Luxury Real Estate Stats For The Phoenix Metro Area For Over One Million

by Michelle Quackenbush

As we approach the end of 2025, the luxury real estate market continues to thrive, demonstrating exceptional strength throughout the fourth quarter.
 
Contracts in escrow within the $1M-$2M price range have surged, rising 25% over the past five weeks and climbing 16% compared ot this time last year. This sharp increase highlights strong buyer confidence in the luxury segment.
 
Contracts in escrow over the $2M price point have climbed steadily, rising 25% over the past nine weeks and now sit 7% higher than this time last year, according to the Cromford Report.
 
If you are considering selling your luxury home, now is an exceptional time to capitalize on strong demand and rising activity in the high-end market. 
 

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