In Phoenix Luxury Market Thrives I wrote about the large increase in the sale of homes priced at $1 million in the Phoenix area from 2019 to 2020. Updated data shows that in April of this year sales of one million dollar homes and up hit a new record – up 75% from the previous record set in October 2020. That equals 655 homes sold in April over $1 million compared to 374 for October 2020. Needless to say, sales prices continue to go up as inventory in the highest price ranges decrease.
Phoenix Luxury Market Thrives, Part 2.
by kramoltz@hotmail.com | Jul 31, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures | 0 comments