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 August 2020 selling price per square foot of $620 was up 0.8% from $615 last month and up 27.8% from $485 in August of last year. (more market report below photos)

We can currently see (99) Homes available today in this price range of $4M-$6M.

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

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$4,595,000
MLS # 6136130
5 Beds
6 Baths
6,661 Sqft
Status: Active
Property Type: Single Family - Detached
$4,750,000
MLS # 6135945
5 Beds
7 Baths
7,948 Sqft
Status: Active
Property Type: Single Family - Detached
$4,925,000
MLS # 6135388
5 Beds
7 Baths
7,693 Sqft
Status: Active
Property Type: Single Family - Detached
$4,500,000
MLS # 6133741
4 Beds
5 Baths
6,387 Sqft
Status: Active
Property Type: Single Family - Detached
$5,995,000
MLS # 6133904
5 Beds
6 Baths
5,658 Sqft
Status: Active
Property Type: Single Family - Detached
$4,295,000
MLS # 6133757
5 Beds
4 Baths
3,764 Sqft
Status: Active
Property Type: Single Family - Detached
$4,350,000
MLS # 6125159
6 Beds
8 Baths
9,125 Sqft
Status: Active
Property Type: Single Family - Detached
$5,995,000
MLS # 6131994
5 Beds
6 Baths
5,990 Sqft
Status: Active
Property Type: Single Family - Detached
$5,195,000
MLS # 6131729
5 Beds
6 Baths
6,570 Sqft
Status: Active
Property Type: Single Family - Detached
$4,495,000
MLS # 6129534
3 Beds
5 Baths
11,400 Sqft
Status: Active
Property Type: Townhouse
$4,495,000
MLS # 6130090
6 Beds
7 Baths
6,709 Sqft
Status: Active
Property Type: Single Family - Detached
$4,750,000
MLS # 6128947
4 Beds
6 Baths
5,304 Sqft
Status: Active
Property Type: Single Family - Detached
$4,400,000
MLS # 6129160
4 Beds
6 Baths
7,054 Sqft
Status: Active
Property Type: Single Family - Detached
$4,195,000
MLS # 6128344
4 Beds
5 Baths
5,005 Sqft
Status: Active
Property Type: Single Family - Detached
$4,250,000
MLS # 6127600
5 Beds
6 Baths
5,963 Sqft
Status: Active
Property Type: Single Family - Detached
$5,900,000
MLS # 6127954
4 Beds
8 Baths
9,600 Sqft
Status: Active
Property Type: Single Family - Detached
$4,400,000
MLS # 6127986
3 Beds
4 Baths
4,520 Sqft
Status: Active
Property Type: Single Family - Detached
$4,500,000
MLS # 6126841
4 Beds
5 Baths
7,338 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 August property sales were 7, up from 3 in August of 2019 and -36.4% lower than the 11 sales last month. August 2020 sales were at their highest level compared to August of 2019 and 2018. August YTD sales of 53 are running 12.8% ahead of last year’s year-to-date sales of 47.

Prices
(in this price range of $4M-$6M)
Our Median Sales Price for August was $5,025,000, up 18.0% from $4,260,000 in August of 2019 and up 12.9% from $4,450,000 last month. The average sales price in August was $4,989,286, up 13.5% from $4,395,000 in August of 2019 and up 9.7% from $4,548,473 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018.

Inventory
The total inventory of properties available for sale as of August was 99, up 6.5% from 93 last month and up 23.8% from 80 in August of last year. August 2020 Inventory was at highest level compared to August of 2019 and 2018.

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 August was 106, up from 62 days last month and down from 198 days in August of last year. The August 2020 DOM was at a mid range compared with August of 2019 and 2018.

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 August 2020 selling price per square foot of $620 was up 0.8% from $615 last month and up 27.8% from $485 in August 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 August 2020 selling price vs list price of 91.5% was down from 93.3% last month and up from 85.3% in August 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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