Scottsdale Luxury Realtor Dennis Carr

08/23/2026

Luxury inventory is 6.1% below last year across Scottsdale, Paradise Valley, and Phoenix—but under-contract activity remains 5.5% higher.

The market continues to lean slightly toward sellers, although buyers remain selective and negotiation remains property-specific.

Subscribe to my weekly Luxury Market Intelligence Brief at DennisCarr.com.

08/22/2026

This week’s Greater Scottsdale luxury market snapshot:

• 1,342 active listings
• 481 under contract
• 89 coming soon
• 59 closed sales
• $583 median sold price per square foot

Active inventory is 6.1% below last year, while under-contract activity remains 5.5% higher. Coming-soon inventory is also 7.2% ahead of last year.

The combination points to a market with limited supply, continued buyer activity, and a modest advantage for sellers whose properties are priced and presented appropriately.

Read the complete report:

https://www.denniscarr.com/luxury-supply-tightens-as-contracts-hold-firm

Scottsdale • Paradise Valley • Phoenix | $1 Million+ | August 21, 2026 Market Pulse Available luxury inventory continued to decline across Scottsdale, Paradise Valley, and Phoenix, while under-contract activity showed modest improvement. Active inv...

08/21/2026

This week’s highest recorded luxury closing was 8601 N 59th Place in Paradise Valley.

The 9,301-square-foot property sold for $12.61 million—approximately $1,356 per square foot. It was recorded with zero days on market and closed at its listed price, indicating an immediate or privately arranged transaction rather than conventional broad market exposure.

The sale demonstrates continued capacity at the upper end of the market, but its unusual circumstances mean it should not be viewed as representative of typical luxury-market conditions.

Read this week’s complete report:

https://www.denniscarr.com/luxury-supply-tightens-as-contracts-hold-firm

08/19/2026

July’s luxury market slowed from June, but the year-over-year numbers tell a more constructive story.

Across Scottsdale, Paradise Valley, and Phoenix, closed sales were 11.4% higher than last July, under-contract activity was 4.7% higher, and active inventory was 8.8% lower.

Read the complete July Luxury Market Intelligence report and watch the one-minute video:

https://www.denniscarr.com/july-luxury-sales-outpace-last-year-as-inventory-tightens

08/15/2026

July Luxury Market Snapshot | $1 Million+

• Active listings: 1,389
• Under contract: 428
• Closed sales: 343
• New listings: 396
• Median sale price: $1,650,000
• Average sale price: $2,279,515
• Average days on market: 113
• Months of supply: 4.05

Sales and contracts remained ahead of July 2025 even as the market experienced its customary summer slowdown.

Conditions continue to vary considerably by price range, location, property condition, and presentation.

Read the complete July Market Review:
https://www.denniscarr.com/july-luxury-sales-outpace-last-year-as-inventory-tightens

08/14/2026

July’s luxury market told two different stories.

Activity slowed substantially from June as the market moved deeper into summer. However, when compared with July 2025:

• Closed sales increased 11.4%
• Under-contract activity increased 4.7%
• Active inventory declined 8.8%

The median sale price reached $1.65 million, while the average sale price increased to approximately $2.28 million.

The market has slowed seasonally, but the year-over-year comparisons do not indicate broad deterioration in demand. Buyers remain selective, making pricing, preparation, presentation, and relative value especially important.

Read the July 2026 Luxury Market Review:
https://www.denniscarr.com/july-luxury-sales-outpace-last-year-as-inventory-tightens

08/12/2026

Luxury inventory is now approximately 10% below last year across Scottsdale, Paradise Valley, and Phoenix.

Under-contract activity has slowed during the summer, but it remains ahead of last year. That suggests a seasonal shift rather than broad deterioration in the market.

Buyers continue to be selective, making pricing, presentation, condition, and relative value especially important.

Here is this week’s One Minute Market Intelligence Brief.

08/09/2026

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Stop by today between 12 and 3 and take a look for yourself.

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Hosted by Dennis Carr, REALTOR®
HomeSmart

08/07/2026

Available luxury inventory continued to decline across Scottsdale, Paradise Valley, and Phoenix this week.

Active listings priced at $1 million or more fell to 1,347—14.0% below where they stood 30 days ago and 10.0% below one year ago.

Under-contract inventory also moderated as the market moved deeper into summer, but it remained 9.1% higher than at the same time last year. This points to seasonal slowing rather than broad market deterioration.

Buyers continue to be selective, making pricing, presentation, condition, and relative value especially important for sellers. Buyers may find summer opportunities among properties that remained unsold through the more active spring season.

Read this week’s luxury market update:

www.denniscarr.com/luxury-inventory-declines-as-contracts-stay-above-last-year

White Glove home selling and buying services. Staging, cleaning, inspection, and preparation coordination. Curated home searches and listing price analysis.

08/05/2026

Is the market starting to shift in favor of sellers?

Luxury inventory has been declining, while sales activity remains ahead of last summer. In this week's one-minute market update, I break down what that means if you're buying or selling in Scottsdale, Paradise Valley, or Phoenix.

Let me know what you're seeing in today's market.

Luxury inventory continues to tighten across Greater Scottsdale.I...