The Desert Mountain Digest · September 2026
September, closer to the number.
Twenty-four homes have come to market on the mountain since the August issue, from $1.35M to $5.4M, and twelve closed in the same stretch. One of the new listings, 9368 E Covey Trail at $5,395,000, was under contract within a week.
$445M
Traded on the mountain · last 12 months
$726
Average sold price per square foot
Desert Mountain's reputation is its estates, but its everyday market sits lower: 84 of the 143 homes that closed in twelve months sold for under $3M.
The homes that sold took a median of 122 days. On the mountain, four months is what a correctly priced home takes — normal here, not a warning sign.
Source: ARMLS · Desert Mountain · homes closed, expired and cancelled, twelve months to Sept 28, 2026
Marta’s Picks
OPEN HOUSE
$6,900,000
42325 N 108th Street · Desert Mountain
4 bed · 5 bath · 7,682 sqft · 72 days on market · Active
MARTA'S TAKE
7,682 square feet at $6.9M. The $5M–$7M band is where the mountain moves fastest: thirteen homes closed there in twelve months, at an average of 97% of asking and a median of 54 days.
NEW
$3,995,000
41667 N 113th Place · Desert Mountain
4 bed · 5 bath · 5,293 sqft · 13 days on market · Active
MARTA'S TAKE
New on the 17th: 5,293 square feet on nearly an acre and a half at $3,995,000. That is about $755 a foot, within a few percent of the $726 the mountain's closed sales averaged.
NEW
$3,495,000
39530 N 106th Street · Desert Mountain
3 bed · 4 bath · 3,407 sqft · 27 days on market · Active
MARTA'S TAKE
Built in 2016, 3,407 square feet at $3,495,000. Vintage is the quiet price driver up here: homes built since 2015 closed at an average of $914 a foot over the last twelve months, against $638 for homes built before 2000.
NEW
$2,695,000
38400 N 94th Way · Desert Mountain
4 bed · 6 bath · 4,244 sqft · 12 days on market · Active
MARTA'S TAKE
New on the 18th: 4,244 square feet on an acre at $2,695,000. This is the part of Desert Mountain that trades most often — 43 homes closed between $2M and $3M in the last twelve months, more than in any other band.
Moving This Month
9368 E Covey Trail$5,395,000UNDER CONTRACT
11409 E SALERO Drive$3,799,000PENDING
41346 N 111TH Street$3,700,000UNDER CONTRACT
41961 N 111TH Place$3,400,000PENDING
37200 N CAVE CREEK Road 1142$3,301,900PENDING
37200 N CAVE CREEK Road 1059$3,200,000UNDER CONTRACT
Statuses update automatically, twice daily — this section maintains itself between issues.
$2.85M
Average asking price of the homes listed since August
That is below the $3.11M average of the homes that actually closed over the last twelve months. In August the standing inventory asked 47% more than the market had been paying. The new listings are arriving where the mountain already trades.
Listing data refreshed Sep 30, 2026 11:17 PM UTC. Listing data sourced through this site’s licensed IDX display;
per-listing courtesy noted above. All information should be verified by the recipient and
none is guaranteed as accurate by ARMLS. © 2026 Arizona Regional Multiple
Listing Service, Inc. All rights reserved. Marta Walsh · Russ Lyon Sotheby’s
International Realty · Equal Housing Opportunity.