Arizona Luxury Homes $800-$2M

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Arizona Luxury Homes
Arizona Luxury Homes $800-$2M

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 $800-$2M 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 $800~$2M)
The February 2021 selling price per square foot of $341 was up 6.9% from $319 last month and up 9.6% from $311 in February of last year. (more market report below photos)

We can currently see (686) Homes available today in this Luxury price range of $800~$2M. (inventory is still falling)

Arizona Luxury Homes $800-$2M ~ Newest Listings

$1,125,000
MLS # 6207613
5 Beds
5 Baths
4,741 Sqft
Status: Active
Property Type: Single Family - Detached
$1,150,000
MLS # 6213097
4 Beds
3 Baths
2,638 Sqft
Status: Active
Property Type: Single Family - Detached
$1,325,000
MLS # 6219202
4 Beds
4 Baths
3,375 Sqft
Status: Active
Property Type: Single Family - Detached
$825,000
MLS # 6219863
3 Beds
3 Baths
2,627 Sqft
Status: Active
Property Type: Apartment Style/flat
$1,545,000
MLS # 6220695
3 Beds
3 Baths
3,467 Sqft
Status: Active
Property Type: Single Family - Detached
$1,350,000
MLS # 6220727
5 Beds
5 Baths
3,606 Sqft
Status: Active
Property Type: Single Family - Detached
$1,199,000
MLS # 6220744
2 Beds
3 Baths
2,376 Sqft
Status: Active
Property Type: Apartment Style/flat
$999,900
MLS # 6212751
4 Beds
3 Baths
2,319 Sqft
Status: Active
Property Type: Single Family - Detached
$899,999
MLS # 6216113
4 Beds
3 Baths
2,497 Sqft
Status: Active
Property Type: Single Family - Detached
$949,000
MLS # 6219134
4 Beds
3 Baths
3,060 Sqft
Status: Active
Property Type: Single Family - Detached
$825,000
MLS # 6219257
3 Beds
3 Baths
3,144 Sqft
Status: Active
Property Type: Single Family - Detached
$1,595,000
MLS # 6219265
4 Beds
5 Baths
3,238 Sqft
Status: Active
Property Type: Single Family - Detached
$1,550,000
MLS # 6220082
4 Beds
4 Baths
3,390 Sqft
Status: Active
Property Type: Single Family - Detached
$899,900
MLS # 6220152
3 Beds
3 Baths
2,498 Sqft
Status: Active
Property Type: Single Family - Detached
$899,999
MLS # 6220226
4 Beds
3 Baths
2,742 Sqft
Status: Active
Property Type: Single Family - Detached
$2,000,000
MLS # 6220270
4 Beds
5 Baths
5,300 Sqft
Status: Active
Property Type: Single Family - Detached
$1,250,000
MLS # 6220272
5 Beds
3 Baths
3,924 Sqft
Status: Active
Property Type: Single Family - Detached
$1,350,000
MLS # 6220323
6 Beds
7 Baths
4,506 Sqft
Status: Active
Property Type: Single Family - Detached

Arizona Luxury Homes $800-$2M ~ Monthly Market Report

Sales
(in this price range of $800~$2M)
Our February property sales were 538, up from 322 in February of 2020 and 22.0% higher than the 441 sales last month. February 2021 sales were at their highest level compared to February of 2020 and 2019. February YTD sales of 979 are running 69.1% ahead of last year’s year-to-date sales of 579.

Prices
(in this price range of $800~$2M)
Our Median Sales Price for February was $1,062,500, down -0.9% from $1,072,500 in February of 2020 and down -3.1% from $1,095,995 last month. The average sales price in February was $1,184,482, up 1.3% from $1,169,642 in February of 2020 and up 1.0% from $1,172,188 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 1,107, up 14.2% from 969 last month and down -39.0% from 1,815 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 55, down from 65 days last month and down from 110 days in February of last year. The February 2021 DOM was at its lowest level compared with February of 2020 and 2019.

Selling Price / 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 $341 was up 6.9% from $319 last month and up 9.6% from $311 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 97.3% was up from 96.5% last month and up from 94.0% 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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