Metro Phoenix luxury home prices push higher into the stratosphere

By Angela Gonzales | Phoenix Business Journal

With more than 20 luxury homes listed for more than $20 million in Paradise Valley and Scottsdale, the luxury market in metro Phoenix is pushing into new price heights.

“I believe we are at an inflection point in the upper echelon of the luxury space where we may indeed see a new stratospheric price threshold pushed higher,” said Andrew Turley, president of Phoenix Valuations, a sought-after appraiser of luxury residential properties.

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March 2024
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