Arizona Luxury Homes
50% Discount Commission for Sellers ~ Our Arizona Luxury Homes Buyer Service is FREE!
Coldwell Banker Global Luxury, $270 million in luxury sales, every day. 🙂
Welcome to Arizona Luxury Homes where we hope you enjoy your time here. Your Search Results will appear below showing the “Newest Listings” first. We also provide Live Video Previews for your favorite Luxury Homes! 🙂
(for all Luxury Homes ~ $1M+)
Our Median Sales Price in April was $1,400,000, down -7.3% from $1,510,000 in April of 2021 and down -3.8% from $1,455,000 last month. The average sales price in April was $1,911,909, down -1.1% from $1,933,955 in April of 2021 and down -0.9% from $1,928,510 last month. April 2022 ASP was at a mid range compared to April of 2021 and 2020. (more market report below photos)
We can currently see (1451) Luxury Homes ($1M+) available today in Arizona. 🙂
Arizona Luxury Homes ~ Newest Listings
Arizona Luxury Homes ~ Monthly Market Report
(for all Luxury Homes) Our April property sales were 724, up from 620 in April of 2021 and 2.4% higher than the 707 sales last month. April 2022 sales were at their highest level compared to April of 2021 and 2020. April YTD sales of 2,379 are running 24.5% ahead of last year’s year-to-date sales of 1,911.
(for all Luxury Homes) The total inventory of properties available for sale as of April was 1,427, up 34.6% from 1,060 last month and up 30.7% from 1,092 in April of last year. April 2022 Inventory was at a mid range compared to April of 2021 and 2020.
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 29, down from 33 days last month and down from 44 days in April of last year. The April 2022 DOM was at its lowest level compared with April of 2021 and 2020.
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 April 2022 selling price per square foot of $488 was up 0.8% from $484 last month and up 17.3% from $416 in April of last year.
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!! 🙂