Paradise Valley High End Market Is On The Move

Paradise Valley High End Market Is On The Move

I’m on a plane heading back from a beautiful beach vacation and thinking about how lucky I am to have such a fantastic team by my side to cover for me while I’m away. I have been so fortunate to partner with colleagues that feel more like family than work associates. I’m also once again surprised at how much time was spent talking real estate with our friends while I was away.

My phone habits are always a hot topic on vacation because of how many calls I take. My retort is always the same “I may be on vacation, but my clients are not, and they expect an answer when they call.”

This trip’s reoccurring theme seemed to be high priced homes in Paradise Valley. Everyone was shocked to hear me say how hot the market has been for homes priced over $5,000,000. For quite some time, I’ve been saying it’s been a very difficult market for the exclusive properties because very little has sold, but now it seems buyers are feeling better about the high-end market and willing to pull the trigger. So far this year, there have been 16 homes that have either sold or are in escrow in Paradise Valley for more than $5,000,000. My team and I have sold 25% of those homes! I spend my days feeling pretty proud of what we do, but when I’m able to share news like that in just one of our target markets, I honestly couldn’t be prouder.

There are never any guarantees on how and where the market will swing, but I can guarantee that my team and I will always be one step ahead of the pack with the strongest knowledge base wherever the market takes us. For now, we’re working hard every day, listing and selling in every price range. As for me, I’m already looking forward to my next beach vacation where the phone will once again be attached to my ear.

--Robert