Arizona Luxury Homes $6M+

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Arizona Luxury Homes
Arizona Luxury Homes $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 $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 $6M+)
The August 2020 selling price per square foot of $1,293 was up 43.0% from $904 last month and up 45.0% from $892 in August of last year. (more market report below photos)

We can currently see (49) Homes available today in this price range of $6M+.

Arizona Luxury Homes $6M+ ~ Newest Listings

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$7,999,900
MLS # 6135617
6 Beds
10 Baths
12,329 Sqft
Status: Active
Property Type: Single Family - Detached
$6,485,000
MLS # 6135076
6 Beds
10 Baths
7,992 Sqft
Status: Active
Property Type: Single Family - Detached
$7,950,000
MLS # 6132108
3 Beds
3 Baths
3,095 Sqft
Status: Active
Property Type: Single Family - Detached
$8,999,000
MLS # 6125923
9 Beds
11 Baths
16,035 Sqft
Status: Active
Property Type: Single Family - Detached
$6,750,000
MLS # 6128657
6 Beds
9 Baths
9,771 Sqft
Status: Active
Property Type: Single Family - Detached
$8,900,000
MLS # 6118715
6 Beds
7 Baths
11,697 Sqft
Status: Active
Property Type: Single Family - Detached
$15,600,000
MLS # 6111974
5 Beds
6 Baths
12,132 Sqft
Status: Active
Property Type: Single Family - Detached
$7,957,000
MLS # 6120612
5 Beds
8 Baths
15,473 Sqft
Status: Active
Property Type: Single Family - Detached
$19,500,000
MLS # 6106214
4 Beds
8 Baths
8,744 Sqft
Status: Active
Property Type: Single Family - Detached
$10,375,000
MLS # 6119536
6 Beds
8 Baths
10,599 Sqft
Status: Active
Property Type: Single Family - Detached
$6,562,025
MLS # 6118816
4 Beds
5 Baths
6,595 Sqft
Status: Active
Property Type: Single Family - Detached
$6,828,685
MLS # 6118546
4 Beds
5 Baths
6,863 Sqft
Status: Active
Property Type: Single Family - Detached
$8,250,000
MLS # 6114617
5 Beds
7 Baths
7,692 Sqft
Status: Active
Property Type: Single Family - Detached
$7,750,000
MLS # 6111672
4 Beds
5 Baths
6,965 Sqft
Status: Active
Property Type: Single Family - Detached
$10,999,999
MLS # 6098847
5 Beds
8 Baths
7,579 Sqft
Status: Active
Property Type: Single Family - Detached
$20,000,000
MLS # 6097421
9 Beds
14 Baths
18,000 Sqft
Status: Active
Property Type: Single Family - Detached
$6,657,545
MLS # 6097382
4 Beds
5 Baths
6,642 Sqft
Status: Active
Property Type: Single Family - Detached
$12,500,000
MLS # 6091601
7 Beds
14 Baths
15,000 Sqft
Status: Active
Property Type: Single Family - Detached

Arizona Luxury Homes $6M+ ~ Monthly Market Report

Sales
(Luxury price range of $6M+)
Our August property sales were 4, up from 1 in August of 2019 and 33.3% higher than the 3 sales last month. August 2020 sales were at their highest level compared to August of 2019 and 2018. August YTD sales of 17 are running -10.5% behind last year’s year-to-date sales of 19.

Prices
(Luxury price range of $6M+)
Our Median Sales Price for August was $7,750,000, up 12.3% from $6,900,000 in August of 2019 and up 16.0% from $6,683,000 last month. The average sales price in August was $8,231,250, up 19.3% from $6,900,000 in August of 2019 and up 16.8% from $7,044,333 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 53, up 3.9% from 51 last month and up 20.5% from 44 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 341, up from 77 days last month and equal to 0 days in August of last year. The August 2020 DOM was at its highest level 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 $1,293 was up 43.0% from $904 last month and up 45.0% from $892 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 86.1% was down from 103.4% last month and down from 100.0% 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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