December 2025 Phoenix Luxury Housing Report

Where the Gap Between Median and Luxury Is the Widest
Presented by Scott Bryant | Bryant Real Estate
Jan 26, 2026 | Phoenix Market Insights

Executive Summary | Phoenix Luxury Trends (Dec 2025)

Exactly what to say:

• Phoenix’s median home price sits around $455,000 – $465,000, showing modest year-over-year stability in late 2025. Homes are selling in roughly 64–67 days on average.
  
  
• Phoenix’s luxury segment, especially Scottsdale, Paradise Valley, Arcadia, and Biltmore areas — remains resilient, drawing strong demand from buyers seeking lifestyle, views, and investment value.
  
  
• Unlike some coastal markets where luxury pricing is softening more sharply, Phoenix luxury reflects strategic buyer activity, not distress. Buyers are selective; sellers are recalibrating pricing and marketing.

Luxury here is less about a broad retreat and more about purposeful pricing, longer selling timelines, and a bifurcated market, median buyers versus luxury buyers.

Phoenix Market by the Numbers

Median Listing Price (All Homes)

• Phoenix Median Home Price (Dec 2025): ~$455,000–$465,000.

Median Market Pace

• Phoenix Days on Market 64–67 days | slower than 2024.
  Luxury Segment (Local Observations)
  

• There’s no universal 90th percentile published yet for Phoenix in the current Realtor.com luxury reports, but local luxury markets (Paradise Valley, Biltmore, North Scottsdale) commonly see entry luxury well above $1M and often multiples of the Phoenix median.

This translates to a Phoenix luxury gap that’s likely 2.2x to 3.5x the local median, similar to patterns in other Sun Belt metros where luxury doesn’t blend into the mainstream market.

Where the Gap Is Widest in Phoenix-Area Submarkets

In metro Phoenix, the luxury divide isn’t uniform, it’s hyper-localized:

Paradise Valley

• Median can be in the multi-million dollar range, with luxury estates in the $5M+ tier commanding strong buyer interest.†

Scottsdale & North Scottsdale

• A luxury threshold here easily eclipses $2M–$3M, meaning the gap to the Phoenix median is significantly wider than the broader metro.†

Biltmore / Arcadia

• Premium lifestyle markets with large estates showing typical luxury premiums outpacing the regional median by multiple factors.

Real-World Illustration:
A luxury estate in Paradise Valley can list at $10M+, while median pricing around Phoenix remains sub-$500K, creating a luxury differential well over 20x in extreme instances.

What This Means for Buyers and Sellers

Exactly what to say:

For Sellers

• Price smart, don’t price high. Luxury buyers here still pay premiums, but they want value, lifestyle, and narrative around the property.
• Position for buyers who are cash or equity-rich and less rate-sensitive.
• Expect slightly longer days on market compared to mid-market homes, timing and marketing matter.

For Buyers

• Luxury is still attainable relatively to coastal markets, even though it remains a differentiated tier from the median market.
• Quality, location, and experience sell, pools, views, outdoor living, and golf course proximity still move buyers.

If you’re trying to navigate what this means for your buying or selling strategy in Phoenix, clarity beats waiting.

—
Scott Bryant
Phoenix Real Estate Advisor
Helping buyers and sellers move with confidence in Luxury markets.