Phoenix Biltmore Real Estate Market Snapshot
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Phoenix Biltmore Real Estate Market Overview
Phoenix Biltmore Real Estate Market Report
Biltmore All Property Types Market Highlights
As of Nov 11, 2025, the residential real estate market in Biltmore is showing nuanced trends that impact both buyers and sellers.
- The number of active listings has seen an increase, indicating a more plentiful inventory.
- Days on market (DOM) for current listings has slightly risen, suggesting homes may require more time to sell.
- Average sold prices have recently declined, reflecting potential adjustments in buyer readiness and market conditions.
- Overall, these shifts indicate an evolving market landscape that both parties should navigate judiciously.
An In-Depth Look at the Biltmore All Property Types Market
The residential real estate market in Biltmore is characterized by several pivotal changes that denote evolving dynamics for both buyers and sellers alike. Currently, the number of active listings stands at 127, which reflects a marked increase from just 86 listings three months ago. This uptick suggests a growing supply of homes on the market, creating more options for buyers and potentially increasing competition among sellers.
Interestingly, the average Days on Market (DOM) has risen to 92 days from 94 days reported three months prior. While this change appears marginal, it indicates a general trend towards longer listing durations, hinting that homes may not be selling as quickly as in previous periods. It's noteworthy that this increase in DOM coincides with a somewhat softened pricing environment: average sold prices currently sit at $1,031,667, which is a decrease compared to the average of $1,092,834 three months ago. This trend warrants attention for sellers who may need to adjust their pricing strategies to ensure competitivity.
Moreover, the months of inventory has settled at 5.3 months, categorizing the current market as somewhat balanced, where the amount of supply is neither excessively overwhelming nor scarcity driven. Compared to 6 months ago, when the months of inventory was not provided, this suggests that while the market is stable, it is leaning slightly towards a buyer-friendly situation due to the influx of new listings.
In summary, the changes we've seen in the Biltmore region demonstrate a complex interplay of supply and demand. Buyers are experiencing an expanded selection and are being cautious as reflected in the lower sold prices, while sellers may need to prepare for longer wait times and potential price adjustments in this evolving landscape. Keeping these market shifts in mind will be crucial for both buyers aiming to negotiate favorable deals and sellers aiming to position their properties effectively.
Info About Biltmore
Phoenix Biltmore Luxury Homes for Sale
Where Exactly is the Biltmore Area?
The Biltmore Area is in Central Phoenix with the heart of it at 24th St and Camelback Rd.
I roughly define the boundaries as:
North: Piestewa Peak Mountain
South: Indian School Rd
East: Western Most Edge of Camelback Mountain
West: I-51
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History
For over eighty years Phoenix’s Biltmore Area has defined luxury and exclusivity. As the name implies, the area was originally the home of the Arizona Biltmore – one of America’s few remaining Frank Lloyd Wright-influenced luxury resorts. Originally opened in 1929, the Phoenix Biltmore quickly attracted glitterati from around the world. Its expansive grounds, breathtaking architecture, and commitment to settling for nothing less than the best earned it the appellation of “The Jewel of the Desert”.
As with many Phoenix neighborhoods that boast a resort at their heart, the neighborhood grew around the resort as former guests decided to build permanent homes near where they enjoyed such great vacations – the famous Wrigley Mansion being one of the first and most recognizable.
Today, Phoenix’s Biltmore Area is home to some of the city’s most desirable real estate as well as some of the best restaurants and shops. The center of the neighborhood is still the Biltmore Resort and Spa and the Wrigley Mansion, but the neighborhood has grown to include the Mountain Preserve City Park, the Biltmore Fashion Park, the Camelback Esplanade, and Arizona’s Biltmore Financial Area.
Phoenix Biltmore Condos for Sale
To walk the streets of Biltmore is to step into another place far from the desert. Even though the Biltmore is in the very heart of Phoenix, and a convenient drive to all the iconic Phoenix landmarks, it does not feel like it. Perhaps that is due to the Arizona Biltmore Golf Course that dominates the center of the area with its meticulously manicured greens and mature citrus trees.
Or…
It could be the Biltmore Fashion Park?
The Biltmore Fashion Park is a large outdoor boutique shopping center that feels more like a well-maintained park that has as series of boutique shops and upscale restaurants at convenient points along the perimeter. The Biltmore Fashion Park is anchored by a Macy’s and Saks Fifth Avenue and boasts over 70 boutique shops and several fine restaurants.
Or…
It could be the character of this unique neighborhood.
The Biltmore Area is more than just a resort, golf course, and a mall. It is an upscale neighborhood full of unique properties. Roughly, the Phoenix Biltmore Area is bounded on the north by the Piestewa Peak Mountain, to the south by Indian School Road, to the east by the Camelback Mountain, and to the west by I-51.
Real Estate
Several upscale developments along the Camelback Corridor offer large lots and true luxury homes that boast amenities that will satisfy even the most discerning buyer. These properties are far from the cookie-cutter McMansions you find in many modern developments. Each property is unique and possesses a character and feel all it’s own.
Phoenix Biltmore Homes for Sale
In addition to traditional single-family homes, the Phoenix Biltmore Area is full of luxury condos and townhome developments. The massive high-rise condo developments such as the Biltmore Optima and Biltmore Square with rooftop terraces, private parking garages, concierge service, and expansive floor plans seem like they would be more at home in Manhattan, but they are right here in downtown Phoenix. Maybe that is why so many New Yorkers buy second homes in Biltmore. In addition to high-rises, there are lower profile multi-unit developments in the area such as Biltmore Terrace, the Cloister, and the Fairway Lodge – many of which take advantage of the nearby golf course and nearby Piestewa Park and Camelback Mountains.
The Phoenix Biltmore Area is a truly unique and exclusive area right in the heart of Phoenix.
With high-end shopping/dining and neighboring communities like the very popular and upscale Arcadia, Paradise Valley, and Scottsdale, you can’t go wrong with buying in the Biltmore area!
Brian Adamski, Realtor
Full-Time Realtor | Real Estate, Done Right
480-405-1265
