Fountain Hills homes over $1.5 million: prices, supply, and where they sell

Nov 13

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Fountain Hills sold 87 homes at $1.5 million or more in 2025, up from 11 in 2016, and 2026 had already reached 86 by November 6. The town median has barely moved in three years, but the top of the market has grown into its own segment, with its own supply, timing, and pricing rules. Here is what the numbers on our Fountain Hills luxury homes for sale page show, and how to use them.

The short answer In the 12 months to November 6, 2026, 110 Fountain Hills homes at $1.5 million and up sold at a median price of $1,897,500, or $526 per square foot, after a median of 60.5 days on market. There were 72 listed at a median list price of $2,499,000, about 7.9 months of supply, which leans toward buyers. Only 54% of luxury listings that left the market closed, compared with 66% town wide.

What the data says

Luxury sales, past 12 months: 110 at $1.5 million and up, median $1,897,500, $526 per square foot (ARMLS via Flexmls, Nov 6, 2025 to Nov 6, 2026)
For sale today: 72 listings, median list price $2,499,000, 22 with a price change (ARMLS via Flexmls, Nov 6, 2026)
Supply: about 7.9 months for $1.5 million and up, versus about 5.2 months for all of Fountain Hills (ARMLS via Flexmls, Nov 6 and Nov 12, 2026)
Pricing: median 97.12% of final list price and 95.49% of original list price (ARMLS via Flexmls, 12 months to Nov 6, 2026)
Listing success rate: 54% (110 closed, 92 cancelled or expired), versus 66% town wide (ARMLS via Flexmls, 12 months to Nov 6 and Nov 12, 2026)
Top of the top: 14 of the 110 luxury sales, or 13%, closed at $3 million or more (ARMLS via Flexmls, 12 months to Nov 6, 2026)
Ten year trend: yearly luxury median $1,700,000 in 2016 and $2,000,000 in 2025, peak $2,275,131 in 2023, $1,950,000 in 2026 through Nov 6 (ARMLS via Flexmls, calendar years)

A segment that grew up in five years

The yearly count of $1.5 million and up sales tells the story. It was 11 in 2016, 9 in 2017, 20 in 2018, and 16 in 2019. Then it jumped to 45 in 2020 and 76 in 2021, and it has stayed between 55 and 87 a year since. In 2025 the count was about eight times the 2016 level, by our calculation.

Prices rose too, but less than the count. The yearly median went from $1,700,000 in 2016 to $2,000,000 in 2025, up 18%, after peaking at $2,275,131 in 2023. That pattern suggests much of the change came from more homes trading at this level, not just the same homes getting more expensive.

For context, all of Fountain Hills homes for sale had a 12 month median of $722,500 on 673 sales as of November 12, 2026, and 197 of those sales, or 29%, closed at $1 million or more. The homes for sale in 85268 page shows nearly identical figures, since 85268 is the ZIP code for homes in town. See where the town and its communities sit on our Northeast Valley map, using the Fountain Hills zoom button.

Where luxury homes sell, community by community

Of the 110 luxury sales, 41 were in four communities with their own pages, and 69 were spread across the rest of town. Each community is a different market, so it helps to see them side by side. The figures below cover all price points in each community, with each page's own as of date.

FireRock homes for sale: 22 of the 110 luxury sales, the most of any community. All price points: 32 sales, median $1,967,500, $544 per square foot, 83 median days on market, about 7.9 months of supply (Nov 2, 2026).
Eagles Nest homes for sale: 6 luxury sales. 6 sales in total at a median of $3,450,000 and $797 per square foot, 162 median days on market, and 12 listings at a median list price of $4,147,500, about 24 months of supply (Nov 6, 2026).
SunRidge Canyon homes for sale: 7 luxury sales. All price points: 40 sales, median $911,250, 46.5 median days, about 3.9 months of supply, and a median list price of $1,550,000 on 13 listings (Nov 6, 2026).
Eagle Mountain homes for sale: 6 luxury sales. All price points: 28 sales, median $817,500, 69.5 median days, about 4.3 months of supply (Nov 10, 2026).
Adero Canyon homes for sale: a gated community of about 188 homes built from 2018 to 2025 on Eagle Ridge Drive, per Maricopa County Assessor records. 23 sales at a median of $1,825,000 and $648 per square foot, sale prices from $970,000 to $3,100,000, about 3.7 months of supply (Nov 2, 2026).

Golf is part of the picture but not all of it. Fountain Hills golf course homes for sale had 58 sales at a median of $1,290,000 and about 3.5 months of supply as of November 6, 2026, a much tighter market than the luxury segment overall.

What it means

The luxury segment has more choice and more negotiating room than the rest of town. At about 7.9 months of supply, buyers can compare several homes and take their time. Sellers face a market where 22 of 72 listings, about 31% by our calculation, had already changed price, and the typical sale closed about 5% below its original list price.

The gap between the median list price of $2,499,000 and the median sale price of $1,897,500 is about 32%, by our calculation. That does not mean homes sell 32% below asking. Active listings skew toward the highest priced homes, which also take longest to sell, so they pile up in inventory while lower priced luxury homes turn over faster.

The 54% success rate is the number sellers should study most. Nearly half of the luxury listings that left the market in the past year were cancelled or expired instead of closing. Pricing and presentation matter more here than anywhere else in town.

Practical advice

If you are buying

Compare a home with sales in the same community and setting, not the town wide luxury median. A FireRock golf home and a custom home in Eagles Nest trade on different numbers.
Check days on market and price history on every home you like. In a segment with nearly 8 months of supply, a home that has sat for months may have room to negotiate.
If golf matters, confirm club access and membership with the club directly. Owning a home in a golf community does not include it.
Confirm jurisdiction, HOA rules, and any hillside or lighting rules for the specific lot before you write an offer.

If you are selling

Price against recent sales in your own community and setting. With 69 of 110 luxury sales outside the four largest communities, the right comparable sales may be few and need care.
Plan for time. The median luxury sale took 60.5 days, and some communities run far longer.
Lead with what is different about the home and lot: views, lot size, privacy, and recent updates.

Avoid this mistake: pricing off the median list price. The $2,499,000 median list reflects what is sitting unsold, not what buyers paid. The closed sales median of $1,897,500 and the sales in your own community are the better guide.

The honest caveats

The luxury segment is small. With about 9 sales a month, one or two large sales can move the median noticeably.
Some communities have very few sales. Eagles Nest had 6 in a year, so its median and days on market can swing widely.
Each page has its own as of date, from November 2 to November 12, 2026, so the figures are not a single snapshot.
The $1.5 million line is our working definition. A home at $1.45 million in the same community is not a different kind of home.
Medians reflect the mix of homes that sold, not the value change for any one home. Ask for a comparable sales review for a specific property.

Frequently asked questions

What counts as a luxury home in Fountain Hills?

On our Fountain Hills luxury page, a luxury home is any home in the MLS city of Fountain Hills that sold for, or is listed at, $1.5 million or more. That is a working definition for tracking the top of the market, not an official one. Other reports may use $1 million or a top percentage of sales instead, so check the definition before comparing numbers.

How much do Fountain Hills homes over $1.5 million cost?

In the 12 months from November 6, 2025 to November 6, 2026, 110 Fountain Hills homes at $1.5 million and up sold at a median price of $1,897,500, or $526 per square foot. Sale prices ranged from $1,500,000 to $4,900,000. Homes listed on November 6, 2026 had a median list price of $2,499,000.

How many Fountain Hills homes over $1.5 million are for sale right now?

There were 72 Fountain Hills homes listed at $1.5 million and up on November 6, 2026, according to ARMLS data on our luxury page. List prices ran from $1,530,606 to $14,995,000. Inventory changes daily, so check a live search before you plan tours.

Is the Fountain Hills luxury market a buyer's market?

The $1.5 million and up segment had about 7.9 months of supply as of November 6, 2026, which leans toward buyers. The town as a whole had about 5.2 months as of November 12, 2026, which is close to balanced. Supply varies a lot by community, from about 3.5 months for golf course homes to about 24 months in Eagles Nest.

How long do Fountain Hills luxury homes take to sell?

The median luxury sale in the 12 months to November 6, 2026 took 60.5 days on market. That is only a little longer than the town median of 55 days. The spread is wide, though: Eagles Nest sales took a median of 162 days, while SunRidge Canyon sales took 46.5 days across all price points.

Where do most Fountain Hills homes over $1.5 million sell?

Of the 110 luxury sales in the 12 months to November 6, 2026, 22 were in FireRock, 7 in SunRidge Canyon, 6 in Eagles Nest, and 6 in Eagle Mountain. The other 69 were spread across the rest of town. That spread is why a town wide luxury median is only a starting point for pricing a specific home.

Do sellers pay buyer concessions on Fountain Hills luxury homes?

Some do. 17% of luxury sales in the 12 months to November 6, 2026 had a seller concession, with a median of $11,900 among the sales that had one. Concessions are seller paid buyer costs such as closing costs or a rate buydown, as reported on the closed MLS record.

What share of Fountain Hills luxury listings actually sell?

The listing success rate for the $1.5 million and up segment was 54% over the 12 months to November 6, 2026: 110 listings closed and 92 were cancelled or expired. Town wide, the rate was 66% over the 12 months to November 12, 2026. A listing that was cancelled and relisted counts as cancelled.

Have Fountain Hills luxury home prices gone up over 10 years?

The yearly median for homes that sold at $1.5 million or more went from $1,700,000 in 2016 to $2,000,000 in 2025, up 18%. The peak was $2,275,131 in 2023, and the 2026 median through November 6 is $1,950,000. A median moves with the mix of homes that sold, so it is not the same as the change in value for one home.

Which ZIP code covers Fountain Hills luxury homes?

Homes with a Fountain Hills mailing address use ZIP code 85268, and 85269 is used for post office boxes. A mailing address does not always match town limits. Confirm the jurisdiction, HOA, and assigned schools for any specific property.

The bottom line

Fountain Hills now has a real luxury market: about 110 sales a year at $1.5 million and up, with a median near $1.9 million. It is a buyer leaning segment, with about 7.9 months of supply and a 54% listing success rate, and it behaves very differently from one community to the next. Buyers have room to compare and negotiate. Sellers do best when they price against their own community and plan for a longer timeline.

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Browse homes: Fountain Hills luxury homes for sale · FireRock homes for sale · Eagles Nest homes for sale · Fountain Hills 85268 homes for sale

Your advisors

Kyle Hermann
Associate Broker | Realtor®
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle

Cheryl Solano
CRS® | Realtor®
480.518.0181
cheryl@azluxurypartners.com
License SA541911000
Meet Cheryl

Art Buck
Associate Broker | Realtor® | CCIM
480.510.7689
art@azluxurypartners.com
License BR014102000
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Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties

Sources

Arizona Luxury Partners, Fountain Hills luxury homes for sale page: ARMLS via Flexmls closed sales Nov 6, 2025 to Nov 6, 2026, active listings Nov 6, 2026, yearly medians and counts 2016 to 2026, community sales counts. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, Fountain Hills homes for sale page: ARMLS via Flexmls, 12 months to Nov 12, 2026. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, Fountain Hills 85268 homes for sale page: ARMLS via Flexmls, 12 months to Nov 11, 2026. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, FireRock homes for sale page: ARMLS via Flexmls, as of Nov 2, 2026. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, Eagles Nest homes for sale page: ARMLS via Flexmls, as of Nov 6, 2026. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, SunRidge Canyon homes for sale page: ARMLS via Flexmls, as of Nov 6, 2026. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, Eagle Mountain homes for sale page: ARMLS via Flexmls, as of Nov 10, 2026. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, Adero Canyon homes for sale page: ARMLS via Flexmls as of Nov 2, 2026, and Maricopa County Assessor records. Accessed Nov 13, 2026. Link
Arizona Luxury Partners, Fountain Hills golf course homes for sale page: ARMLS via Flexmls, as of Nov 6, 2026. Accessed Nov 13, 2026. Link
Calculated by Arizona Luxury Partners: 2025 vs. 2016 luxury sales count (87 / 11, about 8 times); listings with a price change (22 / 72, about 31%); median list vs. median sale price ($2,499,000 / $1,897,500, about 32% higher).

All information provided is deemed reliable but is not guaranteed and should be independently verified. This article is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Brokerage License LC629808000. Equal Housing Opportunity.

Kyle Hermann