Sales of $1 million-plus homes on the rise across Phoenix

2784 W. Del Rio Place, Chandler, $1,070,000
2784 W. Del Rio Place, Chandler, $1,070,000

By Alexa D’Angelo | Phoenix Business Journal

There has been a dramatic increase in the sale of million dollar homes across Phoenix in the past few months.

Earlier this month, there were roughly 40 homes sold over $1 million in just one week.

“There is an abundance of luxury homes on the market, and our market has just come back from the downturn of 2007,” said Robert Joffe, founder and associate broker at the Joffe Group. “In our luxury market it’s hard to find a house less than a million bucks, there are a lot of them available.”

Joffe said he personally thinks the market was better in 2014 and early 2015, but said the trend is likely related to buyers’ increased desire for newly built homes.

Continued:

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

October 2016
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31