Phoenix and Scottsdale AZ Luxury Condo Sales – April 2023

Luxury Condo Sales in Scottsdale and Phoenix – April 2023

Although sales were down slightly from March, the luxury condo market in Scottsdale and Phoenix still posted strong results.  

This report covers the Scottsdale and Phoenix luxury condo market. All of these homes were listed for $1 million or more. 

ACTIVE LISTINGS AT THE END OF APRIL

The number of units for sale fell from sixty at the end of March to fifty-four at the end of April. Forty-seven of the fifty-four were located in Scottsdale.

The highest-priced listing is a carryover from last month that took a price reduction. This fantastic penthouse at The Plaza Lofts at Kierland has three bedrooms, three and one-half bathrooms and 4,059 square feet. It was on the market for $5,650,000.

The least expensive condo for sale is also a carryover from previous months. This Optima Camelview home comes with two bedrooms and bathrooms and 1,346 square feet. It was on the market for $1,000,000. 

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UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

UCB contracts rebounded significantly in April. We went from two at the end of March to eight at the end of April.

UCB Condos in Scottsdale

• Portico Condominiums– Portico is under development in North Scottsdale.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,444,500.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,445,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,657,000
• Optima Kierland – Two bedrooms, two and one-half bathrooms, 2,000 square feet. Asking price was $1,875,000.
• Seven at Desert Mountain – Three bedrooms, three and one-half bathrooms, 2,721 square feet. Asking price was $2,395,000.
• ICON at Silverleaf – Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,195,000.

UCB Condos in Phoenix

• One Lexington – Two bedrooms, two and one-half bathrooms and 2,835 square feet. Asking price was $1,695,000.
• Esplanade Place – Two bedrooms and bathrooms and 2,417 square feet. Asking price was $1,199,875.

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PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

The number of pending sales was down compared to the end of March. The month ended with fifty-four units in pending status. A majority of these pending contracts were located in communities still under development in Scottsdale. 

Scottsdale Pending Luxury Condos

• Optima Camelview – Three bedrooms, two bathrooms, 2,000 square feet. Asking pice was $2,250,000.
• Portico Scottsdale Condominiums – This is a new development in North Scottsdale.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,425,600.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,431,000.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,582,200.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,637,100.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,658,500.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,660,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,669,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,695,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,695,600.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,728,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,738,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,814,400.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,879,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,890,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,899,000.
• The Reserve – This community is under construction.
  • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,011,500.
  • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,012,450.
  • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,063,000.
  • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,159,000.
  • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,271,450.
  • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,279,900.
  • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,447,500.
  • Three bedrooms and three bathrooms, 2,675 square feet. Asking price was $1,532,900.
• Ascent at the Phoenician – This is another fantastic development underway.
  • One bedroom, one and one-half bathrooms, 1,698 square feet. Asking price was $1,475,000.
  • Two bedrooms, two and one-half bathrooms, 1,847 square feet. Asking price was $1,600,000.
  • Two bedrooms, two and one-half bathrooms, 2,374 square feet. Asking price was $2,050,000.
  • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,285,000.
  • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,395,000.
  • Three bedrooms, three and one-half bathrooms, 3,867 square feet. Asking price was $3,975,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,100,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,450,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,500,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,750,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,895,000.
  • Three bedrooms, three and one-half bathrooms, 3,945 square feet. Asking price was $4,950,000.
• ICON at Silverleaf – Currently under construction.
  • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $1,995,000.
  • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,150,000.
  • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,500,000.
  • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,625,000.
  • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,700,000.
  • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,750,000.
  • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,800,000.
  • Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,900,000.
  • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $2,900,000.
  • Three bedrooms and bathrooms, 3,157 square feet. Asking price was $2,995,000.
  • Three bedrooms, three and one-half bathrooms, 3,170 square feet. Asking price was $2,995,000.
  • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,175,000.
  • Three bedrooms, four bathrooms, 3,157 square feet. Asking price was $3,200,000.
  • Three bedrooms, four bathrooms 3,157 square feet. Asking price was $3,350,000.
  • Three bedrooms, three and one-half bathrooms, 3,867 square feet. Asking price was $3,600,000.
  • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $6,900,000.
  • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $7,700,000.
  • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $7,718,000.
  • Four bedrooms, four and one-half bathrooms, 5,534 square feet. Asking price was $8,000,000
  • Four bedrooms, four and one-half bathrooms, 6,288 square feet. Asking price was $8,350,000. 

Phoenix Pending Luxury Condos

• One Lexington – Two bedrooms, two and one-half bathrooms, 2,288 square feet. Asking price was $1,295,000.

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LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

The luxury condo market saw a solid sales month in April. Eight units sold and seven of the eight were located in Scottsdale.

Scottsdale Luxury Condo Sales

• Optima Camelview – Three bedrooms, two bathrooms, 2,222 square feet. Asking price was $1,395,000 and it sold for $1,200,000.
• The Reserve
  • Two bedrooms, two and one-half bathrooms, 2,639 square feet. Asking price was $1,004,500 and it sold for $1,183,841.
  • Three bedrooms and bathrooms, 2,675 square feet. Asking price was $1,206,500 and it closed for $1,275,053.
• Plaza Lofts at Kierland – Two bedrooms and bathrooms, 1,636 square feet. Asking price was $1,795,000 and it closed for $1,735,000.
• Optima Kierland
  • Two bedrooms and bathrooms, 1,465 square feet. Asking price was $1,349,000 and it sold for $1,335,000.
  • Two bedrooms and bathrooms, 1,387 square feet. Asking price was $1,140,000 and it sold for $1,100,000.
• Scottsdale Waterfront – Two bedrooms, two and one-half bathrooms, 2,227 square feet. Asking price was $1,985,000 and it sold for $1,800,000.

Phoenix Luxury Condo Sales

• Two Biltmore Estates – Three bedrooms, three and one-half bathrooms, 3,931 square feet. Asking price was $2,995,000 and it sold for $2,775,000.

Learn More About Phoenix and Scottsdale Luxury Condos

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Disclaimer: Days on market figures are cumulative days on market. Information herein deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 5/1/2023 and can change at any time. The analysis looks at resale luxury condos in Scottsdale and Phoenix over the past 12 months. Information deemed reliable, but not guaranteed.  There may be new condo inventory in these figures if the developer is using the MLS to market its homes. This post represents the opinion of the author. No warranties express or implied.
Copyright ©2023 Heather Tawes Nelson | Joyce Tawes