Metropolitan Phoenix, long known for its affordable new houses on the fringes, has become a magnet for affluent home buyers.
Nearly every suburb of the Valley, from rural Buckeye in the far southwest Valley to the farm community Queen Creek in the far southeast, posted sales of homes with seven-figure prices.
Paradise Valley, Scottsdale and the Biltmore and Arcadia neighborhoods of Phoenix continue to be the hot spots for the Valley’s poshest homes. Nine out of metro Phoenix’s 10 priciest homes are in Paradise Valley. The town hosts the most expensive dwelling: a $26 million estate with more than 31,000 square feet of space.
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Real Estate » Valley has wealth of luxury homes // February 21, 2008 at 6:41 am |
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