By Will Carter, Arizona REALTOR®
The Arcadia neighborhood in Phoenix remains one of the most sought-after and competitive real estate markets in the Valley. As a local REALTOR® with years of experience, I’ve seen firsthand why this area continues to attract buyers looking for luxury, history, and an unbeatable location.
A Booming Housing Market
Arcadia’s real estate market remains strong, with home values continuing to rise. In December 2024, the median sale price reached $1.65 million, a 13.9% increase from the previous year. The median price per square foot climbed to $560, marking an 18.1% year-over-year gain. Homes here are selling quickly, with the average time on the market dropping to just 64 days. Sales volume has also surged, rising by over 40% compared to the previous year.
Luxury, Legacy, and Location
Arcadia is synonymous with prestige. The neighborhood’s prime location near luxury resorts like the Royal Palms Hotel, coupled with breathtaking views of Camelback Mountain, keeps demand high. Many homes in Arcadia were built between the 1920s and 1950s, showcasing timeless craftsmanship that is rarely found in modern construction. While some estate properties now exceed $6 million, buyers are still moving fast to secure these exclusive residences.
A Community for Families
Beyond its luxury appeal, Arcadia is a true family-friendly neighborhood. With some of the best schools in the state, access to biking and walking trails along the canal, and close proximity to top-tier shopping and dining at Biltmore Fashion Park and Scottsdale Fashion Square, it’s no surprise that demand here remains high.
If you’re considering buying or selling in Arcadia, now is the time to act. Let’s connect and explore how I can help you navigate this exciting market.
For expert real estate guidance, contact Will Carter at (602) 809-1224 or visit WillCarterAZ.com.
