Phoenix and Scottsdale AZ Luxury Condo Sales – February 2024

Luxury Condo Sales in Scottsdale and Phoenix – February 2024

In keeping with high seasons past, February saw increased sales volume as well as a decent amount of new contracts.

This report looks at the sales activity of luxury condos, all of which were on the market at or above one million dollars. 

ACTIVE LISTINGS AT THE END OF FEBRUARY

We added an additional ten units to the inventory of luxury condos for sale. By the end of February, there were 82 units in active status.

The most expensive condo for sale is a unit at ICON in Silverleaf. It has held this spot for several months now. It was designed with five bedrooms, five and one-half bathrooms and encompasses 5,534 square feet. The asking price was $6,900,000.

The lowest-priced luxury condo for sale was listed for $1,025,000. It was located in Optima Camelview Village and had two bedrooms and bathrooms and 1,448 square feet.

UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

UCB contracts were down slightly in February when compared to January. There were nine units in UCB status at the end of the month. Usually, Scottsdale has the majority of them, but a new development in Phoenix is starting to add to the UCB backlog.

UCB Condos in Scottsdale

• Optima Camelview – Two bedrooms and bathrooms, 1,628 square feet. Asking price was $1,050,000.
• Eagles Pass – Three bedrooms and bathrooms, 2,627 square feet. Asking price was $1,300,000.
• Optima Kierland – Two bedrooms and bathrooms, 1,382 square feet. Asking price was $1,225,000.

UCB Condos in Phoenix

• Toscana at Desert Ridge
  • Two bedrooms, two and one-half bathrooms, 1,780 square feet. Asking price was $1,225,641.
  • Two bedrooms, two and one-half bathrooms, 1,780 square feet. Asking price was $1,262,389.
  • Two bedrooms, two and one-half bathrooms, 1,780 square feet. Asking price was $1,280,049.
  • Two bedrooms, two and one-half bathrooms, 1,780 square feet. Asking price was $1,292,596.
  • Three bedrooms, two and one-half bathrooms, 2,177 square feet. Asking price was $1,405,827.
  • Two bedrooms, two and one-half bathrooms, 2,025 square feet. Asking price was $1,556,951.

PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

Pending inventory continues to grow as sales activity is up and we have a number of new communities under development. At the end of the month, there were 116 pending sales in the pipeline.

Scottsdale Pending Luxury Condos

• Optima Camelview – Four bedrooms, three and one-half baths, 3,680 square feet. Asking price was $2,495,000.
• Optima Kierland
  • Two bedrooms and two and one-half bathrooms, 1,579 square feet. Asking price was $1,430,000.
  • Four bedrooms, three bathrooms, 2,476 square feet. Asking price was $2,950,000.
• Plaza Lofts at Kierland – Three bedrooms, two and one-half bathrooms, 2,046 square feet. Asking price was $2,250,000.
• Scottsdale Waterfront Residences
  • Two bedrooms, two and one-half bathrooms, 1,919 square feet. Asking price was $1,695,000.
  • Three bedrooms, two and one-half bathrooms, 2,503 square feet. Asking price was $2,200,000.
• The Mark – Two bedrooms and bathrooms, 1,475 square feet. Asking price was $1,200,000.
• Landmark Condominiums – Three bedrooms and bathrooms, 2,845 square feet. Asking price was $1,765,000.
• Portico Scottsdale Condominiums – This is a new development in North Scottsdale.
  • Two bedrooms, two and one-half bathrooms, 1,939 square feet. Asking price was $1,025,000.
  • Two bedrooms, two and one-half bathrooms, 1,939 square feet. Asking price was $1,060,000.
  • Two bedrooms, two and one-half bathrooms, 1,939 square feet. Asking price was $1,064,650.
  • 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 $1,475,000.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,495,000.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,505,000.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,587,000.
  • 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.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,664,000.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,730,000.
  • Three bedrooms and bathrooms, 2,396 square feet. Asking price was $1,733,400.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,743,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,744,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,769,000.
  • 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 $1,845,750.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,899,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,935,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $2,007,000.
  • Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $2,016,950.
• Ascent at the Phoenician – This is another fantastic development underway.
  • One bedroom, one and one-half bathrooms, 1,698 square feet. Asking price was $1,450,000.
  • One bedroom, one and one-half bathrooms, 1,698 square feet. Asking price was $1,475,000.
  • Two bedrooms, two and one-half bathrooms, 1,789 square feet. Asking price was $1,600,000.
  • Two bedrooms, two and one-half bathrooms, 1,847 square feet. Asking price was $1,600,000.
  • Two bedrooms, two and one-half bathrooms, 1,789 square feet. Asking price was $1,650,000.
  • Two bedrooms, two and one-half bathrooms, 1,847 square feet. Asking price was $1,650,000.
  • One bedroom, two bathrooms, 1,519 square feet. Asking price was $1,725,000.
  • One bedroom, two bathrooms, 1,519 square feet. Asking price was $1,725,000.
  • Two bedrooms, two and one-half bathrooms, 2,346 square feet. Asking price was $1,875,000.
  • Two bedrooms, two and one-half bathrooms, 2,547 square feet. Asking price was $1,925,000.
  • Two bedrooms, two and one-half bathrooms, 2,346 square feet. Asking price was $1,950,000.
  • One bedroom, two bathrooms, 1,896 square feet. Asking price was $1,975,000.
  • Two bedrooms, two and one-half bathrooms, 2,547 square feet. Asking price was $1,995,000.
  • Two bedrooms, two and one-half bathrooms, 1,767 square feet. Asking price was $2,025,000.
  • Two bedrooms, two and one-half bathrooms, 2,374 square feet. Asking price was $2,050,000.
  • Two bedrooms and bathrooms, 1,847 square feet. Asking price was $2,075,000.
  • One bedroom, two bathrooms, 1,677 square feet. Asking price was $2,100,000.
  • One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,100,000.
  • One bedroom, two bathrooms, 1,678 square feet. Asking price was $2,175,000.
  • Two bedrooms, two and one-half bathrooms, 2,589 square feet. Asking price was $2,175,000.
  • One bedroom, two bathrooms, 1,677 square feet. Asking price was $2,195,000.
  • Two bedrooms and bathrooms, 2,157 square feet. The asking price was $2,225,000.
  • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,285,000.
  • Two bedrooms, three bathrooms, 2,157 square feet. Asking price was $2,350,000.
  • Two bedrooms and bathrooms, 2,294 square feet. Asking price was $2,385,000.
  • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,395,000.
  • Two bedrooms, two and one-half bathrooms, 1,848 square feet. Asking price was $2,395,000.
  • Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $2,395,000.
  • Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,395,000.
  • Two bedrooms, three bathrooms, 2,157 square feet. Asking price was $2,425,000.
  • Two bedrooms and bathrooms, 2,068 square feet. Asking price was $2,485,000.
  • Two bedrooms, two and one-half bathrooms, 2,160 square feet. Asking price was $2,485,000.
  • Two bedrooms, two and one-half bathrooms, 1,848 square feet. Asking price was $2,625,000.
  • Two bedrooms, three bathrooms, 2,593 square feet. Asking price was $2,695,000.
  • Two bedrooms and bathrooms, 2,157 square feet. Asking price was $2,750,000.
  • Two bedrooms, two and one-half bathrooms, 2,160 square feet. Asking price was $2,795,000.
  • Two bedrooms and bathrooms, 2,579 square feet. Asking price was $2,850,000.
  • Two bedrooms and bathrooms, 2,318 square feet. Asking price was $2,950,000.
  • Two bedrooms and bathrooms, 2,683 square feet. Asking price was $2,985,000.
  • Two bedrooms. three bathrooms, 2,510 square feet. Asking price was $2,995,000.
  • Two bedrooms. three bathrooms, 2,599 square feet. Asking price was $2,995,000.
  • Two bedrooms, three bathrooms, 2,497 square feet. Asking price was $3,050,000.
  • Two bedrooms, three bathrooms, 2,592 square feet. Asking price was $3,100,000.
  • Two bedrooms, three bathrooms, 2,527 square feet. Asking price was $3,275,000.
  • Two bedrooms and bathrooms, 2,318 square feet. Asking price was $3,385,000.
  • Two bedrooms and bathrooms, 2,592 square feet. Asking price was $3,525,000.
  • Two bedrooms and bathrooms, 2,526 square feet. Asking price was $3,695,000.
  • 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, four bathrooms, 3,037 square feet. Asking price was $4,150,000.
  • Three bedrooms, four bathrooms, 3,200 square feet. Asking price was $4,295,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,450,000.
  • Three bedrooms, three bathrooms, 3,141 square feet. Asking price was $4,475,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,500,000.
  • Three bedrooms, four bathrooms, 3,166 square feet. Asking price was $4,595,000.
  • Three bedrooms and bathrooms, 3,200 square feet. Asking price was $4,725,000.
  • Three bedrooms, three and one-half bathrooms, 3,996 square feet. Asking price was $4,750,000.
  • Three bedrooms, three bathrooms, 3,141 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 $3,195,000.
  • 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,  four bathrooms, 3,157 square feet. Asking price was $3,600,000.
  • Three bedrooms, four bathrooms, 3,867 square feet. Asking price was $3,600,000.
  • Three bedroons, four bathrooms, 3,329 square feet. Asking price was $3,900,000.
  • Five bedrooms, five and one-half bathrooms, 5,534 square feet. Asking price was $5,400,000.
  • Five bedrooms, five and one-half bathrooms, 5,534 square feet. Asking price was $5,985,000.
  • 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

• Biltmore Square – Three bedrooms and bathrooms, 2,436 square feet. Asking price was $1,150,000.
• Toscana at Desert Ridge -Two bedrooms, two and one-half bathrooms, 1,780 square feet. Asking price was $1,170,977.
• Esplanade Place – Four bedrooms, three and one-half bathrooms, 4,286 square feet. Asking price was $4,475,000.

LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX

Sales were up in February after a busy January. Thirteen units closed during February. Nine of the sales were located in Scottsdale and the rest were located in Phoenix.

Scottsdale Luxury Condo Sales

• Optima Camelview
  • Three bedrooms, three and one-half bathrooms, 3,223 square feet. Asking price was $3,295,000 and it closed for $3,230,000.
  • Two bedrooms and bathrooms, 1,781 square feet. Asking price was $1,590,000 and it closed for list price.
  • Three bedrooms, two and one-half bathrooms, 2,615 square feet. Asking price was $2,395,000. and it closed for $2,258,000.
• Optima Kierland
  • Three bedrooms and bathrooms, 2,232 square feet. Asking price was $3,200,000 and it closed for list price.
  • Two bedrooms and bathrooms, 1,386 square feet. Asking price was $1,275,000 and it sold for $1,237,000.
• ICON at Silverleaf – Two bedrooms, two and one-half bathrooms, 2,757 square feet. Asking price was $2,275,000 and it closed for $2,200,000.
• Scottsdale Waterfront Residences – Two bedrooms, two and one-half bathrooms, 2,922 square feet. Asking price was $3,750,000 and it closed over asking price at $3,800,000.
• The Reserve – Two bedrooms, two and one-half bathrooms, 2,020 square feet. Asking price was $1,129,000 and it closed for $1,075,000.
• Retreat at Seven Desert Mountain – Three bedrooms, three and one-half bathrooms, 2,489 square feet. Asking price was $1,984,900 and it closed for $1,925,000.

Phoenix Luxury Condo Sales

• Esplanade Place
  • Two bedrooms and bathrooms, 2,417 square feet. Asking price was $1,189,000 and it sold for $1,075,000.
  • Four bedrooms, three and one-half bathrooms, 4,286 square feet. Asking price was $4,475,000 and it sold for $4,000,000.
• Fairway Lodge
  • Three bedrooms, two and one-half bathrooms, 2,042 square feet. Asking price was $1,295,000.
  • Three bedrooms, two and one-half bathrooms, 2,748 square feet. Asking price was $1,550,000.

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Currently Listed Luxury Condos for Sale

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Sort by List price (High to Low)List price (Low to High)# Bedrooms# BathroomsYear BuiltSquare FootageRecently Updated

$1,495,000

7180 E KIERLAND Boulevard, 509, Scottsdale, AZ

Active

2BD 2BA 1,511SF

Last Modified: 3:37pm, December 22, 2024

Listing Office: HomeSmart

$2,100,000

7180 E KIERLAND Boulevard, 416, Scottsdale, AZ

Active

3BD 2.5BA 1,954SF

Last Modified: 3:36pm, December 22, 2024

Listing Office: HomeSmart

$1,750,000

7147 E Rancho Vista Drive, 4011, Scottsdale, AZ

Active

3BD 2BA 1,922SF

Last Modified: 12:34am, December 22, 2024

Listing Office: Compass

$1,650,000

7151 E RANCHO VISTA Drive, 5001, Scottsdale, AZ

Active

3BD 2BA 1,681SF

Last Modified: 12:31am, December 22, 2024

Listing Office: Compass

$2,295,000

7127 E Rancho Vista Drive, 4001, Scottsdale, AZ

Active

3BD 2BA 2,171SF

Last Modified: 12:29am, December 22, 2024

Listing Office: Compass

$3,195,000

7117 E RANCHO VISTA Drive, 5003, Scottsdale, AZ

Active

3BD 2BA 2,228SF

Last Modified: 12:29am, December 22, 2024

Listing Office: Compass

$1,395,000

7127 E Rancho Vista Drive, 4012, Scottsdale, AZ

Active

2BD 2BA 1,448SF

Last Modified: 12:28am, December 22, 2024

Listing Office: Compass

$2,195,000

37200 N CAVE CREEK Road, 1119, Scottsdale, AZ

Active

3BD 3.5BA 2,489SF

Last Modified: 7:34pm, December 20, 2024

Listing Office: Berkshire Hathaway HomeServices Arizona Properties

$1,975,000

7181 E Camelback Road, 702, Scottsdale, AZ

Active

2BD 2.5BA 2,041SF

Last Modified: 7:21pm, December 20, 2024

Listing Office: RETSY

$3,495,000

7180 E KIERLAND Boulevard, 1008, Scottsdale, AZ

Active

3BD 3BA 2,018SF

Last Modified: 5:18pm, December 20, 2024

Listing Office: Williams Luxury Homes

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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 3/1/2024 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.
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