Luxury Condo Sales in Scottsdale and Phoenix – December 2025
Scottsdale and Phoenix’s luxury condo market continues to perform well. In this report, we take a look at condo sales activity for condos with list prices of $1M and above. What is exciting is that in December, many of the condos that had been under construction for years started closing, so we’ll see a lot of sales activity this month.
Luxury Condo Market - December 2025 Phoenix and Scottsdale AZ All Luxury Condos Scottsdale Luxury Condos Phoenix Luxury Condos Units on the Market - Number of Units for Sale 105 82 23 - Average Asking Price $2,353,270 $2,427,455 $2,088,783 - Average Asking Price Per Sq. Ft. $925.03 $981.14 $724.96 - Average Days on Market*- Active 181 194 133 UCB Sales (Under Contract - Accepting Backup Offers) - Number of Units UCB 3 3 0 - Average UCB Price $2,216,667 $2,216,667 N/A - Average UCB Price Per Sq. Ft. $856.13 $856.13 N/A Pending Sales - Number of Units Pending 70 66 4 - Average Pending Price $2,753,499 $2,832,074 $1,457,011 - Average Pending Price Per Sq. Ft. $1,044.92 $1,068.01 $644.05 Luxury Condo Sales - Number of Units Sold 31 27 4 - Average Sales Price $2,362,559 $2,535,716 $1,193,750 - Sales Price to List Price 100.1% 100.4% 95.7% - Average Sold Sq. Feet 2,312 2,303 2,369 - Average Sales Price per Sq. Ft. $1,016.41 $1,091.82 $507.41 - Average Days on Market* - Sold 79 75 107 - Highest Sale Price $4,642,467 $4,642,467 $1,415,000 - Lowest Sale Price $1,000,000 $1,000,000 $1,010,000 - Percentage of Total Sales 100% 87% 13%
ACTIVE LISTINGS AT THE END OF DECEMBER
The number of luxury condo markets for sale dropped slightly in December, closing out the month at 105.
The most expensive condo on the market is a carryover from the last few months. It is a $10,300,000 listing in the under-development community of Ascent at the Phoenician. It has three bedrooms, three and one-half bathrooms and 4,830 square feet.
The least expensive condo on the market is also a carryover from last month. It is a two-bedroom, two-bathroom condo located in Optima Camelview. It has 1,252 square feet and is on the market for $1,049,000.
UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
December was a quiet month for UCB activity. This actually makes sense because during the holiday time, people tend to put their home shopping on hold.
UCB Condos in Scottsdale
- Optima Kierland – Two bedrooms and two bathrooms, 1,329 square feet. Asking price was $1,250,000.
- ICON at Silverleaf – Two bedrooms, two and one-half bathrooms, 2,731 square feet. Asking price was $2,450,000.
- Landmark Condominiums – Three bedrooms and three and one-half bathrooms, 4,037 square feet. Asking price was $2,950,000.
UCB Condos in Phoenix
- At the end of the month, there were no UCB contracts in Phoenix.
PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
Pending sales at the end of November came in at 94. By the end of December, they had dropped to 70. This is due to one of the communities under construction finishing construction in some buildings and delivering the units to their new owners. However, there are still quite a few outstanding pending sales in these communities that are being finished up.
Scottsdale Pending Luxury Condos
- Eagles Pass – Three bedrooms and bathrooms, 2,386 square feet. Asking price was $1,150,000.
- Optima McDowell – Two bedrooms and bathrooms, 1,520 square feet. Asking price was $1,694,000.
- Optima Kierland – Two bedrooms and bathrooms, 1,686 square feet. Asking price was $1,695,000.
- Atavia – This is a new community in North Scottsdale.
- Three bedrooms, four bathrooms, 2,247 square feet. Asking price was $1,347,000.
- Three bedrooms, four bathrooms, 2,247 square feet. Asking price was $1,355,000.
- Three bedrooms, three and one-half bathrooms, 2,586 square feet. Asking price was $1,436,000.
- Three bedrooms, three and one-half bathrooms, 2,586 square feet. Asking price was $1,466,000.
- Three bedrooms, three and one-half bathrooms, 2,586 square feet. Asking price was $1,485,000.
- Three bedrooms, three and one-half bathrooms, 2,841 square feet. Asking price was $1,642,000.
- Three bedrooms, three and one-half bathrooms, 2,841 square feet. Asking price was $1,654,000.
- Three bedrooms, three and one-half bathrooms, 2,841 square feet. Asking price was $1,680,000
- Three bedrooms, three and one-half bathrooms, 2,841 square feet. Asking price was $1,685,000.
- Three bedrooms, three and one-half bathrooms, 3,015 square feet. Asking price was $1,717,000.
- Three bedrooms, three and one-half bathrooms, 3,015 square feet. Asking price was $1,737,000.
- Three bedrooms, three and one-half bathrooms, 3,015 square feet. Asking price was $1,758,000
- Three bedrooms, three and one-half bathrooms, 3,015 square feet. Asking price was $1,788,000.
- Three bedrooms, three and one-half bathrooms, 3,015 square feet. Asking price was $1,788,000.
- Ascent at the Phoenician – This is another fantastic development underway.
- One bedroom, two bathrooms, 1,519 square feet. Asking price was $1,725,000.
- One bedroom, two bathrooms, 1,519 square feet. Asking price was $1,725,000.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $1,995,000.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,100,000.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,175,000.
- Two bedrooms and bathrooms, 2,157 square feet. Asking price was $2,225,000.
- Two bedrooms, three bathrooms, 2,157 square feet. Asking price was $2,350,000.
- Two bedrooms and bathrooms, 2,294 square feet. Asking price was $2,385,000.
- Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $2,395,000.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,395,000.
- Two bedrooms and bathrooms, 2,068 square feet. Asking price was $2,485,000.
- Two bedrooms, two and one-half bathrooms, 2,160 square feet. Asking price was $2,485,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $2,550,000.
- Two bedrooms, two and one-half bathrooms, 1,848 square feet. Asking price was $2,625,000.
- Two bedrooms, three bathrooms, 2,318 square feet. Asking price was $2,695,000.
- Two bedrooms and bathrooms, 2,157 square feet. Asking price was $2,750,000.
- Two bedrooms, two and one-half bathrooms, 2,160 square feet. Asking price was $2,795,000.
- Two bedrooms, three bathrooms, 2,160 square feet. Asking price was $2,850,000.
- Two bedrooms and bathrooms, 2,579 square feet. Asking price was $2,850,000.
- Two bedrooms and bathrooms, 2,318 square feet. Asking price was $2,950,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $2,995,000.
- Two bedrooms, two and one-half bathrooms, 2,157 square feet. Asking price was $2,995,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $3,295,000.
- Two bedrooms, three bathrooms, 2,326 square feet. Asking price was $3,375,000.
- Two bedrooms and bathrooms, 2,318 square feet. Asking price was $3,385,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $3,395,000.
- Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $3,475,000.
- Two bedrooms and bathrooms, 2,592 square feet. Asking price was $3,525,000.
- Three bedrooms, four bathrooms, 3,037 square feet. Asking price was $4,150,000.
- Three bedrooms, four bathrooms, 3,141 square feet. Asking price was $4,295,000.
- Three bedrooms, three bathrooms, 3,141 square feet. Asking price was $4,475,000.
- Three bedrooms, four bathrooms, 3,166 square feet. Asking price was $4,595,000.
- Three bedrooms, four bathrooms, 3,166 square feet. Asking price was $4,675,000.
- Three bedrooms, three bathrooms, 3,141 square feet. Asking price was $4,750,000.
- Two bedrooms, three bathrooms, 2,470 square feet. The asking price was $4,850,000.
- ICON at Silverleaf – Currently under construction.
- Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,600,000.
- Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,700,000.
- Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,750,000.
- Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,900,000.
- Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,175,000.
- Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,195,000.
- Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,200,000.
- Three bedrooms, four bathrooms, 3,239 square feet. Asking price was $3,400,000.
- Three bedrooms, four bathrooms, 3,329 square feet. Asking price was $3,900,000.
- Three bedrooms, four bathrooms, 3,329 square feet. Asking price was $3,900,000.
- Five bedrooms, five and one-half bathrooms, 5,534 square feet. Asking price was $5,400,000.
- Five bedrooms, five and one-half bathrooms, 5,534 square feet. Asking price was $5,985,000.
- Four bedrooms, four and one-half bathrooms, 5,534 square feet. Asking price was $8,000,000.
Phoenix Pending Luxury Condos
- Toscana at Desert Ridge
- Three bedrooms, three and one-half bathrooms, 3,167 square feet. Asking price was $1,875,000.
- Two bedrooms, three bathrooms, 1,781 square feet. Asking price was $1,300,000.
- Three bedrooms and bathrooms, 2,175 square feet. Asking price was $1,528,043
LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
There were thirty-one sales of luxury condos in Scottsdale and Phoenix in the month of December. Sixteen of them took place in the Ascent at the Phoenician community, which has been under construction for the last several years. As communities like Ascent at the Phoenician and Icon finish their projects, we will start seeing larger sales numbers in these communities as they move off the pending list.
Scottsdale Luxury Condo Sales
- ICON at Silverleaf – Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,600,000 and it sold for $3,500,000.
- Landmark Condominiums – Three bedrooms and bathrooms, 3,054 square feet. Asking price was $1,999,990 and it sold for list price.
- Optima Camelview – Three bedrooms, two bathrooms, 2,222 square feet. Asking price was $1,379,000 and it sold for $1,316,000.
- Scottsdale Waterfront Residences
- Three bedrooms, four bathrooms, 2,503 square feet. Asking price was $2,450,000 and it sold for list price.
- Three bedrooms, four bathrooms, 3,139 square feet. Asking price was $3,450,000 and it sold for $3,250,000.
- Gainey Ranch – Three bedrooms and bathrooms, 2,113 square feet. Asking price was $1,400,000 and it sold for list price.
- Optima Kierland
- Three bedrooms, two bathrooms, 1,755 square feet. Asking price was $1,650,000 and it sold for $1,580,000.
- Two bedrooms and bathrooms,1,686 square feet. Asking price was $1,724,000 and it sold for $1,641,000.
- Envy Scottsdale
- Two bedrooms and bathrooms, 1,269 square feet. Asking price was $1,099,999 and it sold for $1,000,000.
- Two bedrooms and bathrooms, 1,306 square feet. Asking price was $1,099,999 and it sold for $1,037,500.
- Ascent at the Phoenician
- Two bedrooms, three bathrooms, 2,593 square feet. Asking price was $2,695,000 and it sold for $2,717,429.
- Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $3,395,000 and it sold for list price.
- Two bedrooms and bathrooms, 2,683 square feet. Asking price was $2,985,000 and it sold for $3,012,699.
- Two bedrooms, three bathrooms, 2,527 square feet. Asking price was $3,275,000 and it sold for $3,257,472.
- Two bedrooms, three bathrooms, 2,599 square feet. Asking price was $2,995,000 and it sold for $3,136,011.
- Two bedrooms, three bathrooms, 2,244 square feet. Asking price was $2,325,000 and it sold for $2,391,648.
- Two bedrooms, three bathrooms, 2,157 square feet. Asking price was $2,425,000 and it sold for $2,567,057.
- Two bedrooms, three bathrooms, 2,592 square feet. Asking price was $3,100,000 and it sold for $3,310,973.
- Three bedrooms, four bathrooms, 3,200 square feet. Asking price was $4,295,000 and it sold for $4,642,467.
- One bedroom, two bathrooms, 1,896 square feet. Asking price was $1,975,000 and it sold for $2,053,809.
- Two bedrooms, two and one-half bathrooms, 1,848 square feet. Asking price was $2,395,000 and it sold for $2,462,820.
- One bedroom, two bathrooms, 1,677 square feet. Asking price was $2,195,000 and it sold for $2,204,050.
- Two bedrooms, three bathrooms, 1,767 square feet. Asking price was $2,495,000 and it sold for $2,450,000.
- Two bedrooms, three bathrooms, 2,244 square feet. Asking price was $2,995,000 and it sold for list price.
- Two bedrooms, three bathrooms, 2,576 square feet. Asking price was $3,585,000 and it sold for $3,597,328.
- Two bedrooms, three bathrooms, 2,497 square feet. Asking price was $3,050,000 and it sold for $3,096,090.
Phoenix Luxury Condo Sales
- The Residences at 2211 Camelback – Two bedrooms and bathrooms, 2,000 square feet. Asking price was $1,100,000 and it closed for $1,010,000.
- Optima Biltmore – Three bedrooms, four bathrooms, 2,679 square feet. Asking price was $1,150,000 and it sold for $1,100,000.
- Regency House – Penthouse. Three bedrooms, two bathrooms, 2,468 square feet. Asking price was $1,300,000 and it sold for $1,250,000.
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Disclaimer: Days on market figures are cumulative days on market. Information herein deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 1/1/2026 and can change at any time. The analysis looks at resale luxury condos in Scottsdale and Phoenix over the past 12 months. Information deemed reliable, but not guaranteed. There may be new condo inventory in these figures if the developer is using the MLS to market its homes. This post represents the opinion of the author. No warranties express or implied.
Copyright ©2026 Heather Tawes Nelson | Joyce Tawes
