Arizona Luxury Homes $1M-$2M

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Arizona Luxury Homes
Arizona Luxury Homes – $800 – $2M

Luxury Home Links… (Other Homes Here)
Home | $1M~$2M | $2M~$4M | $4M~$6M | $6M+
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~ Select Areas ~ Carefree | Cave Creek | Paradise Valley | Phoenix | Scottsdale | Neighborhoods | Desert Mountain

Welcome to Arizona Luxury Homes $1M-$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 $1M~$2M)
Our April 2022 selling price per square foot of $427 was up 1.2% from $422 last month and up 18.9% from $359 in April of last year. (more market report below photos)

We can currently see (964) Homes available today in this Luxury price range of $1M~$2M

Arizona Luxury Homes $1M-$2M ~ Newest Listings

$1,200,000
MLS # 6403552
2 Beds
2 Baths
1,363 Sqft
Status: Active
Property Type: Apartment Style/flat
$1,099,000
MLS # 6402772
5 Beds
4 Baths
3,835 Sqft
Status: Active
Property Type: Single Family - Detached
$1,175,000
MLS # 6403752
4 Beds
2 Baths
2,210 Sqft
Status: Active
Property Type: Single Family - Detached
$1,175,000
MLS # 6404009
2 Beds
2 Baths
2,417 Sqft
Status: Active
Property Type: Apartment Style/flat
$1,500,000
MLS # 6397187
6 Beds
6 Baths
6,968 Sqft
Status: Active
Property Type: Single Family - Detached
$1,500,000
MLS # 6404405
3 Beds
2 Baths
1,500 Sqft
Status: Active
Property Type: Single Family - Detached
$1,950,000
MLS # 6403608
4 Beds
3 Baths
3,731 Sqft
Status: Active
Property Type: Single Family - Detached
$1,258,000
MLS # 6404419
5 Beds
4 Baths
3,701 Sqft
Status: Active
Property Type: Single Family - Detached
$1,099,000
MLS # 6404602
3 Beds
3 Baths
2,047 Sqft
Status: Active
Property Type: Single Family - Detached
$1,025,000
MLS # 6402639
3 Beds
2 Baths
2,464 Sqft
Status: Active
Property Type: Single Family - Detached
$1,977,000
MLS # 6403510
3 Beds
4 Baths
3,901 Sqft
Status: Active
Property Type: Single Family - Detached
$2,000,000
MLS # 6404742
3 Beds
3 Baths
2,454 Sqft
Status: Active
Property Type: Single Family - Detached
$1,900,000
MLS # 6404165
4 Beds
5 Baths
5,898 Sqft
Status: Active
Property Type: Single Family - Detached
$1,100,000
MLS # 6404702
3 Beds
4 Baths
2,771 Sqft
Status: Active
Property Type: Single Family - Detached
$1,450,000
MLS # 6401366
3 Beds
3 Baths
2,329 Sqft
Status: Active
Property Type: Apartment Style/flat
$1,650,995
MLS # 6404320
4 Beds
4 Baths
3,757 Sqft
Status: Active
Property Type: Single Family - Detached
$1,200,000
MLS # 6402365
4 Beds
3 Baths
2,671 Sqft
Status: Active
Property Type: Single Family - Detached
$1,450,000
MLS # 6403983
3 Beds
3 Baths
2,113 Sqft
Status: Active
Property Type: Townhouse

Arizona Luxury Homes $1M-$2M ~ Monthly Market Report

Sales
(in this price range of $1M~$2M)
Our April property sales were 538, up from 439 in April of 2021 and 6.1% higher than the 507 sales last month. April 2022 sales were at their highest level compared to April of 2021 and 2020. April YTD sales of 1,728 are running 25.9% ahead of last year’s year-to-date sales of 1,372.

Prices
(in this price range of $1M~$2M)
Our Median Sales Price for April was $1,273,095, down -2.1% from $1,300,000 in April of 2021 and down -2.1% from $1,300,000 last month. The average sales price in April was $1,331,564, down -3.0% from $1,373,251 in April of 2021 and down -1.2% from $1,347,130 last month. April 2022 ASP was at the lowest level compared to April of 2021 and 2020.

Inventory
The total inventory of properties available for sale as of April was 865, up 41.8% from 610 last month and up 52.0% from 569 in April of last year. April 2022 Inventory was at a mid range compared to April of 2021 and 2020.

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 April was 24, down from 28 days last month and down from 35 days in April of last year. The April 2022 DOM was at its lowest level compared with April of 2021 and 2020.

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 April 2022 selling price per square foot of $427 was up 1.2% from $422 last month and up 18.9% from $359 in April 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 April 2022 selling price vs list price of 103.1% was up from 102.7% last month and up from 99.8% in April 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. Please also see our popular Coldwell Banker Luxury Homes site and our Luxury Blog here. – thanks!! 🙂

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