Joffe Featured in the News Acre Lot in Arcadia Sells for RecordBreaking $4.75 million

Joffe Featured in the News Acre Lot in Arcadia Sells for RecordBreaking $4.75 million

The Arcadia neighborhood has proven its desirability once again with the record-breaking $4.75 million sale for a 1.05 acre parcel. As this property was a part of the original David & Gladys Wright property, it comes with a storied history and prime location. These factors, mixed with the hot market we all have experienced, contributed to the most valuable parcel sale ever in Arcadia's history. With some fierce competition from potential buyers, the purchase of the property had come down to a bidding war - driving the price tag up to $4.75M from the asking price of $4.25M.

Due to how unprecedented this deal was, the Phoenix Business Journal jumped on the story and featured Robert Joffe as the buyer's agent in the deal. The story was carried through to ABC-15 and some other media outlets as well! With a long-running career in the Valley of the Sun, Robert has become the trusted resource for the media in regards to the residential real estate market and the trends that follow.



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