– Scottsdale Luxury Home Market Performance for September 2026 –
September was another mixed performance month for Scottsdale’s luxury home market. In some cases, we saw nice gains from the previous month, and in other cases, we saw declines.
This report looks at the luxury home market in Scottsdale. To be part of this report, all of the homes had to be listed for $1 million or more. And to show additional detail, we’ve broken down the data into several price bands so we can see how things are performing on a more micro level.
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.
– SEPTEMBER 2026 –
Scottsdale Homes Priced Between $1,000,000 – $1,499,999
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Active | 237 | 230 | 219 | 290 | 297 | 310 | 295 | 264 | 210 | 198 | 187 | 199 | 245 |
| UCB | 53 | 53 | 27 | 51 | 69 | 57 | 52 | 54 | 40 | 38 | 27 | 34 | 46 |
| Pending | 32 | 41 | 35 | 42 | 66 | 70 | 60 | 50 | 48 | 38 | 56 | 42 | 48 |
| Sold | 80 | 68 | 97 | 67 | 86 | 120 | 125 | 105 | 106 | 79 | 63 | 88 | 90 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Sales / List | 96.7% | 96.4% | 96.3% | 96.8% | 96.8% | 96.5% | 96.4% | 96.3% | 96.8% | 96.6% | 95.5% | 97.0% | 96.5% |
– Active Scottsdale Homes on the Market: Inventory was up slightly, nearing the 200 mark.
–UCB Scottsdale Home Sales: The number of UCB contracts was up 20.6% over August.
– Pending Scottsdale Home Sales: After a strong performance in August. Pending contracts fell in September.
– Scottsdale Homes Sold: Based on strong UCB and pending activity in August, we saw a great sales month in September. Eighty-eight homes sold, which is just under the 12-month average of ninety.
– Sales Price to Listed Price: 97.0% – On average, buyers saw a discount of 3.0% off of list price.
Scottsdale Homes Priced Between $1,500,000 – $1,999,999
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Active | 179 | 158 | 154 | 195 | 207 | 227 | 229 | 201 | 173 | 145 | 133 | 165 | 180 |
| UCB | 36 | 42 | 27 | 40 | 40 | 37 | 26 | 24 | 34 | 28 | 25 | 29 | 32 |
| Pending | 19 | 32 | 21 | 32 | 36 | 28 | 35 | 41 | 15 | 27 | 28 | 29 | 29 |
| Sold | 50 | 38 | 63 | 40 | 61 | 77 | 65 | 62 | 73 | 45 | 50 | 48 | 56 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Sales / List | 96.9% | 96.1% | 95.5% | 96.7% | 97.4% | 96.7% | 96.1% | 96.5% | 96.6% | 96.5% | 96.0% | 97.0% | 96.5% |
– Active Scottsdale Homes on the Market: Inventory was up nearly 20% when compared to the previous month.
– UCB Scottsdale Home Sales: UCB contracts were up slightly in September, coming in just under the 12-month average of thirty-two.
– Pending Scottsdale Home Sales: Pending contract activity was more or less level with the previous two months.
– Scottsdale Homes Sold: Sales were down slightly in September, coming in with a total of forty-eight homes sold.
– Sales Price to Listed Price: 97.0% – On average, buyers saw a discount of 3% off of list price.
Scottsdale Homes Priced Between $2,000,000 – $2,999,999
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Active | 238 | 209 | 187 | 216 | 227 | 230 | 217 | 195 | 176 | 152 | 136 | 157 | 195 |
| UCB | 22 | 31 | 20 | 34 | 41 | 31 | 36 | 32 | 17 | 9 | 18 | 15 | 26 |
| Pending | 27 | 32 | 23 | 28 | 50 | 38 | 42 | 34 | 25 | 23 | 26 | 33 | 32 |
| Sold | 51 | 39 | 57 | 41 | 43 | 74 | 51 | 63 | 53 | 37 | 23 | 37 | 47 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Sales / List | 96.5% | 95.9% | 95.0% | 95.7% | 96.2% | 95.8% | 96.4% | 95.6% | 96.4% | 93.4% | 95.7% | 97.2% | 95.8% |
– Active Scottsdale Homes on the Market: After a drop in August, inventory rebounded in September.
–UCB Scottsdale Home Sales: The number of UCB contracts was down slightly in September.
– Pending Scottsdale Home Sales: We saw a nice rebound in pending contracts. The month closed out with thirty-three pending sales, which is just ahead of the 12-month average of thirty-two.
– Scottsdale Homes Sold: After a disappointing August, home sales rebounded in September, closing the month with thirty-seven.
– Sales Price to Listed Price: 97.2% – On average, buyers saw a discount of 2.8% 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 | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Active | 339 | 345 | 340 | 398 | 440 | 437 | 404 | 358 | 281 | 233 | 230 | 277 | 340 |
| UCB | 12 | 25 | 22 | 40 | 42 | 43 | 44 | 45 | 26 | 17 | 18 | 20 | 30 |
| Pending | 29 | 36 | 33 | 38 | 34 | 31 | 33 | 40 | 48 | 36 | 32 | 29 | 35 |
| Sold | 36 | 19 | 36 | 40 | 55 | 61 | 55 | 50 | 56 | 48 | 34 | 36 | 44 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Sales / List | 95.3% | 97.0% | 96.1% | 96.8% | 95.3% | 95.8% | 95.9% | 95.9% | 94.8% | 94.0% | 94.8% | 94.3% | 95.5% |
– Active Scottsdale Homes on the Market: The number of homes for sale was up 17% compared to the previous month.
– UCB Scottsdale Home Sales: UCB contractive activity has been increasing slowly for the past couple of months.
– Pending Scottsdale Home Sales: Pending contracts were down in September, and they came in at a tie with the lowest performance in the last 12 months,
– Scottsdale Homes Sold: Sales were up slightly in September, coming in ahead by two over the previous month.
– Sales Price to Listed Price: 94.3% – On average, buyers saw a discount of 5.7% 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 track activity and trends.
Scottsdale Homes Priced Between $3,000,000 – $4,999,999
Dedicated tracking for this sub-band began April 2026.
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Active | — | — | — | — | — | — | 246 | 220 | 168 | 142 | 145 | 168 | 182 |
| UCB | — | — | — | — | — | — | 26 | 25 | 13 | 10 | 12 | 14 | 17 |
| Pending | — | — | — | — | — | — | 22 | 22 | 30 | 16 | 17 | 18 | 21 |
| Sold | — | — | — | — | — | — | 40 | 32 | 38 | 36 | 21 | 23 | 32 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Sales / List | — | — | — | — | — | — | 96.1% | 95.2% | 93.7% | 94.1% | 93.5% | 95.4% | 94.7% |
– Active Scottsdale Homes on the Market: Inventory moved back to levels we saw this summer in September, but it is still behind the 6-month average.
– UCB Scottsdale Home Sales: The number of UCB contracts was up 14.3% in September.
– Pending Scottsdale Home Sales: Pending contracts were also up modestly at the end of the month, closing out at eighteen.
– Scottsdale Homes Sold: Home sales were up 8.7% over August.
– Sales Price to Listed Price: 95.4% – On average, buyers saw a discount of 4.6% off of list price.
Scottsdale Homes Over $5,000,000
Dedicated tracking for this sub-band began April 2026.
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Active | — | — | — | — | — | — | 158 | 138 | 113 | 91 | 85 | 109 | 116 |
| UCB | — | — | — | — | — | — | 18 | 20 | 13 | 7 | 6 | 6 | 12 |
| Pending | — | — | — | — | — | — | 11 | 18 | 18 | 20 | 15 | 11 | 16 |
| Sold | — | — | — | — | — | — | 15 | 18 | 18 | 12 | 13 | 13 | 15 |
| 2025 | 2026 | Avg | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metric | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | 12-Mo |
| Sales / List | — | — | — | — | — | — | 95.6% | 93.7% | 96.0% | 93.9% | 96.0% | 93.4% | 94.8% |
– Active Scottsdale Homes on the Market: There was a 22% jump in inventory in September, coming in just under the 12-month average.
– UCB Scottsdale Home Sales: The number of UCB contracts remained level with the previous month and came in at half of the six-month average.
– Pending Scottsdale Home Sales: Pending contracts dropped again in September, coming in at eleven. This is a tie with the lowest-performing month over the last six months.
– Scottsdale Homes Sold: Home sales came in level with the previous month at thirteen.
– Sales Price to Listed Price: 93.4% – On average, buyers saw a discount of 6.6% 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:
Disclaimer: Information deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 10/1/2026 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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