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Phoenix, AZ’s Luxury Market Reacts to January 2026 Shifts

Published on Wednesday, January 14, 2026
Jeff Setlow
eXp Realty
Focus areas include Chandler, Gilbert, Gold Canyon, Mesa, Paradise Valley, Phoenix, Queen Creek, San Tan Valley, Scottsdale and Tempe, along with surrounding towns, communities and neighborhoods.
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As January 2026 progresses, Phoenix, AZ luxury real estate stands out for its unique response to market changes. High end homes priced above $800,000 average 66 days on market now, a clear sign that buyers in this segment are moving more deliberately than in prior months. Sellers should consider longer listing timelines and tailor their approach for well-informed, discerning clients.

Active luxury condo listings total 103 units in January, with a median price of $619,000. Balanced absorption citywide (3.1 months), combined with robust high end offerings, means ample selection for luxury buyers and strategic positioning required for sellers to stand out. Luxury shifts in Phoenix, AZ January 2026 affect not only listing time but also seller concessions and negotiated upgrades, making expert negotiation key.

Luxury Metrics Define the Market in January 2026

Sellers in the luxury tier must note that median sale price across Phoenix remains at $418,000—so top tier homes must present unique features and premium staging. Seller credits present in 29 percent of overall sales remain relevant even in luxury deals, where such incentives can spark buyer interest or close negotiations.

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For January 2026 luxury sales, Jeff Setlow offers advice on marketing timelines, incentives, and presentation that move high end listings in Phoenix, AZ.

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Staying Competitive in High End Phoenix, AZ Sales

How do you sell your house fast in Phoenix, AZ in the luxury segment? Pricing accurately, offering credits, and leveraging longer timelines are all essential. For buyers, affordable homes in Phoenix, AZ this January 2026 are accessible, but luxury shoppers see more choice and time to negotiate deals.

Is It a Good Time to Buy in Phoenix, AZ?

Yes, for those searching high end properties, slower market pace and a generous selection make January 2026 ideal for thoughtful purchases. Sellers who utilize informed pricing and unique property features can still secure strong results in Phoenix, AZ.

Luxury Listings: What to Expect This January

Expect sophisticated buyers and calculated negotiations—Jeff Setlow’s tailored support ensures luxury listings in Phoenix, AZ gain optimal exposure, incentives, and competitive edge throughout January 2026.

  • Luxury DOM: 66 days
  • Active luxury condos: 103 units
  • Median luxury price: $619,000
  • Median sale price (all): $418,000
  • Seller credits: 29 percent market wide

January’s Luxury Landscape in Phoenix, AZ

Navigating high value transactions this winter comes down to partnering for precision—reach Jeff Setlow for luxury advice in January 2026.

Jeff Setlow
Written by Jeff Setlow
eXp Realty
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