ESTANCIA 2025 YTD RECAP
LETTER FROM JAY
2025 ON COURSE
I’m pleased to share a brief update on the Estancia real estate market and sales activity so far in 2025. I hope the year has been a rewarding one for you, filled with good health, great golf, and meaningful moments.
Year to date, I’ve had the privilege of launching my business with a thoughtfully curated, luxury-focused marketing strategy — delivering recordsetting results and timely, strategic sales. This sustained momentum has firmly positioned me among the top-producing real estate advisors in Arizona.
With over 150 transactions completed within Estancia over the past 15+ years, I’m proud to remain a trusted advisor for both buyers and sellers in this exceptional community. My commitment remains focused on giving each property the expert attention it deserves to attract the most discerning buyers.
When evaluating the current market conditions, it is clear that activity in Estancia remains strong. Inventory is limited compared to historical levels, property values continue to rise, and buyer demand remains high, especially for homes offering exclusive luxury and lifestyle. Golf membership availability continues to be a key factor influencing buyer decisions, and I encourage potential sellers to consider this when evaluating their timing and strategy.
Whether you're thinking of buying, selling, or just want to understand the latest market dynamics, I’m here as a resource to provide personalized guidance and insight. My goal is always to help you make confident, well-informed real estate decisions. Thank you for your continued trust. I look forward to a successful remainder of 2025 in Estancia and beyond.
Warm regards,
Jay Pennypacker
Jay Pennypacker Global Real Estate Advisor The Noble Agency
Beyond the Fairway: Estancia’s Exclusive Market in Focus
As we move through 2025, Estancia continues to distinguish itself as one of the most coveted private golf communities in North Scottsdale, an enduring symbol of refined desert living. With its exceptional privacy, exclusivity, and breathtaking natural setting, Estancia remains the pinnacle of luxury lifestyle for discerning homeowners.
So far in 2025, Estancia has maintained strong momentum in the ultra-luxury market, building on the strong performance of recent years. The market continues to reflect low inventory and rising prices, driven by sustained demand for upscale properties in the community with the #1 golf course in Arizona.
To date, 6 homes have closed in Estancia in 2025.
The average sales price is currently $4,866,667, marking a further increase from the 2024 average of $4,362,500.
Sales prices have ranged from $2,500,000 to $8,000,000, showing the broad appeal of homes across price points.
The average price per square foot has risen to $932, up from $740 in 2024, a 26% increase year over year.
As in past years, limited inventory and golf club membership availability remain defining factors influencing buyer demand and market conditions.
Two out of the six homes sold this year included access to a golf membership, underscoring the ongoing importance of club access as a key differentiator in the Estancia market. The correlation between golf membership availability and quicker, premium price sales remains strong.
Eighteen homes are currently on the market, including both Custom and LaScala residences.
Listing prices range from $2,500,000 to $7,650,000, with an average list price of $4,806,667.
Five of these homes currently offer access to a golf membership, continuing to shape buyer priorities in a competitive environment.
Estancia is now nearly fully built out, and as a result, lot availability remains exceptionally scarce. Two lots have sold, closing at $2,200,000 and $2,700,000 respectively. Currently, there are 4 lots available, listed between $800,000 to $2,950,000.
With so few buildable parcels remaining, lot values continue to rise, driven by both scarcity and the increasing challenge of finding comparable locations within North Scottsdale.
The Estancia lifestyle continues to attract buyers who value privacy, exclusivity, and luxury. With limited inventory, sustained demand, and rising values, the market outlook for the remainder of 2025 appears strong. Whether buying, selling, or simply staying informed, this recap is a great resource for understanding the market.
Estancia's enduring appeal and performance solidify its position as one of the most desirable luxury communities in Scottsdale, and one of the most resilient markets in the Southwest.
E S T A N C I A S N A P S H O T
JAY PENNYPACKER
