Arizona Luxury Real Estate Forecast: What’s Coming in 2025–2026

Arizona Luxury Real Estate Forecast: What’s Coming in 2025–2026

After years of record-breaking appreciation, Arizona’s luxury housing market is entering a new phase — one defined by selective growth, limited inventory, and evolving buyer preferences.

As Mary Murphy, founder of The Murphy Group, notes:

“Luxury buyers are no longer just chasing square footage — they’re looking for lifestyle alignment. Smart design, privacy, and energy efficiency are defining the next generation of Arizona luxury homes.”

📈 Price Trends: Cooling or Continuing Climb?

While 2023–2024 brought double-digit gains in many top neighborhoods, 2025–2026 is expected to show moderate, steady growth instead of rapid spikes.

Forecast Highlights:

• Scottsdale: +4–6% projected price increase
• Paradise Valley: +3–5%, driven by ultra-luxury demand
• Chandler: +2–4%, supported by tech relocations and new builds

💬 “The Arizona market is normalizing — but that’s healthy,” says Mary.
“We’re seeing sustainability replace speculation.”

🏡 Inventory Predictions: Scarcity Continues

Even as interest rates stabilize, inventory remains tight across all major luxury corridors.

• Scottsdale: Limited resale opportunities, new construction still lagging demand
• Paradise Valley: Redevelopment of older estates fueling premium pricing
• Chandler: Gated and waterfront communities seeing waitlists for listings

🏠 “High-net-worth buyers are holding, not flipping,” Mary explains.
“That’s keeping supply low — and values strong.”

📊 Buyer Behavior: Lifestyle, Not Location

Luxury buyers in 2025–2026 are focused on quality of life and long-term usability.

Emerging Trends:

• Smart-home integration and energy-efficient design
• Resort-style outdoor living (pools, courtyards, wellness features)
• Proximity to golf, fine dining, and executive access routes

💬 “We’re seeing fewer trophy purchases and more purposeful ones,” Mary notes.
“Buyers want elegance that fits their daily rhythm.”

🌵 Top Areas to Watch

Scottsdale: Silverleaf and Desert Mountain leading in luxury new builds.
Paradise Valley: Demand for new estates near Camelback and Mummy Mountain.
Chandler: Fulton Ranch and Ocotillo drawing executive relocations.

💼 Expert Insight

“Buyers relocating from high-tax states continue to view Arizona as a smart investment,” says Mary.
“They’re drawn by the mix of space, architecture, and long-term value.”

With corporate expansions and lifestyle migrations still strong, Arizona’s luxury real estate momentum is expected to hold steady into late 2026.

📲 Ready to Explore Arizona’s 2026 Market?

From resort estates in Paradise Valley to lakefront properties in Chandler, The Murphy Group delivers concierge-level insight into Arizona’s most desirable addresses.

📞 Start your luxury search today at www.mgsellsarizona.com 

Arizona Luxury Real Estate Forecast: What’s Coming in 2025–2026

After years of record-breaking appreciation, Arizona’s luxury housing market is entering a new phase — one defined by selective growth, limited inventory, and evolving buyer preferences.

As Mary Murphy, founder of The Murphy Group, notes:

“Luxury buyers are no longer just chasing square footage — they’re looking for lifestyle alignment. Smart design, privacy, and energy efficiency are defining the next generation of Arizona luxury homes.”

📈 Price Trends: Cooling or Continuing Climb?

While 2023–2024 brought double-digit gains in many top neighborhoods, 2025–2026 is expected to show moderate, steady growth instead of rapid spikes.

Forecast Highlights:

• Scottsdale: +4–6% projected price increase
• Paradise Valley: +3–5%, driven by ultra-luxury demand
• Chandler: +2–4%, supported by tech relocations and new builds

“The Arizona market is normalizing — but that’s healthy,” says Mary.
“We’re seeing sustainability replace speculation.”

🏡 Inventory Predictions: Scarcity Continues

Even as interest rates stabilize, inventory remains tight across all major luxury corridors.

• Scottsdale: Limited resale opportunities; new construction still lagging demand
• Paradise Valley: Redevelopment of older estates fueling premium pricing
• Chandler: Gated and waterfront communities seeing waitlists for listings

“High-net-worth buyers are holding, not flipping,” Mary explains.
“That’s keeping supply low — and values strong.”

📊 Buyer Behavior: Lifestyle, Not Location

Luxury buyers in 2025–2026 are focused on quality of life and long-term usability.

Emerging Trends:

• Smart-home integration and energy-efficient design
• Resort-style outdoor living (pools, courtyards, wellness features)
• Proximity to golf, fine dining, and executive access routes

“We’re seeing fewer trophy purchases and more purposeful ones,” Mary notes.
“Buyers want elegance that fits their daily rhythm.”

🌵 Top Areas to Watch

Scottsdale: Silverleaf and Desert Mountain leading in luxury new builds.
Paradise Valley: Demand for new estates near Camelback and Mummy Mountain.
Chandler: Fulton Ranch and Ocotillo drawing executive relocations.

💼 Expert Insight

“Buyers relocating from high-tax states continue to view Arizona as a smart investment,” says Mary.
“They’re drawn by the mix of space, architecture, and long-term value.”

With corporate expansions and lifestyle migrations still strong, Arizona’s luxury real estate momentum is expected to hold steady into late 2026.

📲 Ready to Explore Arizona’s 2026 Market?

From resort estates in Paradise Valley to lakefront properties in Chandler, The Murphy Group delivers concierge-level insight into Arizona’s most desirable addresses.

📞 Start your luxury search today at www.mgsellsarizona.com