A Look into Luxury – 05-12-2024

The luxury home market in Arizona continues to perform well as we transition into the slower season. Since May 1st, an additional 41 homes sold for $3 million or more, bringing the total for the year to 286.

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McCune Mansion

A look into Luxury – April 14th, 2024

This represents a major shift in Arizona’s luxury home market for homes priced at $14 million or above. Let me explain: The best year ever for homes in this price range was 2021, with 7 homes sold, matching the number of homes either under contract or sold in 2024. What do 2021 and 2024 have in common?

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Wild Horses

Metro Phoenix Housing Market Update March 2024

A rise in the inventory of homes for sale provides Buyers with more options but introduces greater competition for Sellers.
Increases in both the Average Sale Price and Price Per Square Foot benefit Sellers, but pose a disadvantage for Buyers.

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