Luxury Condo Sales in Scottsdale and Phoenix – November 2024
November was a busy month for luxury condo sales activity in Scottsdale. Inventory, pending sales and sales were all up.
To be included in this report, all of the units had asking prices of one million dollars or more.
Luxury Condo Market - November 2024 Phoenix and Scottsdale AZ All Luxury Condos Scottsdale Luxury Condos Phoenix Luxury Condos Units on the Market - Number of Units for Sale 88 75 13 - Average Asking Price $2,383,008 $2,510,194 $1,649,242 - Average Asking Price Per Sq. Ft. $1,001.66 $1,058.09 $676.12 - Average Days on Market*- Active 149 157 103 UCB Sales (Under Contract - Accepting Backup Offers) - Number of Units UCB 5 2 3 - Average UCB Price $1,853,949 $2,852,000 $1,188,582 - Average UCB Price Per Sq. Ft. $699.16 $907.09 $560.54 Pending Sales - Number of Units Pending 138 137 1 - Average Pending Price $2,811,247 $2,825,468 $1,000,000 - Average Pending Price Per Sq. Ft. $1,022.33 $1,025.80 $547.35 Luxury Condo Sales - Number of Units Sold 13 8 5 - Average Sales Price $1,625,919 $1,666,875 $1,560,390 - Sales Price to List Price 95.7% 95.5% 96.1% - Average Sold Sq. Feet 2,388 2,110 2,833 - Average Sales Price per Sq. Ft. $703.98 $789.23 $567.59 - Average Days on Market* - Sold 172 178 162 - Highest Sale Price $3,000,000 $3,000,000 $1,935,000 - Lowest Sale Price $960,000 $960,000 $1,075,000 - Percentage of Total Sales 100% 62% 38%
ACTIVE LISTINGS AT THE END OF NOVEMBER
The number of luxury condos for sale increased from eighty-two to eighty-eight by the end of November. The majority (75) of these listings were located in Scottsdale.
The most expensive unit for sale has held this spot for a while now as it is the highest-priced condo in Scottsdale’s history. Located in ICON at Silverleaf, this final penthouse unit is listed for $12,900,000. It has four bedrooms, four and one-half bathrooms and covers 6,288 square feet.
The least expensive luxury condo for sale was located in Optima Camelview in Scottsdale. It had two bedrooms and bathrooms and had 1,243 square feet. It is on the market for $1,020,000.
UCB* LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
UCB contracts were down at the end of the month. There was a total of five UCBs, two in Scottsdale and three in Phoenix
UCB Condos in Scottsdale
- Atavia – Three bedrooms, three and one-half bathrooms, 2,957 square feet. Asking price was $1,804,000.
- ICON at Silverleaf – Three bedrooms, four bathrooms, 3,239 square feet. Asking price was $3,900,000.
UCB Condos in Phoenix
- Crystal Point Condominiums – Two bedrooms, two and one-half bathrooms, 1,777 square feet. Asking price was $1,025,000.
- Fairway Lodge at the Biltmore – Two bedrooms and bathrooms, 1,726 square feet. Asking price was $1,145,000.
- Toscana at Desert Ridge – Three bedrooms, two and one-half bathrooms, 2,177 square feet. Asking price was $1,395,745.
PENDING LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
Pending contracts were up again at the end of November, coming in at 138. Virtually all of these pending sales are located in communities that are under construction.
Scottsdale Pending Luxury Condos
- The Mark Condominiums – Two bedrooms, two and one-half bathrooms, 1,497 square feet. Asking price was $2,000,000.
- Optima Camelview
- Three bedrooms, two bathrooms, 2,357 square feet. Asking price was $1,190,000.
- Three bedrooms, two bathrooms, 1,916 square feet. Asking price was $2,100,000.
- 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.
- Four bedrooms, three and one-half bathrooms, 2,768 square feet. Asking price was $1,718,000.
- 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, 1,789 square feet. Asking price was $1,725,000.
- Two bedrooms, two and one-half bathrooms, 1,847 square feet. Asking price was $1,725,000.
- Two bedrooms, two and one-half bathrooms, 1,847 square feet. Asking price was $1,825,000.
- Two bedrooms, two and one-half bathrooms, 2,346 square feet. Asking price was $1,875,000.
- One bedrooms, one and one-half bathrooms, 1,698 square feet. Asking price was $1,895,000.
- Two bedrooms, two and one-half bathrooms, 1,789 square feet. Asking price was $1,895,000.
- 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.
- One bedroom, two bathrooms, 1,678 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.
- One bedroom, two bathrooms, 1,698 square feet. Asking price was $2,070,000.
- 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.
- Two bedrooms, two and one-half bathrooms, 2,346 square feet. Asking price was $2,125,000.
- 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.
- Two bedrooms, two and one-half bathrooms, 2,547 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, 2,859 square feet. Asking price was $2,275,000.
- Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,285,000.
- Two bedrooms, three bathrooms, 2,244 square feet. Asking price was $2,325,000.
- 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, two and one-half bathrooms, 2,859 square feet. Asking price was $2,450,000.
- 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, three bathrooms, 2,510 square feet. Asking price was $2,550,000.
- Two bedrooms, two and one-half bathrooms, 1,848 square feet. Asking price was $2,625,000.
- Two bedrooms, two and one-half bathrooms, 2,679 square feet. Asking price was $2,650,000.
- Two bedrooms, two and one-half bathrooms, 2,710 square feet. Asking price was $2,675,000.
- Two bedrooms, three bathrooms, 2,593 square feet. Asking price was $2,695,000.
- Two bedrooms, three bathrooms, 2,318 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, three bathrooms, 2,294 square feet. Asking price was $2,875,000.
- 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, three bathrooms, 2,326 square feet. Asking price was $3,375,000.
- Two bedrooms and bathrooms, 2,318 square feet. Asking price was $3,385,000.
- Two bedrooms, three bathrooms, 2,510 square feet. Asking price was $3,395,000.
- Two bedrooms, three bathrooms, 2,294 square feet. Asking price was $3,475,000.
- Two bedrooms and bathrooms, 2,592 square feet. Asking price was $3,525,000.
- Two bedrooms, three bathrooms, 2,576 square feet. Asking price was $3,585,000.
- Two bedrooms, three bathrooms, 2,683 square feet. Asking price was $3,595,000.
- 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, four bathrooms, 3,166 square feet. Asking price was $4,675,000.
- 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 $2,495,000.
- Two bedrooms, three bathrooms, 2,752 square feet. Asking price was $2,600,000.
- 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, four bathrooms, 3,157 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, 3,239 square feet. Asking price was $3,400,000.
- 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 bedrooms, 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
- The Residences at 2211 Camelback – Two bedrooms and bathrooms, 1,827 square feet. Asking price was $1,000,000.
LUXURY CONDO SALES IN SCOTTSDALE AND PHOENIX
November was an excellent sales month for luxury condos, more than doubling October’s sales figure.
Scottsdale Luxury Condo Sales
- Optima Kierland – Two bedrooms and bathrooms, 1,216 square feet. Asking price was $1,070,000 and it sold for $999,999.
- Optima Camelview
- Two bedrooms and bathrooms, 1,448 square feet. Asking price was $1,000,000 and it sold for $960,000.
- Three bedrooms, two bathrooms, 2,599 square feet. Asking price was $1,400,000 and it sold for $1,300,000.
- Scottsdale Waterfront Residences –
- Two bedrooms, two and one-half bathrooms, 2,469 square feet. Asking price was $2,295,000 and it sold for $2,200,000.
- Three bedrooms, three and one-half bathrooms, 2,503 square feet. Asking price was $1,970,000 and it sold for $1,935,000.
- Two bedrooms and bathrooms, 1,432 square feet. Asking price was $1,335,000 and it closed for $1,340,000.
- ICON at Silverleaf – Three bedrooms, three and one-half bathrooms, 3,170 square feet. Asking price was $3,097,000 and it sold for $3,000,000.
- Plaza Lofts at Kierland – Two bedrooms, two and one-half bathrooms, 2,046 square feet. Asking price was $1,800,000 and it sold for $1,600,000.
Phoenix Luxury Condo Sales
- The Residences at 2211 Camelback
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- Three bedrooms, four bathrooms, 3,904 square feet. Asking price was $1,950,000 and it sold for $1,800,000.
- Two bedrooms, three bathrooms, 2,985 square feet. Asking price was $1,475,000 and it sold for $1,435,000.
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- Esplanade Place – Two bedrooms and bathrooms, 2,417 square feet. Asking price was $1,150,000 and it sold for $1,075,000.
- One Lexington – Two bedrooms, two and one-half bathrooms, 2,835 square feet. Asking price was $1,990,000 and it sold for $1,935,000.
- Toscana at Desert Ridge – Two bedrooms, two and one-half bathrooms, 2,025 square feet. Asking price was $1,556,951 and it closed for list price.
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 11/1/2024 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.
Copyright ©2024 Heather Tawes Nelson | Joyce Tawes
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