"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 Scottsdale, 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 Scottsdale, AZ, highlighting properties that commanded the highest prices:"
High mortgage rates and limited housing inventory have not stopped demand at the top of the market. Luxury buyers continue to pay premium prices for properties offering exceptional location, large scale, and privacy or exclusivity. Scottsdale, AZ has seen several record-setting sales that illustrate how buyers prioritize lifestyle factors and unique features over financing costs. These high-end transactions concentrate at the very top tier, where rare properties command significantly higher prices compared with the broader market. Scarcity of comparable homes and the allure of prestigious neighborhoods sustain and even elevate luxury valuations.
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