Arizona Luxury Homes $2M-$4M

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

Luxury Home Links…
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 February 2021 selling price per square foot of $500 was up 2.0% from $490 last month and down -2.9% from $515 in February of last year. (more market report below photos)

We can currently see (308) Homes available today in this price range of $2M~$4M.

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

$2,500,000
MLS # 6216340
5 Beds
4 Baths
5,318 Sqft
Status: Active
Property Type: Single Family - Detached
$3,482,500
MLS # 6216354
5 Beds
6 Baths
5,572 Sqft
Status: Active
Property Type: Single Family - Detached
$2,750,000
MLS # 6215306
3 Beds
4 Baths
3,249 Sqft
Status: Active
Property Type: Townhouse
$2,465,000
MLS # 6215311
3 Beds
4 Baths
2,801 Sqft
Status: Active
Property Type: Townhouse
$2,445,000
MLS # 6208238
5 Beds
6 Baths
5,376 Sqft
Status: Active
Property Type: Single Family - Detached
$2,249,000
MLS # 6214189
4 Beds
4 Baths
3,701 Sqft
Status: Active
Property Type: Single Family - Detached
$2,300,000
MLS # 6213615
5 Beds
5 Baths
4,087 Sqft
Status: Active
Property Type: Single Family - Detached
$3,244,900
MLS # 6213853
6 Beds
6 Baths
6,049 Sqft
Status: Active
Property Type: Single Family - Detached
$2,985,000
MLS # 6214432
4 Beds
5 Baths
5,150 Sqft
Status: Active
Property Type: Single Family - Detached
$2,100,000
MLS # 6214673
3 Beds
3 Baths
3,107 Sqft
Status: Active
Property Type: Single Family - Detached
$2,700,000
MLS # 6214743
4 Beds
6 Baths
4,065 Sqft
Status: Active
Property Type: Single Family - Detached
$2,100,000
MLS # 6214307
5 Beds
5 Baths
5,997 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6213433
4 Beds
5 Baths
4,406 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6213421
15 Beds
9 Baths
10,160 Sqft
Status: Active
Property Type: Single Family - Detached
$3,300,000
MLS # 6211608
4 Beds
4 Baths
4,767 Sqft
Status: Active
Property Type: Single Family - Detached
$3,750,000
MLS # 6213132
6 Beds
9 Baths
8,900 Sqft
Status: Active
Property Type: Single Family - Detached
$2,800,000
MLS # 6212045
4 Beds
5 Baths
4,548 Sqft
Status: Active
Property Type: Single Family - Detached
$2,155,000
MLS # 6212505
4 Beds
5 Baths
3,413 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 February property sales were 100, up from 47 in February of 2020 and 40.8% higher than the 71 sales last month. February 2021 sales were at their highest level compared to February of 2020 and 2019. February YTD sales of 171 are running 80.0% ahead of last year’s year-to-date sales of 95.

Prices
(in this price range of $2M~$4M)
Our Median Sales Price for February was $2,725,000, up 10.3% from $2,470,000 in February of 2020 and down -2.7% from $2,800,000 last month. The average sales price in February was $2,763,204, up 1.8% from $2,714,660 in February of 2020 and down -0.7% from $2,783,446 last month. February 2021 ASP was at highest level compared to February of 2020 and 2019.

Inventory
The total inventory of properties available for sale as of February was 426, up 6.0% from 402 last month and down -25.4% from 571 in February of last year. February 2021 Inventory was at the lowest level compared to February 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 February was 82, down from 151 days last month and down from 141 days in February of last year. The February 2021 DOM was at its lowest level compared with February 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 February 2021 selling price per square foot of $500 was up 2.0% from $490 last month and down -2.9% from $515 in February 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 February 2021 selling price vs list price of 96.0% was up from 93.4% last month and up from 92.3% in February 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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