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Zip code 85254 is currently the hottest market for luxury homes priced $1,000,000 and above. This is the area between Scottsdale Rd and Tatum Blvd and from Shea Blvd to just a tad north of Bell Road.

Scottsdale Zip code 85254

Scottsdale Zip code 85254

This zip code does not have the most number of sales in a year but the rate of sales compared to the inventory available in that zip code makes it the hottest market.

Luxury Homes for sale in Scottsdale Zip Code 85254

27 matches found

$2,350,000
6602 E Desert Cove Avenue, Scottsdale, AZ 85254
View Photos (2)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 7
# of Bathrooms: 5.5
Square Footage: 5320
Year Built: 2020
Subdivision: Bob-O-Link
Description: This Timeless New Construction, offers a Contemporary/Transitional feel an...
Last Updated: November - 24 - 2020
IDX
$1,300,000
15802 N 71ST Street, 506, Scottsdale, AZ 85254
View Photos (33)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 4
# of Bathrooms: 2.75
Square Footage: 2548
Year Built: 2004
Subdivision: LANDMARK CONDOMINIUMS
Description: LOCATION DOESN'T GET MUCH BETTER! Located at the sought after, 24hr guard g...
Last Updated: November - 24 - 2020
IDX
$1,599,995
6601 E REDFIELD Road, Scottsdale, AZ 85254
View Photos (107)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 6
Bedrooms Plus: 7
# of Bathrooms: 5
Square Footage: 5133
Year Built: 1996
Subdivision: THUNDERBIRD EAST 3
Description: WONDERFUL ESTATE SIZED HOME ON 3/4 ACRE WITH 4 BEDROOM, 3 BATHS, IN THE MAI...
Last Updated: November - 24 - 2020
IDX
$1,349,500
15802 N 71ST Street, 606, Scottsdale, AZ 85254
View Photos (33)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 4
# of Bathrooms: 3
Square Footage: 2924
Year Built: 2004
Subdivision: LANDMARK CONDOMINIUM AMD
Description: This magnificent FULLY FURNISHED penthouse is the perfect lock & leave - al...
Last Updated: November - 23 - 2020
IDX
$1,290,000
15802 N 71ST Street, 409, Scottsdale, AZ 85254
View Photos (17)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 3
# of Bathrooms: 2.75
Square Footage: 2591
Year Built: 2004
Subdivision: LANDMARK CONDOMINIUM AMD
Description: Panoramic Westin golf course views within a walking distance to Kierland Co...
Last Updated: November - 22 - 2020
IDX
$1,049,900
5827 E ANGELA Drive, Scottsdale, AZ 85254
View Photos (44)Videos (1)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 4
Bedrooms Plus: 6
# of Bathrooms: 3
Square Footage: 3903
Year Built: 1981
Subdivision: OAKHURST
Description: OUTSTANDING IN OAKHURST. Perfectly located in a sought-after Magic Zip Code...
Last Updated: November - 22 - 2020
IDX
$1,999,499
6938 E GARY Road, Scottsdale, AZ 85254
View Photos (57)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 7
# of Bathrooms: 4.5
Square Footage: 4600
Year Built: 2017
Subdivision: NORTH SCOTTSDALE ESTATES 2
Description: HUGE REDUCTION! NOW Complete modern farmhouse in the heart of Scottsdale w...
Last Updated: November - 20 - 2020
IDX
$1,100,000
7120 E KIERLAND Boulevard, 307, Scottsdale, AZ 85254
View Photos (51)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 4
# of Bathrooms: 2
Square Footage: 1665
Year Built: 2018
Subdivision: OPTIMA KIERLAND CENTER 7120 CONDOMINIUM 2ND AMD
Description: Northeast CORNER UNIT in the Ultimate Urban Luxury Lifestyle Optima Kierlan...
Last Updated: November - 20 - 2020
IDX
$1,399,000
15215 N KIERLAND Boulevard, 306, Scottsdale, AZ 85254
View Photos (33)
Property Type: Residential
Dwelling Type: Townhouse
# of Bedrooms: 2
Bedrooms Plus: 4
# of Bathrooms: 2.5
Square Footage: 1942
Year Built: 2005
Subdivision: PLAZA LOFTS AT KIERLAND COMMONS CONDOMINIUM 2ND AM
Description: Unique opportunity to own an exclusive urban loft with premier amenities su...
Last Updated: November - 20 - 2020
IDX
$1,035,000
5455 E LUDLOW Drive, Scottsdale, AZ 85254
View Photos (50)Virtual Tours (1)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 5
# of Bathrooms: 3.5
Square Footage: 3436
Year Built: 1994
Subdivision: MARAVILLA PRIVATE STREETS
Description: Truly one of a kind! Come and see this luxurious 5 bed, 3.5 bath home now a...
Last Updated: November - 19 - 2020
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So far the annual sales rate for zip code 85254 is 27 sales with only 16 homes active on the market for sale, giving the zip code only 216 days of inventory available. This is the lowest days of inventory for any zip code for luxury homes $1,000,000 or more.

Luxury home market sales priced $1,000,000 or more in Phoenix and surrounding cities

Luxury home market sales priced $1,000,000 or more in Phoenix and surrounding cities – The Cromford Report

 

Ahwatukee luxury market is moderate with about 1 year supply of inventory

Ahwatukee zip codes 85044 and 85048 are moderate markets for luxury homes priced $1,000,000 or more, having about a year’s inventory available depending on the current sales.
Zip code 85044 has about 10 homes active for sale with an annual sales rate of 10, while zip code 85048 has 8 active homes with an annual sales rate of 8.

The hottest zip code in the city of Phoenix will be 85018, which is the Phoenix portion of Arcadia with 275 days of inventory available.

 

East valley luxury market is not very strong.

The east valley cities such as Mesa, Chandler and Gilbert are among of the weakest when it comes to luxury homes priced $1,000,000 or more.

Selling a luxury home in South Gilbert, Cave Creek, North Peoria, South Chandler or Carefree involves a lot of patience right now. – The Cromford Report

This means if you have a luxury home in the east valley to sell, it may take some time, but with the right tools and resources, you could beat the market.