Million-dollar home sales soaring in metro Phoenix

By Catherine Reagor | Arizona Republic (Submitted Photo)

Metro Phoenix is drawing more millionaires — or at least buyers who can pay $1 million or more for a home.

Million-dollar home sales in the Valley hit a new record in April, up 32% from December 2020’s record.

Valley mansions and spacious condominiums with seven- and eight-figure price tags are selling more briskly, and many buyers are paying cash.

A growing number of the deep-pocketed buyers are from out of state, but many are local.

And the prices buyers are willing to pay for a luxury home in the Phoenix area are soaring.

A couple of mansions priced above $10 million typically sold each week in April, and the trend continued through May.

READ ON:

Share this!

Additional Articles

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.

News Categories
June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930