A new record sale for Paradise Valley closed on April 18th for $21 million. This surpassed the previous Paradise Valley high mark of $20.9 million in October 2020 for a home in the same neighborhood. Situated on one of the most commanding homesites in the Cameldale community, this 15,736-square-foot grand estate sits on 4.27 acres [...]
Phoenix area home prices are up an average of 10% from this time in 2019, and selling in an average of 10 days, making Phoenix the hottest real estate market in the country. Supply and Demand The issue is simply a matter of supply and demand as inventory remains at record lows down 27.8% [...]
The record for the priciest home sale in Arizona has been broken, again. A Canadian buyer has plonked down $17.5 million for a 20,000-square-foot mansion in north Scottsdale’s exclusive Silverleaf neighborhood. Buyer Nummus Properties, a Saskatchewan corporation, paid cash for the estate, according to public real estate records. The house is situated on four [...]
