Yong's Weekly Read

Week of October 12-18, 2026

New listings · weekly

2,354

Median price per sqft · Phoenix metro

The price arc, month by month.

Current

$252

Sep '26

12-month peak

$256

Oct '25

12-month trough

$251

Aug '26

12-month change

-1.6%

vs Oct '25

Luxury bands · price per sqft, days on market, closings

Four luxury bands. Four different markets.

Active snapshot · 2026-10-26

Estancia, an entry-to-luxury enclave in north Scottsdale

Price band

$800K – $2M

Active
3803
Median PPSF
$395
Median DOM
51days

Weekly signal

Last 13 weeks

3803 active listings; median days on market 51 days. The bridge tier: luxury-adjacent entry, broadest active pool.

Paradise Valley, the quintessential mid-luxury Phoenix market

Price band

$2M – $5M

Active
1109
Median PPSF
$678
Median DOM
52days

Weekly signal

Last 13 weeks

1109 active listings; median days on market 52 days. The most actively transacting luxury band.

Desert Mountain, a premier guard-gated community at the upper luxury tier

Price band

$5M – $10M

Active
278
Median PPSF
$1,032
Median DOM
62days

Weekly signal

Last 13 weeks

278 active listings; median days on market 62 days. Selective inventory; representation-driven, longer time horizons.

Silverleaf at DC Ranch, the top of the Phoenix luxury market

Price band

$10M+

Active
111
Median PPSF
$1,534
Median DOM
52days

Weekly signal

Last 13 weeks

111 active listings; median days on market 52 days. Ultra-luxury; off-market share is meaningful, so the published count understates true activity.

The catalog

All published reads.

How we read the market

Three inputs.

  1. 01

    Recorded market transactions

    ARMLS listing and sale records · refresh cadence varies by dataset

    The full set of recorded listing-and-sale transactions across the Valley. Source-of-record for headline volume + closed-price stats.

  2. 02

    Public deed filings

    County recorder · weekly cross-reference

    Captures recorded transactions that weren’t publicly listed, including off-market trades, intra-family transfers, and entity-to-entity sales.

  3. 03

    Private RLSIR registry

    Off-market trades facilitated by the network

    Yong’s and the Russ Lyon Sotheby’s International Realty network’s direct knowledge of pocket trades, club-membership-driven transfers, and pre-listing introductions.

Weekly cadence reports the supply pulse (new-listing cadence + rolling averages) at metro granularity. Monthly cadence reports the full stat suite: median price-per-sqft, median days-on-market, transaction volume, and inventory tier breakdown. Adjustments are noted inline where applicable.