Journal - Your Luxury Real Estate Experts
The Hômanity Team logo
The Hômanity Team
(480) 788-1321
The Hômanity Team logo
The Hômanity Team
(480) 788-1321
The Hômanity Team logo

Hômanity

(Ho-MAN-it-ee)

The Journal, November 2026 Scottsdale, Paradise Valley, Phoenix Metro and the Surrounding Valley
Brad Kimmelman
Brad Kimmelman, Hômanity Team

There’s no place like hôme.

As Thanksgiving approaches, we’re reminded that what makes a home meaningful has very little to do with the walls around us.

It’s the people we invite in, the extra chair pulled up to the table, the familiar faces who have been there for years and the new ones who somehow quickly feel like they always belonged.

Home is where stories are shared, traditions are created, laughter gets a little too loud and, if we’re lucky, everyone stays a little longer than planned.

This season, perhaps the best way to celebrate what we have is simply to make room for one another, at our tables, in our homes and in our lives.

Because at Hômanity, we’ve always believed that humanity starts at hôme.

Brad KimmelmanRuss Lyon Sotheby's International Realty

November Market Snapshot

What the numbers are telling us across Scottsdale, Paradise Valley and Greater Phoenix.

By Brad Kimmelman

More Choice. More Negotiation. More Reason to Know Your Market.

Arizona’s fall real estate season is underway. Seasonal residents are returning, buyers are becoming more focused, and sellers are asking an increasingly important question: what does today’s market actually mean for me?

The answer depends on where you are, what you’re buying or selling, and at what price point.

Across Scottsdale, Paradise Valley and Greater Phoenix, homes are selling and values are generally holding. But buyers have more choices. They are comparing properties carefully, taking their time and expecting pricing to reflect a home’s condition, location and overall quality.

The market isn’t stalled. It’s selective.

Scottsdale

Strength Is There, but Buyers Are Paying Attention

Scottsdale continues to demonstrate solid resilience, with its median sale price rising 8.6% year over year to $945,000 and price per square foot holding strong at $427. Closed transactions have increased by more than 7%, with homes spending a median of 63 days on market.

With inventory expanding to 4.4 months, buyers have more choices, but well-positioned sellers still have an excellent window to capture serious demand. On average, homes are closing approximately 3.1% below original asking price, while concessions appear in about 29% of transactions.

The takeaway is not that every seller should expect a discount. Properties that are thoughtfully prepared, beautifully presented and accurately priced from the beginning are still commanding attention and protecting equity. Those that reach too high often accumulate market time and eventually find themselves chasing the market downward.

Paradise Valley

At the Luxury Level, Details Matter More Than Ever

Paradise Valley continues to operate in an orbit distinctly its own. The median sale price sits at $3.75 million, up 4.2% year over year. Average pricing exceeds $4.65 million, while homes are commanding $824 per square foot, a 14.4% increase over last year.

With inventory settling at 6.6 months, supply has loosened and buyers have gained leverage. At this level, buyers are deliberate, informed and highly discerning. Architecture, views, privacy, finish quality and condition all matter.

Exceptional turnkey estates can still command significant premiums. When a property requires updating or deferred maintenance, however, luxury buyers are increasingly factoring those costs directly into their offers.

Greater Phoenix

A Balanced Market With Plenty of Room to Negotiate

Across Greater Phoenix, the median sale price remains at $450,000, virtually unchanged from this time last year. Inventory stands at 4.3 months, reflecting a relatively balanced environment with healthy participation on both sides of the closing table.

The bigger story is how deals are getting done. More than half (54.5%) of recent sales included some form of seller concession, averaging approximately $11,500.

Buyers are using these credits to help buy down interest rates or offset closing costs, while sellers are using financing flexibility as an increasingly important tool to bring transactions together.

More than half of recent Greater Phoenix sales included a seller concession, averaging approximately $11,500.

Thinking of Selling?

Your First Few Weeks Still Matter Most

This is not the moment to simply “test the market.” Buyers are studying recent comparable sales closely, and a home’s first few weeks remain its best opportunity to make a strong impression.

Preparation, presentation and accurate pricing are among the most effective tools a seller has to protect both time and equity.

A home does not need to be completely renovated. Its price does need to make sense for its current condition.

Request your seller guide

Thinking of Buying?

You May Have More Leverage Than You Think

Fall inventory is offering buyers something we have not always had in recent years: choice without frenzy.

Depending on the property and price point, buyers may be able to negotiate purchase price, request repairs, or secure seller funds toward closing costs or a mortgage-rate buydown.

The real advantage is not simply paying less. It is having the breathing room to make a thoughtful, long-term decision about the right home.

Request your buyer guide

Based on information from the Arizona Regional Multiple Listing Service for the period April 22, 2025 through October 22, 2026.

Brad’s Take

The market you hear about may not be the market you’re in.

There is no single “Phoenix market.” Conditions can change dramatically between cities, communities, price ranges and even neighboring homes.

The people who do best this fall will understand the market they are actually in, approach it with realistic expectations and make decisions based on their lives rather than waiting for some mythical perfect moment.

Curious about your home’s value, a particular neighborhood or how today’s market could affect your next move?

Ask Brad anything

Where We're Eating

Three tables made for gathering this season, from shared plates in McCormick Ranch to a fireside dinner in Paradise Valley.

Vecina McCormick in Scottsdale McCormick Ranch, Scottsdale

Latin-inspired modern American

Vecina McCormick

A neighborhood favorite has found a second hôme in McCormick Ranch. Vecina brings its chef-driven, Latin-inspired take on modern American cuisine to Scottsdale, with a seasonal menu built around sharing. From inventive small plates and mesquite-grilled dishes to handmade cocktails, it’s lively, approachable and made for gathering around the table.

8300 N. Hayden Road, Scottsdale

Pull up a chair
Bacanora on Grand Avenue in Phoenix Grand Avenue, Phoenix

Sonoran, wood-fired

Bacanora

Small, intimate and unmistakably Sonoran, Bacanora has become one of Phoenix’s most celebrated dining experiences. Chef René Andrade, winner of the 2024 James Beard Award for Best Chef: Southwest, builds his menu around the restaurant’s wood-fired grill, where nearly everything touches an open flame. Bold, soulful and distinctly Arizona, this is destination dining without the pretense.

1301 NW Grand Avenue, Phoenix

Experience the craft
LON’S at the Hermosa Inn in Paradise Valley Paradise Valley

Hacienda dining at the Hermosa Inn

LON’S at the Hermosa Inn

Few restaurants capture November in the desert quite like LON’S. Tucked inside the historic Hermosa Inn, its intimate hacienda setting, gardens, fireplaces and celebrated patio create the kind of place made for lingering over dinner as the evenings finally turn cool. Refined yet warmly Arizona, it’s a Paradise Valley classic that feels especially right this time of year.

5532 N. Palo Cristi Road, Paradise Valley

Pass the plate

Valley Happenings

Art along the water, a day in the park and the first glow of the holidays. A few ways to enjoy the Valley this month.

Light installations at Canal Convergence on the Scottsdale Waterfront
6–15November

Scottsdale Waterfront

Canal Convergence: Western Nature

One of Scottsdale’s signature fall events returns for ten nights of art, light and creativity along the waterfront. This year’s theme, Western Nature, celebrates the landscapes, cultures and stories of Arizona and the American West through large-scale interactive installations, live performances, workshops and nightly fire shows. Best of all, admission is free.

Explore the art
Crowds at the Arizona Fall Festival in Hance Park
7November

Margaret T. Hance Park, Phoenix

Arizona Fall Festival

A celebration of all things local, the Arizona Fall Festival brings together more than 200 Arizona businesses and organizations for a day in the park. Expect local food, music, shopping and plenty of reasons to discover something new from right here in our own backyard. Free, family-friendly and dog-friendly.

Shop local
Luminarias lining the trails at the Desert Botanical Garden
From 27November

Desert Botanical Garden, Phoenix

Las Noches de las Luminarias

A beloved Valley holiday tradition returns Thanksgiving weekend as thousands of luminarias illuminate the trails of the Desert Botanical Garden. With the desert as its backdrop, Luminarias offers one of those distinctly Arizona experiences that makes the beginning of the holiday season feel a little magical.

Walk the luminarias

Hômes Worth Knowing

Hand-selected Hômanity properties for November.

Covered terrace and dining area at 5000 N Camelback Ridge Drive, Unit 208

Camelback Mountain

5000 N Camelback Ridge Drive

Unit 208

$3,195,000

Sophisticated lock-and-leave living at the base of Camelback Mountain. Expansive glass, 10-foot ceilings and warm contemporary finishes frame city, desert, golf and mountain views, complemented by guard-gated privacy and effortless Phoenician access.

Make It Yours

More Hômanity properties

Pool courtyard and towers at The Landmark at Kierland, 15802 N 71st Street

Kierland, Scottsdale

15802 N 71st Street

Unit 653

$2,295,000

Located within The Landmark adjacent to The Westin Kierland Golf Club, this 3,804-square-foot luxury condo features three bedrooms and three and a half baths with spacious, resort-style living areas. Residents enjoy 24/7 guard-gated security, full concierge services and premium community amenities, all just a short walk from the dining and shopping at Kierland Commons and Scottsdale Quarter.

Make It Yours
Backyard pool and spa at 26771 N 92nd Drive, Peoria

North Peoria

26771 N 92nd Drive

$1,095,000

This 4,893-square-foot North Peoria home sits on a private 0.42-acre lot and features five bedrooms, three baths, versatile living areas and fully owned 20.8 kW solar. The resort-style backyard showcases a heated pool and spa, putting green and dual pergolas, complemented by a three-car garage with EV charging, an RV gate and space for a future casita.

Make It Yours
Front of 548 and 550 W San Juan Avenue, Phoenix

Central Phoenix

548 & 550 W San Juan Avenue

$699,000

Two private two-bedroom homes, separate fenced yards and no HOA. A rare option for multigenerational living, an owner-occupant seeking rental income or a flexible Central Phoenix investment.

Make It Yours
View all our listings

Humanity Starts at Hôme

Home is where life happens. Sometimes that means buying or selling. Sometimes it means making the place you have work better. Often, it simply means having someone you trust when a question arises.

That is what I want Hômanity to be for you: a trusted source for real estate, thoughtful guidance and genuine connection.

If we can help you or someone you care about, we are here.

With gratitude, Brad Kimmelman

Request your buyer guide Request your seller guide
Brad Kimmelman

Brad Kimmelman

Hômanity Team, Russ Lyon Sotheby's International Realty

Hômanity: Humanity Starts at Home

Wherever life takes you, you don't have to navigate your next move alone. Through our trusted relationships with exceptional real estate advisors in markets around the world, we can connect you with the right local expert and remain a trusted resource throughout your journey.

Explore our global connections