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Arcadia Arizona Luxury Homes Increase in Value

Real Estate Agents, Agencies & Property Sales

Updated on Apr 12, 2013

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When it comes to Phoenix luxury real estate, the Arcadia neighborhood is a hot ticket.

The east phoenix neighborhood of Arcadia, nestled in the shadows of Camelback Mountain, offers upscale, old-world charm in the center of town. Luxury homes in Arcadia offer a variety of architectural styles, large lots, and exceptional access to area amenities. The best news of all is that the luxury home values in Arcadia are escalating rapidly.

Arcadia luxury homes have enjoyed long-term value stability, even through the recent economic challenges. Today, Arcadia benefits from the best of Arizona’s increasing luxury home values. The reason for this sustained appreciation is a little bit common sense and a lot of style.

The majority of Arcadia’s homes have been custom built and few lots in the neighborhood are smaller than half an acre (some up to five acres!). Built among former citrus groves, Arcadia luxury properties are lush and green, reminiscent of an era long past. With all this visual appeal comes easy access to shopping, dining, and entertainment.

Recently, the Phoenix Business Journal wrote that, overall, luxury homes in the Valley are recovering at a slower pace than other real estate, but that’s not the case in Arcadia. Arizona is enjoying a resurgence in real estate values in lower price points; however, for property owners in Arcadia, luxury home values are benefitting from a robust rate of growth.

Now for the last bit of good news for those in the market for Arcadia luxury homes… Unlike other market sectors, there is ample inventory to be had right now. With the Valley’s real estate market experiencing a chronic supply problem, the luxury home market has lots to offer.

With all this good news however comes the realization that, with Arcadia’s luxury home values increasing across the board, this is as good as it’s likely to get for a while. If you are in the mood to buy, you may want to act quickly so that you too can benefit from these rising values. The quality and accessibility of Arcadia is unrivaled in the Valley, making its desirable nature very understandable.
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