Buyers still lining up in droves to buy a piece of the Valley’s wealthiest ZIP codes

By Angela Gonzales | Phoenix Business Journal

Demand for luxury homes skyrocketed during the Covid-19 pandemic, leaving few empty lots for homebuilders who want to capitalize on the hot market in the Valley’s wealthiest ZIP code.

That ZIP code — 85253 — primarily makes up the enclave of Paradise Valley in the northeast Valley known for its large lot sizes and where many celebrities and professional athletes call home.

The exclusive area is desirable for one simple reason, said luxury real estate agent Scott Grigg: “Quality of life.”

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May 9, 2022

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Buyers still lining up in droves to buy a piece of the Valley’s wealthiest ZIP codes

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Buyers still lining up in droves to buy a piece of the Valley’s wealthiest ZIP codes

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