– Scottsdale Luxury Home Market Performance for January 2026 –
After a quiet contract month in December, we saw new contract activity pick up significantly in January; however, the quieter December activity definitely impacted the number of homes that sold in January.
In this report, we take a look at the luxury home market in Scottsdale. Each of these homes had a list price of $1,000,000 or more. We’ve broken the data down into four price segments to show additional detail.
– JANUARY 2026 –
Scottsdale Homes Priced Between $1,000,000 – $1,499,999
– Active Scottsdale Homes on the Market: After a seasonal drop in inventory in December, the number of homes for sale in this price range was quite significantly higher by the end of January.
–UCB Scottsdale Home Sales: After a very quiet December, UCB contracts rebounded in January, coming in ahead of the 12-month average.
– Pending Scottsdale Home Sales: We also saw pending contracts pick up some steam, but at a more modest pace
– Scottsdale Homes Sold: Sales were down quite a bit due to the holidays and an unexpectedly strong December.
– 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: Inventory was up 21% over the end of December and was more or less on par with the 12-month average.
–UCB Scottsdale Home Sales: January’s UCB contracts posted the second-highest performing month of the past 12 months.
– Pending Scottsdale Home Sales: Pending contracts were up 34.4% over January.
– Scottsdale Homes Sold: Sales were down in January, but as I’ve mentioned before, this is definitely impacted by the holidays in December.
– Sales Price to Listed Price: 96.7% – On average, buyers saw a discount of 3.3% off of list price.
Scottsdale Homes Priced Between $2,000,000 – $2,999,999
– Active Scottsdale Homes on the Market: After dropping under 200 homes in December, January ended the month back in the 200 range.
–UCB Scottsdale Home Sales: January’s UCB contracts came in at the highest level we’ve seen in the past year.
– Pending Scottsdale Home Sales: Pending contracts we’re also up, but not quite as dramatically, though.
– Scottsdale Homes Sold: As expected, home sales were back down in January, but interestingly enough, they came in just behind the 12-month average.
– Sales Price to Listed Price: 95.7% – On average, buyers saw a discount of 4.3% off of list price.
Scottsdale Homes Priced $3,000,000+
– Active Scottsdale Homes on the Market: I remember several years ago when the number of three-million-and-up price point homes for sale broke 100, and in January, we almost crossed the 400 threshold.
– UCB Scottsdale Home Sales: January was the highest performing month for UCB contracts in the past year.
– Pending Scottsdale Home Sales: Pending contract sales were also pretty strong, coming in ahead of the 12-month average and turning in the second-highest performance in the past year.
–Scottsdale Homes Sold: After a great December, January’s momentum kept building. Forty homes sold during the course of the month.
– Sales Price to Listed Price: 96.8% – On average, buyers saw a discount of 3.2% 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.
Search Scottsdale Luxury Homes for Sale
Here is a sample of some luxury homes that are currently for sale:
MLS IDX Listing Disclosure © 2026
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 2/1/2026 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 ©2026 Heather Tawes Nelson | Joyce Tawes
