Friday, February 24, 2006

Do You Have an Extra $5 Million?

The sale of a DC Ranch home for $9.5 million ranks as the third highest ever in the Valley. The almost 11,000 square foot home is located on a 2 acre parcel in Silverleaf. The two top home sales in the Valley were a 2001 house for $10.5 million and a 2005 estate for $11.4 million. Both properties are located in Paradise Valley,

The MLS currently lists 113 properties priced $5 million and above. The most expensive being a $19.9 million estate located on 10 acres with approximately 25,000 square feet of living space. I have posted the listing on my site just in case you are interested in making a record-breaking home purchase.

Now if you find yourself not being able to afford much over say $6 million rest assured. There are 41 homes available today in the $5-$6 million range. There are even a few over 10,000 square feet. Many of these properties are still in various stages of the construction process allowing the buyer to make customizations. All of these properties are able to be viewed by qualified buyers.