"In a housing market defined by high mortgage rates and tight inventory, the very top of the market is still moving-sometimes at jaw-dropping prices."
"In Phoenix, AZ, recent sales show just how much buyers are willing to pay for location, scale and exclusivity."
"Below are the most expensive home sales in Phoenix, AZ, highlighting properties that commanded the highest prices:"
High mortgage rates and tight inventory characterize the current housing market, yet the luxury segment continues to transact at exceptional prices. The upper end of the Phoenix market is active, with buyers paying premiums for prime location, expansive scale, and exclusivity. Some transactions reached jaw-dropping price points, reflecting strong demand for high-end amenities, large lots, and unique views. The most expensive home sales in Phoenix demonstrate resilience of luxury pricing despite broader market headwinds. Top-tier properties that offer rarity and prestige can command outsized prices even in tighter market conditions.
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