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That pulse is strong, not robust, but offers a healthy prognosis.
I define uber-luxury homes as those closing at $10 million and up. This is somewhat arbitrary, as every real estate market is unique; the dollar threshold for Beverly Hills and Malibu, California, as well as Manhattan and Long Island, New York, would be higher; other areas throughout the country with premium homes would be lower.
Of course, our global Private Client Group team and other local Russ Lyon|Sotheby's International Realty experts in the Paradise Valley and Scottsdale markets sell many luxury homes that close below $10 million. Uber-luxury, however, is the apex of local real estate; often significant sales news stories, they offer qualified buyers the finest locations, acreage, views, architecture, best