Luxury Condo Sales in Scottsdale and Phoenix – January 2026
The Scottsdale and Phoenix luxury condo market continued to perform well in January. Several long-anticipated condos that had been under construction for years finally reached the finish line, pushing closing activity higher. Below, we break down condo sales for properties listed at $1M and above in Scottsdale and Phoenix.
Luxury Condo Market - January 2026 Phoenix and Scottsdale AZ All Luxury Condos Scottsdale Luxury Condos Phoenix Luxury Condos Units on the Market - Number of Units for Sale 134 95 39 - Average Asking Price $2,322,913 $2,469,467 $1,965,923 - Average Asking Price Per Sq. Ft. $919.56 $996.03 $733.28 - Average Days on Market*- Active 159 181 107 UCB Sales (Under Contract - Accepting Backup Offers) - Number of Units UCB 3 2 1 - Average UCB Price $1,688,333 $1,862,500 $1,340,000 - Average UCB Price Per Sq. Ft. $680.76 $774.64 $493.01 Pending Sales - Number of Units Pending 49 44 5 - Average Pending Price $2,601,817 $2657,977 $2,107,609 - Average Pending Price Per Sq. Ft. $933.75 $955.77 $739.98 Luxury Condo Sales - Number of Units Sold 33 31 2 - Average Sales Price $2,767,556 $2,869,979 $1,180,000 - Sales Price to List Price 101.7% 101.8% 97.3% - Average Sold Sq. Feet 2,353 2,390 1,781 - Average Sales Price per Sq. Ft. $1,157.64 $1,189.58 $662.55 - Average Days on Market* - Sold 77 79 39 - Highest Sale Price $4,984,614 $4,984,614 $1,300,000 - Lowest Sale Price $1,060,000 $1,070,000 $1,060,000 - Percentage of Total Sales 100% 91% 9%
ACTIVE LISTINGS AT THE END OF JANUARY
As expected, we saw the number of listings increase in January, as buyers came back to the market and sellers put their homes on. At the end of December, there were 105 units on the market, and at the end of January, there were 134.
The most expensive condo on the market is the same one that has held the spot for the past several months. It is located in the under-development community of Ascent at the Phoenician. It has three bedrooms, three and one-half bathrooms and 4,830 square feet and has an asking price of $10,300,000.
The least expensive unit on the market was found in the Landmark Condominiums community in Scottsdale. It has two bedrooms, three bathrooms, and 2,055 square feet. Asking price is $1,000,000.
UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
We did not see much UCB activity in January, which is a little unusual. I would have expected to see more.
UCB Condos in Scottsdale
- Optima Camelview – Two bedrooms, three bathrooms, 1,955 square feet. Asking price was $1,275,000.
- ICON at Silverleaf – Two bedrooms, two and one-half bathrooms, 2,731 square feet. Asking price was $2,450,000.
UCB Condos in Phoenix
- Crystal Point – Three bedrooms and bathrooms, 2,718 square feet. Asking price was $1,340,000.
PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
Pending sales continue to fall, and by the end of January, we were down to forty-nine. This large drop can be attributed to several properties that were under construction and have now closed. However, there are still quite a few outstanding pending sales in these communities that are being finished up and I look forward to the backlog moving into the sold category.
Scottsdale Pending Luxury Condos
- Portico Condominiums – Three bedrooms and bathrooms, 2,090 square feet. Asking price was $1,199,000.
- Landmark Condominiums – Three bedrooms and bathrooms, 2,672 square feet. Asking price was $1,250,000.
- Optima McDowell – Two bedrooms and bathrooms, 1,520 square feet. Asking price was $1,694,000.
- 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 $2,395,000.
- One bedroom, two bathrooms, 1,679 square feet. Asking price was $2,450,000.
- Two bedrooms and bathrooms, 2,068 square feet. Asking price was $2,485,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $2,550,000.
- Two bedrooms and bathrooms, 2,157 square feet. Asking price was $2,750,000.
- 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, 2,294 square feet. Asking price was $3,475,000.
- Two bedrooms and bathrooms, 2,592 square feet. Asking price was $3,525,000.
- 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, 2,722 square feet. Asking price was $2,295,000.
- 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 and bathrooms, 2,175 square feet. Asking price was $1,528,043.
- Two bedrooms, three bathrooms, 2,025 square feet. Asking price was $1,545,000.
- Three bedrooms, three and one-half bathrooms, 3,167 square feet. Asking price was $1,875,000.
- Portland on the Park – Three bedrooms and bathrooms, 2,486 square feet. Asking price was $1,490,000.
- Two Biltmore Estates – Three bedrooms, four bathrooms, 3,931 square feet. Asking price was $4,100,000.
LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
Thirty-three luxury condos closed in the month of January. Twenty-three of these sales were in the Ascent at the Phoenician community in Scottsdale, which has been in development for the last several years. I anticipate we will continue to see higher sales volume as the projects underway finish up construction.
Scottsdale Luxury Condo Sales
- Optima Kierland
- Two bedrooms and bathrooms, 1,329 square feet. Asking price was $1,250,000 and the sales price was $1,175,000.
- Two bedrooms, three bathrooms, 1,579 square feet. Asking price was $1,650,000 and it closed for $1,625,000.
- Two bedrooms and bathrooms, 1,686 square feet. Asking price was $1,695,000 and it closed for $1,610,000.
- ICON at Silverleaf – Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $3,250,000 and it sold for $3,200,000.
- Portico Condominiums
- Two bedrooms, three bathrooms, 1,939 square feet. Asking price was $1,125,000 and it sold for $1,115,000.
- Four bedrooms and bathrooms, 2,768 square feet. Asking price was $1,999,900 and it sold for $1,975,000.
- Eagles Pass – Three bedrooms and bathrooms, 2,386 square feet. Asking price was $1,150,000 and it sold for $1,070,000.
- Landmark Condominiums – Three bedrooms, four bathrooms, 4,037 square feet. Asking price was $2,950,000 and it sold for $2,750,000.
- Ascent at the Phoenician
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $1,995,000 and it sold for $2,043,649.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,100,00 and it sold for $2,155,640.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,175,000 and it sold for $2,204,446.
- Two bedrooms and bathrooms, 2,157 square feet. Asking price was $2,225,000 and it sold for $2,370,481.
- Two bedrooms, three bathrooms, 2,157 square feet. Asking price was $2,350,000 and it sold for $2,500,546.
- Two bedrooms and bathrooms, 2,294 square feet. Asking price was $2,385,000 and it sold for $2,348,386.
- Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $2,395,000 and it sold for $2,381,676.
- Two bedrooms, two and one-half bathrooms, 2,160 square feet. Asking price was $2,485,000 and it sold for $2,528,062.
- Two bedrooms, three bathrooms, 1,848 square feet. Asking price was $2,625,000 and it sold for $2,780,614.
- Two bedrooms, three bathrooms, 2,318 square feet. Asking price was $2,695,000 and it sold for $2,807,075.
- Two bedrooms, two and one-half bathrooms, 2,160 square feet. Asking price was $2,795,000 and it sold for $2,854,317.
- Two bedrooms, three bathrooms, 2,160 square feet. Asking price was $2,850,000 and it sold for $2,750,000.
- Two bedrooms and bathrooms, 2,579 square feet. Asking price was $2,850,000 and it sold for $2,982,477.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $3,295,000 and it sold for list price.
- Two bedrooms, three bathrooms, 2,326 square feet. Asking price was $3,375,000 and it sold for $3,515,866.
- Two bedrooms and bathrooms, 2,318 square feet. Asking price was $3,385,000 and it sold for $3,505,371.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $3,395,000 and it sold for $3,598,087.
- Three bedrooms, four bathrooms, 3,037 square feet. Asking price was $4,150,000 and it sold for $4,464,407.
- Three bedrooms, four bathrooms, 3,141 square feet. Asking price was $4,295,000 and it sold for list price.
- Three bedrooms, three bathrooms, 3,141 square feet. Asking price was $4,475,000 and it sold for $4,607,658.
- Three bedrooms, four bathrooms, 3,166 square feet. Asking price was $4,595,000 and it sold for $4,800,955.
- Three bedrooms, four bathrooms, 3,166 square feet. Asking price was $4,675,000 and it sold for list price.
- Three bedrooms, three bathrooms, 3,141 square feet. Asking price was $4,750,000 and it sold for $4,984,614.
Phoenix Luxury Condo Sales
- Toscana at Desert Ridge
- Two bedrooms, three bathrooms, 1,781 square feet. Asking price was $1,300,000 and it sold for list price.
- Two bedrooms, three bathrooms, 1,781 square feet. Asking price was $1,125,000 and it sold for $1,060,000.
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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 2/1/2026 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
