Luxury Condo Sales in Scottsdale and Phoenix – September 2025
The market for luxury condos in Scottsdale and Phoenix gained momentum in September.
In this report we examine the sales activity of luxury condos that had been on the market for one million dollars or more.
Luxury Condo Market - September 2025  Phoenix and Scottsdale AZ  All Luxury Condos  Scottsdale Luxury Condos  Phoenix Luxury Condos  Units on the Market  - Number of Units for Sale  101  82  19  - Average Asking Price  $2,572,282  $2,725,896  $1,909,316  - Average Asking Price Per Sq. Ft.  $999.21  $1,069.37  $696.38  - Average Days on Market*- Active  159  172  104  UCB Sales (Under Contract - Accepting Backup Offers)  - Number of Units UCB  7  5  2  - Average UCB Price  $1,793,000  $1,830,200  $1,700,000  - Average UCB Price Per Sq. Ft.  $795.37  $864.16  $623.42  Pending Sales  - Number of Units Pending  96  95  1  - Average Pending Price  $2,918,161  $2,937,631  $1,068,500  - Average Pending Price Per Sq. Ft.  $1,096.37  $1,103.26  $442.08  Luxury Condo Sales  - Number of Units Sold  9  5  4  - Average Sales Price  $1,454,444  $1,555,000  $1,328,750  - Sales Price to List Price  96.8%  95.7%  98.4%  - Average Sold Sq. Feet  1,729  1,671  1,802  - Average Sales Price per Sq. Ft.  $848.21  $935.16  $739.53  - Average Days on Market* - Sold  85  101  65  - Highest Sale Price  $2,850,000  $2,850,000  $1,580,000  - Lowest Sale Price  $1,050,000  $1,050,000  $1,190,000  - Percentage of Total Sales  100%  56%  44%  
ACTIVE LISTINGS AT THE END OF SEPTEMBER
At the end of August, there were 78 luxury condos on the market. By the end of September, this number had ballooned up to 101.
The most expensive condo on the market is the most expensive condo ever offered for sale in Scottsdale and it has occupied this spot for a couple of years at this point. On the market for $12,900,000, this penthouse at ICON at Silverleaf has four bedrooms, four and one-half bathrooms and covers 6,288 square feet.
The least expensive condo for sale is also a rollover. Located in Toscana at Desert Ridge, it has two bedrooms and bathrooms and is 1,645 square feet. It was listed for $1,075,000.
UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
The month concluded with seven homes in UCB status. Five of them were located in Scottsdale, and the remaining two were in Phoenix.
UCB Condos in Scottsdale
- Optima Kierland 
- Two bedrooms, two and one-half bathrooms, 1,535 square feet. Asking price was $1,250,000.
- Two bedrooms, two and one-half bathrooms, 1,954 square feet. Asking price was $2,749,000.
 
- Atavia
- Three bedrooms, three and one-half bathrooms, 2,247 square feet. Asking price was $1,347,000.
- Three bedrooms, three and one-half bathrooms, 2,586 square feet. Asking price was $1,355,000.
 
- ICON at Silverleaf – Two bedrooms, two and one-half bathrooms, 2,731 square feet. Asking price was $2,450,000.
UCB Condos in Phoenix
- Toscana at Desert Ridge -Three bedrooms, three and one-half bathrooms, 3,167 square feet. Asking price was $1,875,000.
- Fairway Lodge – Two bedrooms, two and one-half bathrooms, 2,3291 square feet. Asking price was $1,525,000. 
 
PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
Pending sales moved from 90 to 96 between August and September. Ninety-five of them were located in Scottsdale and the majority of them were located in communities under development. Phoenix closed out the month with a single pending sale.
Scottsdale Pending Luxury Condos
- Optima Camelview
- Three bedrooms, two bathrooms, 2,222 square feet. Asking price was $1,379,000.
- Two bedrooms and bathrooms, 1,930 square feet. Asking price was $2,350,000.
 
- Gainey Ranch – Three bedrooms and bathrooms, 2,333 square feet. Asking price was $1,450,000.
- 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, 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, 2,841square feet. Asking price was $1,635,000.
- 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 $1,642,000.
- 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.
 
- Portico Scottsdale Condominiums – This is a new development in North Scottsdale.
- Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,505,000.
- Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,769,000.
- Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,935,000.
- Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $2,016,950.
 
- 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, 1,896 square feet. Asking price was $1,975,000.
- One bedroom, two bathrooms, 1,521 square feet. Asking price was $1,985,000.
- One bedroom, two bathrooms, 1,678 square feet. Asking price was $1,995,000.
- Two bedrooms, two and one-half bathrooms, 1,767 square feet. Asking price was $2,025,000.
- Two bedrooms and bathrooms, 1,847 square feet. Asking price was $2,075,000.
- One bedroom, two bathrooms, 1,677 square feet. Asking price was $2,100,000.
- 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.
- One bedroom, two bathrooms, 1,677 square feet. Asking price was $2,195,000.
- Two bedrooms and bathrooms, 2,157 square feet. The asking price was $2,225,000.
- Two bedrooms, three bathrooms, 2,244 square feet. Asking price was $2,325,000.
- 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, two and one-half bathrooms, 1,848 square feet. Asking price was $2,395,000.
- 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, three bathrooms, 2,157 square feet. Asking price was $2,425,000.
- 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, 2,593 square feet. Asking price was $2,695,000.
- 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 and bathrooms, 2,579 square feet. Asking price was $2,850,000.
- Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $2,875,000.
- Two bedrooms and bathrooms, 2,318 square feet. Asking price was $2,950,000.
- Two bedrooms and bathrooms, 2,683 square feet. Asking price was $2,985,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $2,995,000.
- Two bedrooms, three bathrooms, 2,599 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, 2,244 square feet. Asking price was $2,995,000.
- Two bedrooms, three bathrooms, 2,497 square feet. Asking price was $3,050,000.
- Two bedrooms, three bathrooms, 2,592 square feet. Asking price was $3,100,000.
- Two bedrooms, three bathrooms, 2,527 square feet. Asking price was $3,275,000.
- 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 $3,395,000.
- 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.
- Two bedrooms, three bathrooms, 2,576 square feet. Asking price was $3,585,000.
- Two bedrooms, three bathrooms, 2,683 square feet. Asking price was $3,595,000.
- Two bedrooms and bathrooms, 2,526 square feet. Asking price was $3,695,000.
- Three bedrooms, four bathrooms, 3,037 square feet. Asking price was $4,150,000.
- Three bedrooms, four bathrooms, 3,200 square feet. Asking price was $4,295,000.
- 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 and bathrooms, 3,200 square feet. Asking price was $4,725,000.
- 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 $2,495,000.
- 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 $2,995,000.
- 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, 3,867 square feet. Asking price was $3,600,000.
- 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, 6,288 square feet. Asking price was $6,900,000.
- Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $7,700,000.
- Four bedrooms, four and one-half bathrooms, 5,534 square feet. Asking price was $8,000,000.
 
Phoenix Pending Luxury Condos
- Esplanade Place – Two bedrooms and bathrooms, 2,417 square feet. Asking price was $1,068,500.
LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
A healthy nine condos sold in September. They were more or less evenly split between Scottsdale and Phoenix.
If you are seeing condos closing over asking price, this is most likely due to upgrades purchased during the building process.
Scottsdale Luxury Condo Sales
- Optima Kierland 
- Two bedrooms and bathrooms, 1,091 square feet. Asking price was $1,150,000 and it sold for list price.
- Two bedrooms and bathrooms, 1,465 square feet. Asking price was $1,225,000 and it sold for $1,175,000.
- Two bedrooms and bathrooms, 1,461 square feet. Asking price was $1,650,000 and it sold for $1,550,000.
 
- The Landmark – Two bedrooms, two and one-half bathrooms, 2,0551 square feet. Asking price was $1,100,000 and it sold for $1,050,000.
- Scottsdale Waterfront Residences – Two bedrooms, two and one-half bathrooms, 2,284 square feet. Asking price was $3,000,000 and it sold for $2,850,000.
Phoenix Luxury Condo Sales
- Toscana at Desert Ridge
- Two bedrooms, two and one-half bathrooms, 1,781 square feet. Asking price was $1,190,000 and it sold for list price.
- Two bedrooms, two and one-half bathrooms, 1,705 square feet. Asking price was $1,285,000 and it sold for list price.
- Two bedrooms, two and one-half bathrooms, 1,781 square feet. Asking price was $1,650,000 and it sold for $1,580,000.
 
- Portland on the Park – Three bedrooms and bathrooms, 1,941 square feet. Asking price was $1,27,5,000 and it sold for $1,260,000.
Learn More About Phoenix and Scottsdale Luxury Condos
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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 10/1/2025 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 ©2025 Heather Tawes Nelson | Joyce Tawes
 
											



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