As of November 2025, Scottsdale’s luxury market, had a median list price of $1,450,000, with an average sales price of $1.229,00.

In Paradise Valley, the median luxury list was$5,895,000, with actual average sales price $3,152,000 depending on listing versus sold prices.

In 2025, Scottsdale emerged as the top-performing city by total dollar volume, surpassing Phoenix for the first time on record. Despite having less than half the number of home sales, Scottsdale’s significantly higher average price point drove total closed volume to over $6.3 billion, outpacing Phoenix’s $5.87 billion, an 8% difference.

Paradise Valley also saw exceptional momentum. With a relatively small number of transactions, it ranked fifth in total volume across the region, exceeding markets like Chandler, Surprise, and Peoria, a notable jump from previous years.

Arizona continues to attract high-net-worth buyers with its year-round sun, resort-style living, and tax-friendly policies. The state’s low property taxes and flat 2.5% income tax offer financial advantages, while luxury communities like Scottsdale, Paradise Valley, and Arcadia provide privacy, striking natural landscapes, and access to world-class golf, wellness, and dining. Buyers are also drawn by the region’s strong economy, growing tech and healthcare sectors, and the opportunity to own expansive custom homes at values often more favorable than those in California, Colorado, or Florida.

Top neighborhoods for luxury living near Phoenix and Scottsdale include Arcadia, the Biltmore area, Troon North, and Fountain Hills, each offering a distinct blend of privacy, scenic views, and resort-style amenities.

Arcadia is prized for its lush lots and Camelback Mountain views; the Biltmore area combines timeless elegance with premier golf and shopping; Troon North offers desert luxury and championship golf; and Fountain Hills delivers tranquility with mountain vistas just minutes from Scottsdale.

In the East Valley, luxury enclaves like Encanterra and Pegasus Airpark in Queen Creek offer elevated living, from golf and spa amenities to aviation-friendly estates with private runways. Whitewing communities are also known for custom homes, gated privacy, and a refined, family-friendly atmosphere.

Yes. Arizona offers a flat 2.5% state income tax, no estate or inheritance tax at the state level, and relatively low property taxes compared to many coastal states.

Luxury homes in Scottsdale average 70–124 days on market, while those in Paradise Valley typically range from 56–117 days, depending on price point and demand.

These areas combine privacy, natural beauty, and upscale amenities. Scottsdale offers vibrant dining, nightlife, and golf communities, while Paradise Valley is known for custom estates, mountain views, and a tranquil, exclusive setting. Both offer proximity to top-tier resorts, private clubs, and the Scottsdale Airpark.

High-end buyers prioritize open layouts, indoor-outdoor living, resort-style pools, guest casitas, chef’s kitchens, and spa-inspired suites. Smart-home tech, gated community access, energy efficiency, and proximity to golf, dining, and hiking are also in high demand.

Top-tier communities include Desert Mountain, Silverleaf, Estancia, Troon North, Mirabel, and Whisper Rock, as well as properties near The Phoenician and Mountain Shadows resorts.

Yes. Most luxury communities, particularly gated ones, have HOAs that manage design standards, rental policies, and shared amenities. Fees and rules vary by neighborhood.

Yes. However, a 2025 Arizona law restricts entities linked to certain foreign governments from buying land. Most international buyers are unaffected but should seek legal and tax advice, especially regarding FIRPTA.