Arizona Luxury Homes $2M-$4M

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Arizona Luxury Homes
Arizona Luxury Homes $2M-$4M

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Home | $800~$2M | $2M~$4M | $4M~$6M | $6M+ | Condos~THs | Open House | Market Report | Office Listings | Sellers | ~ Select Cities ~ Cave Creek | Paradise Valley | Phoenix | Scottsdale | Neighborhoods

Welcome to Arizona Luxury Homes $2M-$4M where we hope you enjoy your time here. Your Search Results will appear below showing the “Newest Listings” first. We can also provide Live Video Previews for your favorite Luxury Homes! 🙂

Prices / SqFt
(in this price range of $2M~$4M)
The October 2021 selling price per square foot of $548 was up 3.2% from $531 last month and up 6.2% from $516 in October of last year. (more market report below photos)

We can currently see (296) Homes available today in this price range of $2M~$4M.

Arizona Luxury Homes $2M-$4M ~ Newest Listings

$2,100,000
MLS # 6327878
5 Beds
4 Baths
4,064 Sqft
Status: Active
Property Type: Single Family - Detached
$2,900,000
MLS # 6328085
3 Beds
4 Baths
3,157 Sqft
Status: Active
Property Type: Apartment Style/flat
$2,000,000
MLS # 6327806
4 Beds
4 Baths
3,500 Sqft
Status: Active
Property Type: Single Family - Detached
$2,450,000
MLS # 6325437
4 Beds
3 Baths
4,049 Sqft
Status: Active
Property Type: Single Family - Detached
$3,350,000
MLS # 6326917
3 Beds
4 Baths
3,157 Sqft
Status: Active
Property Type: Apartment Style/flat
$2,700,000
MLS # 6326935
3 Beds
5 Baths
5,368 Sqft
Status: Active
Property Type: Single Family - Detached
$3,290,000
MLS # 6326925
5 Beds
5 Baths
4,931 Sqft
Status: Active
Property Type: Single Family - Detached
$2,195,000
MLS # 6324903
7 Beds
8 Baths
7,581 Sqft
Status: Active
Property Type: Single Family - Detached
$3,250,000
MLS # 6327196
4 Beds
5 Baths
4,952 Sqft
Status: Active
Property Type: Single Family - Detached
$3,999,999
MLS # 6326306
4 Beds
5 Baths
5,916 Sqft
Status: Active
Property Type: Single Family - Detached
$2,495,000
MLS # 6326986
5 Beds
6 Baths
5,662 Sqft
Status: Active
Property Type: Single Family - Detached
$3,950,000
MLS # 6325884
5 Beds
6 Baths
5,800 Sqft
Status: Active
Property Type: Single Family - Detached
$2,325,000
MLS # 6324227
4 Beds
5 Baths
4,736 Sqft
Status: Active
Property Type: Single Family - Detached
$2,500,000
MLS # 6321630
4 Beds
5 Baths
5,174 Sqft
Status: Active
Property Type: Single Family - Detached
$2,200,000
MLS # 6326044
4 Beds
4 Baths
3,442 Sqft
Status: Active
Property Type: Single Family - Detached
$3,900,000
MLS # 6323037
3 Beds
4 Baths
3,735 Sqft
Status: Active
Property Type: Single Family - Detached
$2,250,000
MLS # 6325362
3 Beds
3 Baths
4,298 Sqft
Status: Active
Property Type: Single Family - Detached
$3,400,000
MLS # 6324967
5 Beds
5 Baths
4,302 Sqft
Status: Active
Property Type: Single Family - Detached

Arizona Luxury Homes $2M-$4M ~ Monthly Market Report

Sales
(in this price range of $2M~$4M)
Our October property sales were 93, up from 92 in October of 2020 and -2.1% lower than the 95 sales last month. October 2021 sales were at their highest level compared to October of 2020 and 2019. October YTD sales of 1,123 are running 113.1% ahead of last year’s year-to-date sales of 527.

Prices
(in this price range of $2M~$4M)
Our Median Sales Price for October was $2,565,000, up 1.4% from $2,530,000 in October of 2020 and up 2.6% from $2,500,000 last month. The average sales price in October was $2,695,747, up 1.1% from $2,666,623 in October of 2020 and up 3.0% from $2,616,740 last month. October 2021 ASP was at highest level compared to October of 2020 and 2019.

Inventory
The total inventory of properties available for sale as of October was 365, up 5.2% from 347 last month and down -27.4% from 503 in October of last year. October 2021 Inventory was at the lowest level compared to October of 2020 and 2019.

Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer’s market, a downward trend a move towards more of a seller’s market. The DOM for October was 59, down from 63 days last month and down from 106 days in October of last year. The October 2021 DOM was at its lowest level compared with October of 2020 and 2019.

Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the ‘mix’ of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The October 2021 selling price per square foot of $548 was up 3.2% from $531 last month and up 6.2% from $516 in October of last year.

Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer’s market exists, a ratio at or above 100% indicates more of a seller’s market. The October 2021 selling price vs list price of 96.7% was down from 96.9% last month and up from 93.3% in October of last year.

Contact Us
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955 ~ Our Office is located here, and you can also see us at Paradise Valley Homes 🙂

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