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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

19 matches found

$1,899,900
12036 N 62ND Place, Scottsdale, AZ 85254
View Photos (90)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 4
Bedrooms Plus: 5
# of Bathrooms: 3.5
Square Footage: 4423
Year Built: 2018
Subdivision: EQUESTRIAN MANOR UNIT 1
Description: OPEN HOUSE Monday March 1st 11-1 if you can make it! Immaculate home built...
Last Updated: March - 01 - 2021
IDX
$1,087,777
15802 N 71ST Street N, 402, Scottsdale, AZ 85254
View Photos (51)Virtual Tours (1)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 4
# of Bathrooms: 3
Square Footage: 2548
Year Built: 2004
Subdivision: LANDMARK CONDOMINIUM AMD
Description: REDUCED BELOW MARKET: This exquisite contemporary home features complete r...
Last Updated: March - 01 - 2021
IDX
$1,600,000
Front
View Photos (30)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 4
Bedrooms Plus: 5
# of Bathrooms: 4
Square Footage: 3918
Year Built: 1984
Subdivision: RANCHO MONTE VISTA
Description: Wouldn't you like to live just minutes from downtown Scottsdale, Westworld,...
Last Updated: March - 01 - 2021
IDX
$1,099,000
6302 E CORRINE Drive, Scottsdale, AZ 85254
View Photos (39)Videos (1)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 5
Bedrooms Plus: 5
# of Bathrooms: 3.5
Square Footage: 3158
Year Built: 1969
Subdivision: SHEA NORTH
Description: GUEST QUARTERS, GRAND LOT, GREAT HOUSE. Situated on over a half-ACRE in the...
Last Updated: February - 26 - 2021
IDX
$1,000,000
7120 E KIERLAND Boulevard, 311, Scottsdale, AZ 85254
View Photos (31)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 3
# of Bathrooms: 3
Square Footage: 1718
Year Built: 2018
Subdivision: OPTIMA KIERLAND
Description: Welcome to luxury living in North Scottsdale's Optima Kierland tower! This ...
Last Updated: February - 24 - 2021
IDX
$1,249,000
7180 E KIERLAND Boulevard, 1117, Scottsdale, AZ 85254
View Photos (15)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 2
Bedrooms Plus: 2
# of Bathrooms: 2
Square Footage: 1366
Year Built: 2020
Subdivision: OPTIMA KIERLAND CENTER 7180 CONDOMINIUM AMD
Description: Welcome to Best Address in Kierland! This Luxury New Condo located in North...
Last Updated: February - 23 - 2021
IDX
$2,200,000
5402 E CORTEZ Drive, Scottsdale, AZ 85254
View Photos (36)
Property Type: Residential
Dwelling Type: Single Family - Detached
# of Bedrooms: 4
Bedrooms Plus: 5
# of Bathrooms: 4.5
Square Footage: 5006
Year Built: 2002
Subdivision: VISTA HERMOSA UNIT 1
Description: Beautiful custom home rebuilt in 2002 and highly upgraded! Walk into the l...
Last Updated: February - 23 - 2021
IDX
$2,000,000
7120 E KIERLAND Boulevard, 1203, Scottsdale, AZ 85254
View Photos (48)Virtual Tours (1)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 2
Bedrooms Plus: 3
# of Bathrooms: 2.5
Square Footage: 2000
Year Built: 2018
Subdivision: OPTIMA KIERLAND CENTER 7120 CONDOMINIUM 2ND AMD
Description: Enjoy stunning MOUNTAIN VIEWS in this 2 bed, 2.5 bath penthouse unit at Opt...
Last Updated: February - 18 - 2021
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: February - 17 - 2021
IDX
$1,495,000
7180 E Kierland Boulevard, 508, Scottsdale, AZ 85254
View Photos (77)Virtual Tours (1)
Property Type: Residential
Dwelling Type: Apartment Style/Flat
# of Bedrooms: 3
Bedrooms Plus: 3
# of Bathrooms: 3
Square Footage: 2018
Year Built: 2020
Subdivision: OPTIMA KIERLAND CENTER 7180 CONDOMINIUM AMD
Description: 7180 Optima Kierland's North East Corner 3-Bed includes separate caged stor...
Last Updated: February - 15 - 2021
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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.