Luxury home sales rose in April, but pace expected to slow

luxuryCatherine Reagor, The Arizona Republic | azcentral.com

High-end homebuyers, particularly those spending more than $2 million, weren’t just looking at metro Phoenix mansions during April. They were buying.

Ten luxury estates priced above $3 million sold in April, up from seven during the same month in 2013. Twenty-eight houses priced between $2 million and $3 million sold, 11 more than changed hands during April 2013.

According to Walt Danley Realty and Mike Orr’s monthly luxury home report, another 28 houses priced between $1.5 million and $2 million were purchased, nine more than in April 2013.

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