The Metro Phoenix Supply-Demand Ratio Dips to its Lowest Point in Years
Metro Phoenix home prices held steady in September, but rising inventory and fewer homes under contract pushed the Supply / Demand Ratio to 26.26%, into extreme buyer’s market territory. Mortgage rates remain high, though Friday’s weaker jobs report offered some encouragement by sharply reducing expectations for another Fed rate hike.
Scottsdale Hotel Market 2026 Overview
Scottsdale has developed into a distinct premium hotel market with strong pricing power, broad demand and pronounced seasonality. This 2026 market overview looks at hotel performance, major demand drivers, North Scottsdale, weekday demand, new supply and the factors hotel developers and investors should understand before evaluating the market.
Home Sales in the Metro Phoenix Area Slowed
As expected, Metro Phoenix home sales were slow in August.
Summer is traditionally one of the slower periods for Arizona real estate. Temperatures frequently exceed 110 degrees, many of our winter visitors are out of town, and overall activity normally slows.
A total of 3,602 single-family detached homes sold in August, compared with 4,210 in July and 3,780 in August of last year.
Premium Hotel Performance Remains Strong
The premium Scottsdale and Paradise Valley hotel market continues to show strong pricing power, improving occupancy and meaningful RevPAR growth. For the DC Ranch hotel site, that performance provides important market context for evaluating a higher-quality full-service hotel opportunity in North Scottsdale.
Luxury Home Sales Well Ahead of 2025
Arizona’s luxury real estate market is setting records. It is also showing just how important pricing and negotiation can be.
I have been tracking three segments of the luxury market for several years: homes selling for $3 million or more, $10 million or more, and $14 million or more.
Fix & Flip Loans for Real Estate Investors
Fix and flip investors can access financing up to 90% LTV with up to 100% of the rehab budget financed. See how leverage, FICO, investor experience, and project details can affect the financing available for your next deal.
Hotel Value Framework for Underwriting, Valuation, and Value Creation
Hotel Value A Rigorous Framework for Underwriting, Valuation, and Value Creation
The Best Home Loans For Medical Professionals
Finished Residency? Starting Your New Physician Position? Ready to Buy a Home?
You have the new job.
You have the employment contract.
Your income is about to look very different than it did during residency or fellowship.
But if you’re trying to buy a home, your previous income and medical-school debt may not reflect where you are financially today.
From Hotel Site to Stabilized Value
White Paper on A Practical Framework for Highest & Best Use, Hotel Configuration, Revenue and Long-Term Value
Record-Breaking Luxury Home Sales in Arizona
We are on track to sell more than 1,200 homes $3 million or greater, 80 homes $10 million or greater, and 25 homes $14 million or greater in Arizona in 2026.
Homes Under Contract Fall 40% in Metro Phoenix
From May 1 to August 1, the number of homes under contract in Metro Phoenix dropped 40%. Higher mortgage rates and 110-degree heat have thinned the buyer pool, but this is a seasonal cooldown, not a market in trouble. Rates remain below last year, and the buyers who remain have more room to negotiate on price, terms, and repairs.
DC Ranch Hotel Site for Sale
Take a quick look at the hotel development opportunity at 18211 North Pima Road in North Scottsdale, near DC Ranch, WestWorld of Scottsdale, TPC Scottsdale and the Loop 101.
The approximately 1.7-acre site is positioned for a full-service hotel concept with approvals allowing up to 200 rooms. The location offers access to North Scottsdale business, medical, golf, event, meeting and leisure demand, along with nearby dining, shopping and residential communities.