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Here’s where Phoenix ranks among luxury real estate markets in U.S.

Arizona’s luxury actual estate market is shaping up to be a document 12 months, notably soon after a house in Silverleaf in Scottsdale bought for $24.one million in September,  setting a document as the best-priced house sale in the state’s historical past. So in which does Phoenix ranks amid luxury actual estate marketplaces in the U.S.?

Pursuing a challenging Spring period, the housing market has at last bounced again, thanks to feverish action throughout the Summer time and the Tumble seasons. Costs have not only held up, but have also continued to develop, with the median listing cost in the U.S. at $350,000, up twelve.2% 12 months-about-12 months in Oct, according to a report by Real estate agent.com. The luxury actual estate market has also experienced a excellent 12 months, as rich people have been considerably less affected by the pandemic. In simple fact, many rich prospective buyers have fled

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