Record Breakers and Ground-Breakers

To start, I would like to mention the remarkable performance of the luxury market in the Phoenix Metro. A newly built estate in Paradise Valley sold for $16.5 million in cash, the highest priced sale in the Phoenix metro so far in 2026 - and possibly a record breaker. The market for amenity rich luxury homes is on fire in Arizona.

Coming soon to the West Valley, and not quite a record breaker, Vivar at Ballpark Village. This affordable planned housing community anticipates around 400 units here in Goodyear, AZ. The land for the plans has been acquired by Dominium, a Minnesota based developer.

Groundbreaking new builds come in a diverse range here in AZ.

Facing flat lot sales and high inventory of existing homes, builders are looking to unload inventory across the Phoenix metro, creating bargain opportunities for buyers. So if the luxury market is not for you, no worries. There are ample opportunities to find a remarkable home without getting in over your head.

Let's face it. If you want an amenity rich property, the market outlook is competitive. Expect to pay more for mountain views such as Camelback Mountain, Piestewa Peak, and Thunderbird Mountain. Multiple Bathrooms, Expansive Master Suites, Remodeled, Renovated, Golf Course/Mountain views.. The list goes on. For many properties, real estate value has held since the pandemic with many valley properties appreciating in value year over year.