Sale of Luxury Scottsdale Waterfront Penthouse Tops Comps

Scottsdale Real EstateLast week Brandon Boldrini of the HomeSmart Elite Group sold his listing at the Scottsdale Waterfront Residences for a record price of 3 million dollars in the Scottsdale real estate market. This penthouse boasts over 3700 square feet and set the highest price per square foot of luxury condos to over 800 a square foot this year. The last Scottsdale Waterfront penthouse sold in 2014 for under $650 a square foot. Brandon commented that “this wasn’t being marketed directly through the Arizona MLS so it was a little more difficult than your average sale” but with his repetitive drive in marketing the penthouse that he acquired his own buyer which in turn sold the his listing. He as acquired more luxury properties such as this one and says that he will probably acquire more.