Yong's Weekly Read

Week of August 31 – September 6, 2026

New listings · weekly

616

Median price per sqft · Phoenix metro

The price arc, month by month.

Current

$253

Jul '26

12-month peak

$256

Nov '25

12-month trough

$252

Aug '25

12-month change

+0.4%

vs Aug '25

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

Four luxury bands. Four different markets.

Active snapshot · 2026-09-11

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

Price band

$800K – $2M

Active
3411
Median PPSF
$386
Median DOM
54days

Weekly signal

Last 13 weeks

3411 active listings; median days on market 54 days. The bridge tier: luxury-adjacent entry, broadest active pool.

Paradise Valley, the quintessential mid-luxury Phoenix market

Price band

$2M – $5M

Active
941
Median PPSF
$677
Median DOM
80days

Weekly signal

Last 13 weeks

941 active listings; median days on market 80 days. The most actively transacting luxury band.

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

Price band

$5M – $10M

Active
230
Median PPSF
$1,055
Median DOM
73days

Weekly signal

Last 13 weeks

230 active listings; median days on market 73 days. Selective inventory; representation-driven, longer time horizons.

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

Price band

$10M+

Active
84
Median PPSF
$1,573
Median DOM
119days

Weekly signal

Last 13 weeks

84 active listings; median days on market 119 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.