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03/31/07
Sales of pricey luxury units get headlines
Filed under: General, Real Estate
Posted by: Lillian Wong @ 5:21 pm

A wave of mid-rise condominiums is spreading across the Valley, with prices for luxury units soaring. Condo towers of up to 13 floors are changing the real estate skyline in some key areas in Phoenix, Scottsdale and Tempe. The elite condo market has been getting headlines for its big-money sales. What started in 2003 with $2.7 million condos at Esplanade Place in the Biltmore area of Phoenix has pushed to nearly $4 million for penthouses at the Scottsdale Waterfront Residences.  More…

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