AZBigMedia.com | What’s driving the Phoenix luxury real estate boom?

December 30, 2021

Above: A 15,000-square-foot home on 17 acres within the Silverleaf community in North Scottsdale sold for a record-breaking $24.1 million in 2020.

As seen in AZBigMedia.com, on December 30, 2021.

In the past, developers tended to build smaller houses to capture a larger audience. However, following two years of the coronavirus pandemic, the story’s a little different. With the new home market booming, all eyes are on larger homes as owners desire more space for working from home. Trevor lists the four hottest areas in Phoenix for luxury real estate and what each city is known for.

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