Day one saw real estate sell live for the first time on RM Sotheby's stage; Day two earns a new record for total number of bids placed on a single lot after competitive in-room bidding.
We are pleased to announce the success of our Arizona Car Week sale, where marquee luxury real estate auctioned alongside rare and collectible cars over the course of two days. Day one of bidding concluded live at the Arizona Biltmore on 23 January, where Sotheby’s International Realty listings were exclusively auctioned as real estate gaveled live for the first time on the RM Sotheby's stage. Day two of bidding took place at the Andaz Scottsdale Resort on 24 January with spirited in-room bidding. The auctions, which streamed live to the world, achieved impressive white-glove results, with 100% of lots sold and over $230 million in aggregate bids placed.
“The success of our Arizona Car Week sales demonstrated the unique synergy between luxury real estate and rare automobiles, offering an unparalleled platform to connect buyers and sellers across these categories,” said Krystal Aeby, President of Concierge Auctions. “These live auctions not only elevated the visibility of extraordinary properties but also showcased the innovative potential of cross-category promotion in luxury sales.”
Conducted by Concierge Auctions’ head auctioneer, Frank Trunzo, both days saw intense competition among buyers with a total of 21 property connoisseurs competing across North America, including 14 U.S. states.
The Arizona Biltmore: Day One Facts and Figures
Day one of sales saw10 property connoisseurs spanning North America, including 6 U.S. States—Arizona, Colorado, Michigan, New Jersey, Texas, and Virginia—compete to own properties.
White-glove results, with 100% sell-through rate
$31.76 million in aggregate bids placed
34.26% increase above average Starting Bid prices achieved
13845 North Scottsdale Road, a unique commercial property with a beautiful Mediterranean-style exterior located in Scottsdale, Arizona, saw 6 bidders competing, achieving a sale price of $2.884 million.
5201 North Hacienda Del Sol Road, a timelessly elegant estate in Catalina Foothills of Tuscon, Arizona, known as “Eleven Arches,” saw 4 bidders compete for a final sale price of $3.808 million, in cooperation with Thalia Kyriakis of Russ Lyon Sotheby's International Realty.
The Andaz Scottsdale: Day Two Facts and Figures
Day two of sales saw15 property connoisseurs from 11 U.S. States—Florida, Georgia, Indiana, Michigan, New York, North Dakota, Ohio, Oregon, Texas, Utah, and Virginia—competing on the telephone via a team of specialists, in the room, and online.
White-glove results, with 100% sell-through rate
66 total bids across three lots
$199 million in aggregate bids placed
68.65% increase above average Starting Bid prices achieved
Headlining day two of sales was 7620 and 7540 North Red Ledge Drive, a dual-lot, 16-acre desert canvas for build-out in Arizona’s Paradise Valley, offered in cooperation with Mike Santistevan and Mary Jo Santistevan of Berkshire Hathaway HomeServices Arizona Properties. The property saw intense in-room bidding competition, setting an all-time record for the firm for the highest number of bids placed on a single lot. Four total bidders—including those who actively participated in the room—placed a total of 47 bids before the property reached the final sale price of $4.816 million.
1501 Oak Haven Lane in Wanship, a spanning mountain estate near Park City, Utah, saw 6 bidders competing for a sale price of $3.024 million, in cooperation with Ravath Pok and Joan Pok of Realty ONE Group Signature.
15275 North Silent Vista Court, an extraordinary Mediterranean masterpiece in Marana, Arizona, designed by Alan Roberts with interiors by Lori Carroll, saw 4 bidders, achieving a final sale price of $2.128 million, in cooperation with Pamela Knox of Better Homes and Gardens Real Estate - SJ Fowler and Sandy Northcutt of Long Realty Company.
Our2025 Sale Series continues with three key upcoming events:
On 29 January, ‘Exceptional Global Properties' will take place at Sotheby’s New York as part of its Visions of America sale, an extraordinary event where luxury real estate will be auctioned alongside masterpieces of art.
On 25 February, the ‘Dubai Global Sale’ will conclude live at The Ritz-Carlton, Dubai, featuring a highly curated selection of properties from around the world.
And, on 2 March, history will be made once again as RM Sotheby’s hosts the firm for the inaugural auction of real estate live at ModaMiami, a multi-day event full of rich experiences including live music, entertainment, auctions, track days, road tours and more, taking place at the iconic Biltmore Hotel in Coral Gables, Florida.
As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, each closing will result in the funding towards new homes built for families in need.