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Kierland Commons condo sells - for $3M!

Hello and happy weekend!

We have spent a lot of time recently previewing high-rise condo projects in Phoenix, Scottsdale and Tempe, where base prices often start in the $400 per square foot range.  See our Urban Living page for more details.....

Well, the Phoenix market just had a record set - highest price-per-square foot EVER.  A 2,800 sf corner loft on the second floor of Kierland Lofts sold for $3M - or $1,071.43 per square foot!  This wasn't even the most expensive condo sold this MONTH - that distiction goes to a 4,500 sf penthouse in Landmark at Kierland, which fetched $3.17M! 

For more stats - including how many condos sold for $1M+ in the past year, click HERE for the full article on www.azcentral.com!

This just shows that the high-end condo market remains strong; there are plenty of buyers out there looking to move-down from estates, or that want to live in a thriving community, or that want a luxurious vacation home with essentially no upkeep needed......

Sharon Kotula, ABR
Adam Tarr, e-PRO
Your Phoenix Area Real Estate Source
RE/MAX Excalibur
Scottsdale, AZ
480-483-3333

info@WeAreAZRealEstate.com

www.WeAreAZRealEstate.com

 

 

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