The boom in luxury home sales has been a hot topic most of the year for The Cromford Report, a leading analyst of the Valley’s housing market.

But last month it had a stunning report on how that boom ahs played out in Scottsdale:

In dollar volume, homes sold in Scottsdale in September exceeded the total value of all homes sold in Phoenix.

“Although fewer than half as many homes have sold in Scottsdale, they are more than twice as expensive on average and the total dollar volume is” over $6 trillion, the Cromford Report said.

“It is not really necessary to point out that luxury home buyers are different from typical home buyers who make up the vast bulk of our market,” it added. “These luxury buyers tend to focus their sights exclusively on Scottsdale and Paradise Valley (with perhaps

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