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Is Now the Right Time to Sell Your Luxury Home?

Written by Kip Wilkins, REALTOR | Jul 28, 2026, 11:30:12 PM

Is Now the Right Time to Sell Your Luxury Home?

If you own a higher-priced home in Ahwatukee, Chandler, Gilbert, Phoenix, or another East Valley community, you may be in a stronger selling position than the broader housing headlines suggest.

While some parts of the real estate market have cooled, luxury properties continue to attract qualified buyers. Recent national housing data shows that sale prices and buyer activity in the high-end market have remained stronger than many other price ranges.

If you have been considering selling, this may be a good time to learn what your home could be worth and how it may be positioned in today’s market.

What Is Considered a Luxury Home?

A luxury home is not defined by one specific price everywhere. It generally refers to properties within the top 5% of home values in a particular market.

That means the price point considered luxury in Ahwatukee may be different from the luxury price point in Chandler, Gilbert, Scottsdale, or another Arizona community.

Location, lot size, views, architecture, upgrades, privacy, and neighborhood amenities can all influence how a higher-end property is valued and marketed.

Luxury Home Prices Continue To Show Strength

Recent market data indicates that luxury home sale prices have been increasing faster than prices in the broader housing market.

That matters because it suggests buyers are still willing to pay for homes that offer exceptional design, desirable locations, upgraded features, mountain or golf course views, privacy, and a distinctive lifestyle.

For homeowners who have built substantial equity, today’s market may provide an opportunity to use that equity toward downsizing, relocating, purchasing another property, or beginning a new chapter.

Qualified Luxury Buyers Are Still Active

Higher-end buyers are often less affected by the affordability pressures that influence other parts of the housing market.

Some luxury buyers have significant equity from a previous home, strong financial resources, or the ability to make a larger down payment. Others may be relocating to Arizona for work, retirement, lifestyle, or investment purposes.

This does not mean every luxury home will sell immediately. It does mean that well-positioned properties can continue to attract serious buyers when the pricing, presentation, and marketing strategy are aligned.

Presentation Matters in the Luxury Market

Luxury buyers expect more than a basic property listing. They want to understand what makes the home, neighborhood, and lifestyle distinctive.

A strong luxury marketing strategy may include:

  • Professional photography that presents the home at its best
  • Video tours that help buyers experience the layout and setting
  • Accurate pricing based on comparable local sales
  • Detailed descriptions of upgrades and unique features
  • Online exposure designed to reach qualified local and relocating buyers
  • A showing strategy that protects the homeowner’s time and privacy
  •  AI Audits are completed to help ensure maximum Matchability™ within the MLS. 

The goal is not simply to place the home online. The goal is to present it in a way that helps the right buyer understand its value.

Local Knowledge Can Make a Meaningful Difference

Every higher-end neighborhood has its own story. A custom home near South Mountain may appeal to a different buyer than a golf course property, a gated residence, or an executive home with space for multigenerational living.

As a local REALTOR®, I believe it is important to understand the home as well as the lifestyle surrounding it.

Buyers searching in Ahwatukee, Chandler, Gilbert, Phoenix, and the East Valley may be looking for mountain views, larger lots, privacy, outdoor entertaining areas, updated interiors, resort-style pools, home offices, golf access, or convenient proximity to dining, recreation, and major employment areas.

Highlighting the right features can help your property stand apart from competing homes.

How Do You Know Whether It Is the Right Time To Sell?

The right time to sell depends on more than national headlines. Your decision should be based on your goals, your property, your neighborhood, current competition, recent sales, and what you plan to do next.

You may be considering selling because you want to:

  • Downsize into a home that requires less maintenance
  • Move closer to family
  • Relocate to another community or state
  • Purchase a different style of home
  • Use your equity for retirement or another investment
  • Take advantage of current luxury buyer demand

A thoughtful review of your options can help you decide whether selling now supports your larger plan.

Frequently Asked Questions About Selling a Luxury Home

Should I complete renovations before listing my luxury home?

Not every improvement will produce an equal return. Before beginning a major renovation, it is helpful to identify which updates buyers in your specific neighborhood are most likely to value.

How is a luxury home priced?

Luxury pricing considers recent comparable sales, current competition, location, lot characteristics, condition, upgrades, views, architectural features, and buyer demand within the local price range.

Do luxury homes take longer to sell?

Some higher-priced homes require more time because the buyer pool is smaller. However, an accurately priced and professionally presented property may attract qualified buyers more quickly than a home that enters the market without a clear strategy.

Can I learn my home’s value without committing to sell?

Yes. A private conversation and property review can help you understand the current market without requiring you to make an immediate decision.

Let’s Talk About Your Selling Strategy

Selling a luxury home is a major financial and personal decision. You deserve accurate information, thoughtful guidance, and a marketing plan designed around your property rather than a one-size-fits-all approach.

If you are considering selling a higher-priced home in Ahwatukee, Chandler, Gilbert, Phoenix, or another East Valley community, I would be glad to help you understand your options.

Visit KipSellsAZ.com to learn more and begin a conversation.

About Kip Wilkins

I believe real estate is about relationships, trust, and helping people make confident decisions. Whether you are selling a luxury property, moving up, downsizing, purchasing your first home, or exploring your options, my goal is to provide clear information and advocate for you throughout the process.

Kip Wilkins
REALTOR® | Equities Real Estate, LLC
Phone: 208-915-9606
Email: KipWilkinsREALTOR@gmail.com
Website: www.KipSellsAZ.com

Serving Ahwatukee, Chandler, Gilbert, Phoenix, and communities throughout Arizona’s East Valley.

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Kip Wilkins is a licensed REALTOR® with Equities Real Estate, LLC. REALTOR® is a registered trademark of the National Association of REALTORS®. Equal Housing Opportunity. MLS Participant. Market conditions vary by property, neighborhood, and price range. Information is deemed reliable but not guaranteed and should be independently verified.