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REAL ESTATE

Scottsdale home market strong but rational

The Greater Phoenix area single-family home sales posted a year-over-year increase in each of the last 12 months, with May closings rising 4.6% from May 2025, and year-to-date closings up 4.7%, according to the latest data from Phoenix Realtors.

The numbers were even rosier in Scottsdale, where closed sales were up 16.1% (433 homes) versus May 2025 and up 10.3% (2,020 houses) year to date.

“Scottsdale isn’t just selling homes; it’s selling a lifestyle. Buyers continue to choose Scottsdale for its luxury amenities, strong property values, and year-round quality of life, which is why we’re seeing sales growth that significantly outpaces the rest of the Valley,” said Sammy Glassman, board president of Phoenix Realtors.

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