Scottsdale AZ Luxury Home Market – October 2025

– Scottsdale Luxury Home Market Performance for October 2025 –

Scottsdale’s luxury home market had a solid October with sales climbing in the higher price points. Contract activity varied by price range, with some segments performing better than others.

This report looks at Scottsdale’s luxury residential market for homes priced at $1 million and up. We’ve broken the data into four price tiers to give you a clearer picture of what’s happening at each level.

– OCTOBER 2025 –

Scottsdale Homes Priced Between $1,000,000 – $1,499,999

– Active Scottsdale Homes on the Market: Inventory continues to increase as sellers anticipate the seasonal market heating up, but we were still below the 12 month average.
– UCB Scottsdale Home Sales: UBC contracts saw their second-highest performing month in the past year.
– Pending Scottsdale Home Sales: Pendings were up slightly in October to close out the month at 32.
– Scottsdale Homes Sold: September was an incredibly strong sales month for this price point. In October, sales cooled but still posted a solid performance.
– Sales Price to Listed Price: 96.7% – On average, buyers saw a discount of 3.3% off of list price.

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Scottsdale Homes Priced Between $1,500,000 – $1,999,999

– Active Scottsdale Homes on the Market: Inventory increased for the second month in a row.
– UCB Scottsdale Home Sales: UCBs jumped 36.1% between September and October. They also came in well ahead of the 12 month average.
– Pending Scottsdale Home Sales: Conversely, pending contracts fell to the lowest we have seen in the past year.
– Scottsdale Homes Sold: Sales saw a sharp drop in September, but saw a very healthy 28.0% rebound in October.
– Sales Price to Listed Price: 96.9% – On average, buyers saw a discount of 3.1% off of list price.

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Scottsdale Homes Priced Between $2,000,000 – $2,999,999

– Active Scottsdale Homes on the Market: Inventory jumped by the end of October to surpass the 12 month average.
– UCB Scottsdale Home Sales: UCB contracts were down, but were within reasonable levels.
– Pending Scottsdale Home Sales: Pending contracts were also down slightly in October.
– Scottsdale Homes Sold:  Home sales in this price point hit the highest level we have seen in the past year. There were 51 sales, 41.2% above September and this was the highest sales month in the past month.
– Sales Price to Listed Price: 96.5% – On average, buyers saw a discount of 3.5% off of list price.

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Scottsdale Homes Priced $3,000,000+

– Active Scottsdale Homes on the Market: The number of homes listed jumped 15.0% between September and October. This number will most likely increase as we move into the high season.
– UCB Scottsdale Home Sales: October was a dismal month for UCB contracts in this price point.
– Pending Scottsdale Home Sales: Pending contracts were a different story. Pendings were up 17.2% between September and October.
– Scottsdale Homes Sold: Sales were up as well. Thirty-six homes sold in October.
– Sales Price to Listed Price: 95.3% – On average, buyers saw a discount of 4.7% off of list price.

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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.

Search Scottsdale Luxury Homes for Sale

Here is a sample of some luxury homes that are currently for sale:

Disclaimer: Information deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 11/1/2025 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