Arizona Luxury Homes $4M-$6M

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Arizona Luxury Homes
Arizona Luxury Homes $4M-$6M

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 $4M-$6M 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
(Luxury price range of $4M-$6M)
The January 2021 selling price per square foot of $643 was up 3.5% from $621 last month and up 3.2% from $623 in January of last year. (more market report below photos)

We can currently see (87) Homes available today in this price range of $4M-$6M.

Arizona Luxury Homes $4M-$6M ~ Newest Listings

$4,150,000
MLS # 6190177
5 Beds
7 Baths
7,215 Sqft
Status: Active
Property Type: Single Family - Detached
$5,500,000
MLS # 6191684
6 Beds
8 Baths
7,990 Sqft
Status: Active
Property Type: Single Family - Detached
$4,500,000
MLS # 6201510
4 Beds
5 Baths
6,509 Sqft
Status: Active
Property Type: Single Family - Detached
$4,490,000
MLS # 6198188
4 Beds
5 Baths
5,725 Sqft
Status: Active
Property Type: Single Family - Detached
$4,395,000
MLS # 6199868
4 Beds
6 Baths
6,823 Sqft
Status: Active
Property Type: Single Family - Detached
$4,999,000
MLS # 6198442
5 Beds
8 Baths
9,800 Sqft
Status: Active
Property Type: Single Family - Detached
$5,500,000
MLS # 6185864
3 Beds
4 Baths
3,386 Sqft
Status: Active
Property Type: Single Family - Detached
$4,200,000
MLS # 6187727
5 Beds
6 Baths
8,681 Sqft
Status: Active
Property Type: Single Family - Detached
$5,500,000
MLS # 6198961
4 Beds
6 Baths
7,271 Sqft
Status: Active
Property Type: Single Family - Detached
$4,300,000
MLS # 6192488
5 Beds
8 Baths
9,092 Sqft
Status: Active
Property Type: Single Family - Detached
$4,795,000
MLS # 6195923
5 Beds
9 Baths
7,472 Sqft
Status: Active
Property Type: Single Family - Detached
$5,500,000
MLS # 6191686
5 Beds
6 Baths
6,700 Sqft
Status: Active
Property Type: Single Family - Detached
$4,650,000
MLS # 6194421
5 Beds
6 Baths
6,200 Sqft
Status: Active
Property Type: Single Family - Detached
$5,250,000
MLS # 6194416
5 Beds
6 Baths
6,000 Sqft
Status: Active
Property Type: Single Family - Detached
$4,950,000
MLS # 6194156
5 Beds
6 Baths
6,072 Sqft
Status: Active
Property Type: Single Family - Detached
$4,595,000
MLS # 6188057
5 Beds
6 Baths
7,974 Sqft
Status: Active
Property Type: Single Family - Detached
$4,650,000
MLS # 6191493
3 Beds
3 Baths
3,400 Sqft
Status: Active
Property Type: Single Family - Detached
$4,250,000
MLS # 6188070
6 Beds
8 Baths
6,630 Sqft
Status: Active
Property Type: Single Family - Detached

Arizona Luxury Homes $4M-$6M ~ Monthly Market Report

Sales
(in this price range of $4M-$6M)
Our January property sales were 19, up from 7 in January of 2020 and 137.5% higher than the 8 sales last month. January 2021 sales were at their highest level compared to January of 2020 and 2019. January YTD sales of 19 are running 171.4% ahead of last year’s year-to-date sales of 7.

Prices
(in this price range of $4M-$6M)
Our Median Sales Price for January was $4,700,000, up 0.8% from $4,665,000 in January of 2020 and up 1.5% from $4,631,000 last month. The average sales price in January was $4,661,053, up 0.6% from $4,631,571 in January of 2020 and up 2.3% from $4,557,750 last month. January 2021 ASP was at a mid range compared to January of 2020 and 2019.

Inventory
The total inventory of properties available for sale as of January was 101, up 23.2% from 82 last month and down -8.2% from 110 in January of last year. January 2021 Inventory was at the lowest level compared to January 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 January was 144, up from 95 days last month and up from 77 days in January of last year. The January 2021 DOM was at a mid range compared with January 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 January 2021 selling price per square foot of $643 was up 3.5% from $621 last month and up 3.2% from $623 in January 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 January 2021 selling price vs list price of 92.6% was down from 93.9% last month and down from 95.9% in January 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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