Fancy living: Scottsdale ranked among top five cities for luxury homes

Scottsdale, 2.5 acres of Desert Mountain/Realtor.com

KTAR

If you are in the market for a new home and are looking to live a life of luxury, this Phoenix-area town may be perfect for you.

According to a recent report from Coldwell-Banker, Scottsdale was ranked among the top five cities in the country for luxury markets for homebuyers.

The study found that the median monthly inventory list price for single-family homes in the area was $2.2 million, while condos will run closer to $663,000.

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