April 17, 2024 8:49 pm
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Phoenix luxury home listings rise as sales fall

Perched on the south slope of Camelback Mountain, this romantic Spanish Colonial home was hand crafted in 2010.
Perched on the south slope of Camelback Mountain, this romantic Spanish Colonial home was hand crafted in 2010.

By Kristena Hansen | Phoenix Business Journal

The number of high-end homes on the metro Phoenix market grew last month for the first time since April while sales took a slight dip, according to a new report released this week by Michael Orr and Walt Danley. There were 1,935 luxury homes for sale in the Valley on Oct. 1 on the Arizona Regional Multiple Listing Service, up 9 percent from Sept. 1 and 15 percent year-over-year. It was still down, however, by about 14.6 percent from April 1, when there were 2,267 active luxury listings.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.