“Aswesettleintosummer,Arizona'sluxurymarketcontinuestodemonstrate resilience,stability,andthoughtfulmomentum.Buyersareapproachingeach opportunitywithintention,placinggreatervalueonexceptionaldesign,lasting quality,andhomesthatcomplementthewaytheywanttolive.Whilethepace hasbecomemoremeasured,demandfordistinctivepropertiesremainsstrong.
Beyondtheheadlines,I'mfocusedonwhattrulymovesthemarket.Across MaricopaCounty,we'reseeingencouragingappreciation,healthyactivityamong luxurybuyers,andcontinuedconfidenceinourregion'slong-termvalue.Sellers whoinvestinthoughtfulpresentation,strategicpricing,andexpertmarketing continuetocapturethegreatestattentionintoday'sevolvingmarket.”
- Andrea Garcia
REAL ESTATE IN THE VALLEY UPPER-MARKET SNAPSHOT | SUMMER 2026 MARKET HIGHLIGHTS Luxuryhomevaluescontinuetotrendupward.Since2023,the12-monthmovingaveragepricepersquarefoothas increasedapproximately4%forhomespricedbetween$1millionand$3million,whilepropertiesabove$3millionhave appreciatedapproximately17%.
ParadiseValleycontinuestoleadtheValley'sluxurymarket,withanaveragepriceof$1,198.81persquarefoot,followed byArcadia($897.12)andScottsdale($729.61),reinforcingtheirpositionasArizona'spremierluxurycommunities. TheCromford®MarketIndexcurrentlysitsat81.7,indicatingamarketthatoffersbuyersmoreopportunitywhile rewardingsellerswhopriceandpositiontheirhomesstrategically.
TherecentpassageofHouseBill2999(HB2999)isexpectedtosupportfutureinfrastructureandcommunity developmentacrossArizona Whileitsimpactwillunfoldovertime,thelegislationreinforcesthestate'scommitmentto thoughtfulgrowthandlong-termvalueacrosstheluxurymarket
Aswemovethroughthesecondhalfoftheyear,discerningbuyerscontinuetoviewluxuryrealestateasbothalifestyle investmentandalong-termwealth-buildingopportunity
Sources: Institute for Luxury Home Marketing , Cromford Report, Maricopa County Market Snapshot
A SEASON OF STEADY CONFIDENCE Arizona Luxury Review Arizona'sluxuryresidentialmarketcontinuestodemonstrateresilienceandlong-termstrength.Buyershave moreopportunitiestoexplore,sellersareadaptingtoamorebalancedenvironment,andexceptionalproperties continuetocommandattention.TherecentpassageofHouseBill2999,whichsupportsinfrastructurefinancing forfuturecommunities,alsoreinforcesconfidenceinArizona'slong-termgrowthandinvestmentpotential Strategicpricing,thoughtfulpresentation,andqualityremainthedefiningfactorsintoday'sluxurymarket
"Luxuryrealestatecontinuestorewardthoughtfuldecisions.Buyersarefocusedonlong-termvalue, sellersareembracingstrategicpositioning,andwell-preparedhomescontinuetosetthestandard."
Andrea Garcia
QUICK STATS July2026|Scottsdale,ParadiseValley,Gilbert,Chandler,QueenCreek,CaveCreek,FountainHills ActiveListings:1,842
AverageDaysonMarket:105
Inventory:Expandedyearoveryear,thoughpremiumturnkeyhomesremainlimited.
LuxuryBuyerBehavior/AnnualAppreciationTrends:ChangeinMonthlyAvg.PriceperSq.Ft.byListPrice
Over$10M:▼-5%YoY
$7.5M-$10M:▼-3%YoY
$5M-$7.5:▲+9%YoY
$3M-$5M:▲+4%YoY
$2M-$3M:▼-1%YoY
$1.5M-$2M:▼-1%YoY
$1K-$1.5M:▲+3%YoY
TopPriorities:Privacy,indoor-outdoorliving,investmentpotential,design-forwardfeatures
TRENDS WE’RE SEEING LuxuryValuesContinuetoClimb:Homespricedabove$3millionhaveexperiencedthestrongest appreciation,reinforcingcontinuedconfidenceinArizona'sultra-luxurymarket.
MoreChoice,MoreOpportunity:Increasedinventoryiscreatingahealthierbalance,givingbuyersmore optionswhilerewardingsellerswhopositiontheirhomesstrategically.
LifestyleStillDrivesDemand:Premiercommunitiescontinuetoattractbuyersseekingexceptionaldesign, privacy,andresort-styleamenitiesthatsupportArizona'sluxurylifestyle.
Whetheryou'reconsideringapurchase,preparingtosell,orplanningforthefuture,AndreaGarciaRealEstate Groupisheretoprovidethoughtfulguidanceeverystepoftheway Reachouttodayat602.733.2278.
12-month luxury market trends The $1M+ market continues to serve as a benchmark for Arizona's luxury real estate landscape. The following 12-month trends compare key market indicators year over year, offering insight into buyer activity, pricing performance, and overall market conditions.
NORTH AMERICAN Luxury Review SUMMER STABILITY AND MEASURED GROWTH LookingbeyondArizona,luxuryhousingmarketsacrossNorthAmericacontinuetodemonstrateresiliencethrough thefirsthalfof2026.Whileinventoryhasexpandedinmanymarkets,affluentbuyersremainactiveandintentional, prioritizingquality,location,andlong-termvalue.Asconditionscontinuetonormalize,theluxurymarketreflects thoughtfuldecision-makingratherthanurgency,creatingopportunitiesforbothbuyersandsellers.
INVENTORY AND SALES ACTIVITY Inventoryhasincreasedacrossmanyluxurymarkets,givingbuyersgreaterchoicewhilesupportingahealthier balancebetweensupplyanddemand.Exceptionalhomescontinuetoattractstronginterest,particularlythose thatarethoughtfullypriced,wellpresented,andlocatedinhighlydesirablecommunities.Buyersremain selective,butconfidenceintheluxurysegmentremainssteady.
LUXURY BUYER PRIORITIES Luxurybuyerscontinuetoprioritizelifestyle,architecturalquality,andlong-terminvestmentpotentialover short-termmarketfluctuations Flexibility,privacy,andmove-in-readypropertiesremainamongthemost sought-afterfeaturesasaffluentbuyersmakedeliberatepurchasingdecisions
WHAT THIS MEANS FOR CLIENTS Theevolvingluxurymarketpresentsopportunitiesonbothsidesofthetransaction.Preparation,strategy,and localexpertiseremainessentialtoachievingthestrongestoutcomes.
Sellers:Homesthatarestrategicallypriced,professionallymarketed,andbeautifullypresentedcontinueto capturethegreatestbuyerinterest.
Buyers:Increasedinventoryprovidesmoreopportunitiestofindtherightpropertywithoutsacrificing qualityorlong-termvalue.
OUTLOOK FOR THE MONTHS AHEAD Aswemovethroughthesecondhalfof2026,theNorthAmericanluxurymarketremainswellpositionedfor continuedstability.Whetheryou'reconsideringapurchase,preparingtosell,orsimplyevaluatingyouroptions, theteamatAndreaGarciaRealEstateGroupisheretoprovidetrustedguidanceeverystepoftheway.
Sources: Institute for Luxury Home Marketing, Redfin, Zillow
THINKING OF BUYING OR SELLING? 13-month market trends Including the top residential markets across the United States and Canada. All data is based on median values. Median prices represent properties priced above respective city benchmark prices.
Christopher Holmes
CERTIFIED MORTGAGE ADVISOR SCOTTSDALE MORTGAGE ADVISORS
AsaCertifiedMortgageAdvisor, Christophereducatesclientsonhow mortgagedecisionsimpacttheirbroader financialpicture,enablingthemtomake informed,confidentchoices
Theluxuryrealestatemarketremainsstrongthroughthefirsthalfof 2026,withhigh-net-worthbuyerscontinuingtopursuepremium propertiesandstrategicinvestmentopportunities.
Demandforjumboandportfolioloansolutionscontinuestogrowas luxurybuyersprioritizeliquidityandflexiblefinancing Well-qualified buyersaremovingforwardwithconfidenceusinglendingstrategies tailoredtotheiruniquegoals.
Formorethan25years,ChristopherHolmes,ownerofScottsdale MortgageAdvisors,hasprovidedpersonalizedguidanceand competitivefinancingsolutionsdesignedtodeliveraseamlessluxury lendingexperience
Interestedinlearningmore?Visitscottsdalemortgageadvisors.com orcontactChristopherHolmesat602.525.9593.
DESIGN SPOTLIGHT THE ENDURING LEGACY OF FRANK LLOYD WRIGHT FewarchitectshaveshapedAmericanresidentialdesignasprofoundlyas FrankLloydWright.Inarecentfeature,ArchitecturalDigestoffersaglimpse intoWright'shomelifethroughacollectionofvintagephotographs, highlightingthetimelessprinciplesthatdefinedhiswork:organicmaterials, abundantnaturallight,thoughtfulcraftsmanship,andaseamlessconnection betweenindoorandoutdoorliving.
Morethansixdecadeslater,hisinfluencecontinuestoinspiretoday'sluxury homes,provingthatexceptionaldesignnevergoesoutofstyle.Whether you'redrawntoclassicarchitectureorcontemporaryinterpretations,timeless designremainsoneofthemostenduringinvestmentsahomecanoffer.
Source: Architectural Digest
AndreaGarciaRealEstateGroup
9200E PimaCenterPkwy,Ste240 Scottsdale,AZ85258
