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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

32 matches found

$1,735,000
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 3
Bedrooms Plus: 5
# of Bathrooms: 3
Square Footage: 3891
Year Built: 1960
Subdivision: Bar Ted Acres
Description: Stunning Remodeled Estate home in one of Scottsdale's desirable zip codes, ...
Last Updated: June - 15 - 2021
IDX
$1,045,000
6154 E KAREN Drive, Scottsdale, AZ 85254
View Photos (35)Videos (1)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 5
# of Bathrooms: 3
Square Footage: 3289
Year Built: 1991
Subdivision: PARADISE LANE NO 3
Description: Move-in Ready Home. This 5 bedroom 3 bath home has been entirely remodeled ...
Last Updated: June - 15 - 2021
IDX
$1,299,000
5436 E Sheena Drive, Scottsdale, AZ 85254
View Photos (1)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 6
# of Bathrooms: 3.5
Square Footage: 4281
Year Built: 1994
Subdivision: Maravilla Private Streets
Description: Gorgeous home with Italian marble floors, walls of glass to let in all that...
Last Updated: June - 15 - 2021
IDX
$2,389,000
6136 E PARADISE Drive, Scottsdale, AZ 85254
View Photos (37)Videos (2)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 8
# of Bathrooms: 4.5
Square Footage: 6975
Year Built: 2014
Subdivision: EQUESTRIAN MANOR UNIT 1
Description: Welcome to one of the only guard gated communities in 85254! Jaw dropping ...
Last Updated: June - 15 - 2021
IDX
$2,075,000
7120 E KIERLAND Boulevard, 407-408, Scottsdale, AZ 85254
View Photos (60)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 2
Bedrooms Plus: 3
# of Bathrooms: 2.5
Square Footage: 3393
Year Built: 2018
Subdivision: OPTIMA KIERLAND CENTER 7120 CONDOMINIUM 2ND AMD
Description: One-of-a-kind custom residence located in the Optima Kierland Tower * Encom...
Last Updated: June - 14 - 2021
IDX
$1,995,000
7126 E PARADISE Drive, Scottsdale, AZ 85254
View Photos (26)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 3
Bedrooms Plus: 3
# of Bathrooms: 2
Square Footage: 1869
Year Built: 1953
Subdivision: DESERT ESTATES
Description: 71,029 SQ ' LOT. VALUE IS IN LAND '! HUGE CORNER, GATED AND ACCESS FROM ...
Last Updated: June - 14 - 2021
IDX
$1,700,000
Gorgeous Front View
View Photos (75)Virtual Tours (1)
Open House (06/19/2021 - 10:00 am)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 4
Bedrooms Plus: 5
# of Bathrooms: 3
Square Footage: 3428
Year Built: 1971
Subdivision: DESERT ESTATES UNIT 14
Description: Wrap yourself in the comfort of this gorgeous home, beautifully renovated o...
Last Updated: June - 14 - 2021
IDX
$1,110,000
7120 E Kierland Boulevard, 1003, Scottsdale, AZ 85254
View Photos (46)Virtual Tours (1)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 2
Bedrooms Plus: 2
# of Bathrooms: 2
Square Footage: 1262
Year Built: 2018
Subdivision: Optima Kierland Center 7120 Condominium
Description: Penthouse level 10th floor with amazing mountain and city light views from ...
Last Updated: June - 14 - 2021
IDX
$1,575,000
7120 E KIERLAND Boulevard, 305, Scottsdale, AZ 85254
View Photos (28)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 3
# of Bathrooms: 3.5
Square Footage: 2123
Year Built: 2018
Subdivision: OPTIMA KIERLAND CENTER 7120 CONDOMINIUM 2ND AMD
Description: 72 Hour Home Sale! Experience the ultimate luxury lifestyle in this stunnin...
Green Building Certification: LEED Certified
Last Updated: June - 14 - 2021
IDX
$1,199,000
5822 E CHARTER OAK Road, Scottsdale, AZ 85254
View Photos (31)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 4
Bedrooms Plus: 5
# of Bathrooms: 3.5
Square Footage: 3303
Year Built: 1975
Subdivision: AVANT 1 UNIT 4
Description: A must see ''85254 Home'' in this highly coveted neighborhood within walkin...
Last Updated: June - 13 - 2021
IDX

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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.