– Scottsdale Luxury Home Market Performance for August 2026 –
August was a mixed month for the luxury home market in Scottsdale.In some price segments, we saw nice contract or sales activity, but in other segments, the performance down compared to July.
In this report, we examine Scottsdale’s luxury home market. Since different price points behave differently, we’ve broken the information down into several price bands to provide additional information. All of the homes in this report were on the market for $1 million or more.
Starting in April, we added two new price bands because the over $3 million price point was getting too much activity, and it was hard to understand trends. We created two new price bands, which are $3- $5 million dollars and then $5 million dollars or more. We will continue including the $3 million plus price point data until we get more data in the new ones.
– AUGUST 2026 –
Scottsdale Homes Priced Between $1,000,000 – $1,499,999
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Active | 229 | 237 | 230 | 219 | 290 | 297 | 310 | 295 | 264 | 210 | 198 | 187 | 247 |
| UCB | 40 | 53 | 53 | 27 | 51 | 69 | 57 | 52 | 54 | 40 | 38 | 27 | 47 |
| Pending | 31 | 32 | 41 | 35 | 42 | 66 | 70 | 60 | 50 | 48 | 38 | 56 | 47 |
| Sold | 94 | 80 | 68 | 97 | 67 | 86 | 120 | 125 | 105 | 106 | 79 | 63 | 91 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Sales / List | 96.8% | 96.7% | 96.4% | 96.3% | 96.8% | 96.8% | 96.5% | 96.4% | 96.3% | 96.8% | 96.6% | 95.5% | 96.5% |
– Active Scottsdale Homes on the Market: The number of homes for sale fell again in August, coming in well under the 12-month average.
–UCB Scottsdale Home Sales: UCB contracts we’re down 40.7% when compared to July. This is also the lowest we have seen UCBs in the past year.
– Pending Scottsdale Home Sales: After several months of declines, pending contracts rebounded in August.They were up 32.1% compared to the previous month.
– Scottsdale Homes Sold: As expected, the number of homes sold in August was down because of dips in contract activity in July.
– Sales Price to Listed Price: 95.5% – On average, buyers saw a discount of 4.5% off of list price.
Scottsdale Homes Priced Between $1,500,000 – $1,999,999
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Active | 171 | 179 | 158 | 154 | 195 | 207 | 227 | 229 | 201 | 173 | 145 | 133 | 181 |
| UCB | 23 | 36 | 42 | 27 | 40 | 40 | 37 | 26 | 24 | 34 | 28 | 25 | 32 |
| Pending | 24 | 19 | 32 | 21 | 32 | 36 | 28 | 35 | 41 | 15 | 27 | 28 | 28 |
| Sold | 36 | 50 | 38 | 63 | 40 | 61 | 77 | 65 | 62 | 73 | 45 | 50 | 55 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Sales / List | 95.4% | 96.9% | 96.1% | 95.5% | 96.7% | 97.4% | 96.7% | 96.1% | 96.5% | 96.6% | 96.5% | 96.0% | 96.4% |
– Active Scottsdale Homes on the Market: The number of homes for sale in this price point fell again. We haven’t seen inventory this low for a very long time.
– UCB Scottsdale Home Sales: The number of UCB contracts fell again in August to 25. This is the second lowest they’ve been in the past year.
– Pending Scottsdale Home Sales: After recovering in July, pending sales were more or less level in August, but came in on par with the 12-month average.
– Scottsdale Homes Sold: After a sluggish July, home sales were up in August, closing out with 50 sales.
– Sales Price to Listed Price: 96.0% – On average, buyers saw a discount of 4% off of list price.
Scottsdale Homes Priced Between $2,000,000 – $2,999,999
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Active | 207 | 238 | 209 | 187 | 216 | 227 | 230 | 217 | 195 | 176 | 152 | 136 | 199 |
| UCB | 26 | 22 | 31 | 20 | 34 | 41 | 31 | 36 | 32 | 17 | 9 | 18 | 26 |
| Pending | 29 | 27 | 32 | 23 | 28 | 50 | 38 | 42 | 34 | 25 | 23 | 26 | 31 |
| Sold | 30 | 51 | 39 | 57 | 41 | 43 | 74 | 51 | 63 | 53 | 37 | 23 | 47 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Sales / List | 95.0% | 96.5% | 95.9% | 95.0% | 95.7% | 96.2% | 95.8% | 96.4% | 95.6% | 96.4% | 93.4% | 95.7% | 95.6% |
– Active Scottsdale Homes on the Market: The number of homes for sale continued to decline to the lowest levels we’ve seen in the past year.
–UCB Scottsdale Home Sales: After two very low-performance months, the number of UCBs rebounded in August, coming in 50% higher.
– Pending Scottsdale Home Sales: Pending contracts also saw an increase in August.
– Scottsdale Homes Sold: Home sales were down 60.9% compared to July, and July was not even a very strong-performing month. I anticipate sales to improve next month based on the increased contract activity.
– Sales Price to Listed Price: 95.7% – On average, buyers saw a discount of 4.3% off of list price.
Scottsdale Homes Over $3,000,000
Starting April 2026, this band is also tracked as two sub-bands – see the $3M-$5M and $5M+ reports.
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Active | 288 | 339 | 345 | 340 | 398 | 440 | 437 | 404 | 358 | 281 | 233 | 230 | 341 |
| UCB | 19 | 12 | 25 | 22 | 40 | 42 | 43 | 44 | 45 | 26 | 17 | 18 | 29 |
| Pending | 24 | 29 | 36 | 33 | 38 | 34 | 31 | 33 | 40 | 48 | 36 | 32 | 34 |
| Sold | 33 | 36 | 19 | 36 | 40 | 55 | 61 | 55 | 50 | 56 | 48 | 34 | 44 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Sales / List | 94.7% | 95.3% | 97.0% | 96.1% | 96.8% | 95.3% | 95.8% | 95.9% | 95.9% | 94.8% | 94.0% | 94.8% | 95.5% |
– Active Scottsdale Homes on the Market: Inventory was down slightly and has been trending downward since February.
– UCB Scottsdale Home Sales: The number of UCBs was more or less level between July and August.
– Pending Scottsdale Home Sales: The number of pending contracts decreased slightly in August.
– Scottsdale Homes Sold: Sales were down 41.2% when compared to July. We should see a pretty similar sales number in September.
– Sales Price to Listed Price: 94.8% – On average, buyers saw a discount of 5.2% off of list price.
Here are the two new price bands I’ve introduced. As you can see, we are working on building out the data, but we can still take a look at activity.
Scottsdale Homes Priced Between $3,000,000 – $4,999,999
Dedicated tracking for this sub-band began April 2026.
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Active | — | — | — | — | — | — | — | 246 | 220 | 168 | 142 | 145 | 184 |
| UCB | — | — | — | — | — | — | — | 26 | 25 | 13 | 10 | 12 | 17 |
| Pending | — | — | — | — | — | — | — | 22 | 22 | 30 | 16 | 17 | 21 |
| Sold | — | — | — | — | — | — | — | 40 | 32 | 38 | 36 | 21 | 33 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Sales / List | — | — | — | — | — | — | — | 96.1% | 95.2% | 93.7% | 94.1% | 93.5% | 94.5% |
– Active Scottsdale Homes on the Market: The number of homes for sale went up slightly in August.
– UCB Scottsdale Home Sales: UCB contracts were also up modestly in August.
– Pending Scottsdale Home Sales: The number of pending sales was up by one at the end of August.
– Scottsdale Homes Sold: After a very impressive performance in July, sales fell.71.4% when compared to July.
– Sales Price to Listed Price: 93.5% – On average, buyers saw a discount of 6.5% off of list price.
Scottsdale Homes Over $5,000,000
Dedicated tracking for this sub-band began April 2026.
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Active | — | — | — | — | — | — | — | 158 | 138 | 113 | 91 | 85 | 117 |
| UCB | — | — | — | — | — | — | — | 18 | 20 | 13 | 7 | 6 | 13 |
| Pending | — | — | — | — | — | — | — | 11 | 18 | 18 | 20 | 15 | 16 |
| Sold | — | — | — | — | — | — | — | 15 | 18 | 18 | 12 | 13 | 15 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | 12-Mo |
| Sales / List | — | — | — | — | — | — | — | 95.6% | 93.7% | 96.0% | 93.9% | 96.0% | 95.0% |
– Active Scottsdale Homes on the Market: Inventory has been steadily decreasing at this price point since we started tracking in April.
– UCB Scottsdale Home Sales: The UCB contract figure is quite low, but that’s not surprising because we are working with such a high price point.
– Pending Scottsdale Home Sales: After a slight rebound in July, penny sales fell in August. However, they did come in just under the 12-month average.
– Scottsdale Homes Sold: The number of homes that sold in August was up one compared to July.
– Sales Price to Listed Price: 96.0% – On average, buyers saw a discount of 4% 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 9/1/2026 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
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