How is the Luxury Home market doing in the Phoenix area? Our luxury real estate market continues to grow and break records. In just 5 years, we have more than doubled the number of homes sold for a million or higher. Homes priced $3 million and above, have had the...
How is the Luxury Home market doing in the Phoenix area? Despite the pandemic, our luxury real estate market is seeing exponential growth way beyond expectations. Last month, we had our highest number of sales for luxury real estate, priced $1,000,000 and over, in the...
The Phoenix luxury real estate market saw another outstanding month in April 2018, with 26 homes in Phoenix over a million dollars selling successfully. In the past 6 years, the last 2 months have been the best we have seen so far. March was slightly better than April...
249 luxury homes came up for sale in the month in June 2017 priced $1,000,000 and up. 5 of them have sold, with 12 pending a sale and 14 under contract but accepting back up offers as of July 7, 2017. The most expensive listed in the month of June was a 20,805 sq. ft....
Phoenix luxury real estate market is a cool buyers market compared to the national market, which is a much colder buyer’s market according to the Altos Market Action Index. This index is for the general market, so keep in mind different local areas...
The average price of homes in Phoenix increased to $151.81 per square foot in the month of February 2017. This is a significant increase, about 135% increase, from the average sales price of $64.53 per sq. ft in March 2009, which was the lowest average price per sq....