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 October 2020 selling price per square foot of $607 was up 11.6% from $544 last month and up 10.0% from $552 in October of last year. (more market report below photos)

We can currently see (92) Homes available today in this price range of $4M-$6M.

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

$5,950,000
MLS # 6165063
5 Beds
11 Baths
12,264 Sqft
Status: Active
Property Type: Single Family - Detached
$5,295,000
MLS # 6163998
4 Beds
6 Baths
6,767 Sqft
Status: Active
Property Type: Single Family - Detached
$5,350,000
MLS # 6163601
4 Beds
6 Baths
5,031 Sqft
Status: Active
Property Type: Single Family - Detached
$4,495,000
MLS # 6160866
5 Beds
6 Baths
6,128 Sqft
Status: Active
Property Type: Single Family - Detached
$4,200,000
MLS # 6162589
6 Beds
11 Baths
10,269 Sqft
Status: Active
Property Type: Single Family - Detached
$4,899,000
MLS # 6161555
6 Beds
7 Baths
8,495 Sqft
Status: Active
Property Type: Single Family - Detached
$4,300,000
MLS # 6161111
4 Beds
7 Baths
7,353 Sqft
Status: Active
Property Type: Single Family - Detached
$5,250,000
MLS # 6160945
4 Beds
5 Baths
5,035 Sqft
Status: Active
Property Type: Single Family - Detached
$4,895,000
MLS # 6160299
5 Beds
8 Baths
8,803 Sqft
Status: Active
Property Type: Single Family - Detached
$5,495,000
MLS # 6159115
6 Beds
8 Baths
8,063 Sqft
Status: Active
Property Type: Single Family - Detached
$4,600,000
MLS # 6158557
5 Beds
8 Baths
9,092 Sqft
Status: Active
Property Type: Single Family - Detached
$5,900,000
MLS # 6143216
5 Beds
7 Baths
8,306 Sqft
Status: Active
Property Type: Single Family - Detached
$4,250,000
MLS # 6157586
6 Beds
7 Baths
6,451 Sqft
Status: Active
Property Type: Single Family - Detached
$5,500,000
MLS # 6142430
4 Beds
5 Baths
5,333 Sqft
Status: Active
Property Type: Single Family - Detached
$4,200,000
MLS # 6155141
5 Beds
7 Baths
6,318 Sqft
Status: Active
Property Type: Single Family - Detached
$4,500,000
MLS # 6153435
9 Beds
10 Baths
7,625 Sqft
Status: Active
Property Type: Single Family - Detached
$6,000,000
MLS # 6148884
5 Beds
6 Baths
6,600 Sqft
Status: Active
Property Type: Single Family - Detached
$4,995,000
MLS # 6152479
4 Beds
5 Baths
6,589 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 October property sales were 11, up from 4 in October of 2019 and 57.1% higher than the 7 sales last month. October 2020 sales were at their highest level compared to October of 2019 and 2018. October YTD sales of 71 are running 36.5% ahead of last year’s year-to-date sales of 52.

Prices
(in this price range of $4M-$6M)
Our Median Sales Price for October was $5,100,000, up 2.0% from $5,000,000 in October of 2019 and up 11.7% from $4,565,000 last month. The average sales price in October was $5,030,455, down -0.4% from $5,050,000 in October of 2019 and up 7.3% from $4,689,911 last month. October 2020 ASP was at a mid range compared to October of 2019 and 2018.

Inventory
The total inventory of properties available for sale as of October was 109, up 3.8% from 105 last month and up 1.9% from 107 in October of last year. October 2020 Inventory was at a mid range compared to October 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 October was 202, up from 121 days last month and up from 89 days in October of last year. The October 2020 DOM was at its highest level compared with October 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 October 2020 selling price per square foot of $607 was up 11.6% from $544 last month and up 10.0% from $552 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 2020 selling price vs list price of 88.6% was down from 92.3% last month and down from 91.8% 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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