DAILY REAL ESTATE NEWS | MONDAY, APRIL 11, 2016
Scottsdale, Arizona Among Top 20 Cities For Luxury Living
America’s top cities and ZIP codes for luxury home listings and sales kept a stable pace of growth over the last year, according to Coldwell Banker Previews International’s latest annual Luxury Market Report.
In some pockets across the country, however, luxury sales soared. For example, sales of $1 million-plus homes last year jumped 32 percent year-over-year in Austin, which is seeing a boom in its tech and entertainment industries. Other markets that are seeing large growth include Fort Lauderdale (up 31%) and Seattle (up 30%), according to the report.
Florida earned the top spot as the main destination for real estate’s high-priced segment. Luxury sales posted double-digit growth in Miami, Naples, and Palm Beach. Newcomer areas like Lake Worth and Wellington, also placed in the Top 20 list for $10 million sales for the first time, the report showed.
The following are the 20 top performing cities in the luxury real estate market for $1 million-plus sales, according to the latest report:
- New York, N.Y.: 3,662 (number of listings)
- Miami, Fla.: 1,654
- Miami Beach, Fla.: 1,473
- Naples, Fla.: 1,146
- Park City, Utah: 1,037
- Los Angeles, Calif.: 985
- Atlanta, Ga.: 982
- Scottsdale, Ariz.: 951
- Fort Lauderdale, Fla.: 878
- North Miami Beach, Fla.: 810
- Chicago, Ill.: 735
- Houston, Texas: 696
- Boca Raton, Fla.: 662
- Greenwich, Conn.: 535
- Honolulu, Hawaii: 501
- San Diego, Calif.: 471
- Austin, Texas: 460
- Sarasota, Fla.: 455
- Dallas, Texas: 420
- Santa Barbara, Calif.: 387
If you’re looking to buy real estate in Scottsdale, whether it’s a single-family home or a condo in an amenity-laden high-rise with 24-hour valet and concierge services, or a historic Scottsdale home, we can help you design a lifestyle tailored just for you.
If you like Scottsdale, you’ll probably like Paradise Valley which is situated between Scottsdale and Phoenix. Paradise Valley consists of 16-square-miles of tranquil oasis with large lots, unobstructed mountain views and acre-plus zoning.
For additional information and for a tailored, custom luxury homes search in Scottsdale, Paradise Valley or Historic Phoenix, contact me today.