5% rebound in September.
– UCB Scottsdale Home Sales: UCB contracts were up slightly in September.
– Pending Scottsdale Home Sales: Pending sales were also up modestly, coming in just under the 12-month average.
– Scottsdale Homes Sold: After an impressive sales month in August, sales fell 38.9% in September.
– Sales Price to Listed Price: 95.4% – On average, buyers saw a discount of 4.6% off of list price.
Scottsdale Homes Priced Between $2,000,000 – $2,999,999

– Active Scottsdale Homes on the Market: Inventory increased by 15% between the end of August and the end of September.
– UCB Scottsdale Home Sales: UCB contracts were up 23.1% in September. This bodes well for sales in October.
– Pending Scottsdale Home Sales: Similarly, pending contracts were up 17.2%, another good sign for sales volume in October.
– Scottsdale Homes Sold: After a very unimpressive sales month in August, home sales rebounded in September, turning in 30 sales for the month. This represents a 26.7% increase.
– Sales Price to Listed Price: 95.0% – On average, buyers saw a discount of 5.0% off of list price.
Scottsdale Homes Priced $3,000,000+

– Active Scottsdale Homes on the Market: In keeping with the other price points, inventory increased between August and September to the tune of 13.9%.
– UCB Scottsdale Home Sales: After a stronger August, UCB contracts came in slightly lower in September.
– Pending Scottsdale Home Sales: After several months of decline, the number of pending sales was up in September by a small margin.
– Scottsdale Homes Sold: The sales volume in this price point was up 36.4% over August, making it a great September.
– Sales Price to Listed Price: 94.7% – On average, buyers saw a discount of 5.3% off of list price.
If you would like additional details on home sales activity, please visit our Scottsdale Luxury Home Market Reports page and click on the downloadable “Scottsdale Market Trends” report.
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Here is a sample of some luxury homes that are currently for sale:

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Disclaimer: Information deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 10/1/2025 and can change at any time. The analysis looks at single-family luxury resale homes in Scottsdale AZ over the last 12 months. There may be new home inventory in these figures if the developer is using the MLS to market its homes. This blog represents the opinion of the author. No warranties expressed or implied.
Copyright ©2025 Heather Tawes Nelson | Joyce Tawes

