In the News
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Paradise Valley estate with giant basement entertainment zone listed for $11.975M
May 31, 2026 — Aspen Dev Co. has listed its fourth Paradise Valley luxury spec home for $11.975 million, adding a newly built 10,533-square-foot estate featuring a 3,000-square-foot entertainment basement and resort-style wellness amenities. Despite elevated luxury inventory levels, recent sales activity has improved, with J. Andrew Turley noting that Paradise Valley’s housing supply has declined from 10 months to 8.18 months over the past year as affluent in-migration continues to support demand. Turley expects Arizona’s luxury market to remain on a long-term growth trajectory, driven by sustained wealth creation, population growth, and continued investment in the regional economy.
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LA designer lists $15.8M Paradise Valley estate, her second project in the area
May 24, 2026 — Los Angeles designer and developer Erinn Valencich has listed her second Paradise Valley luxury estate for $15.8 million, continuing a growing trend of nationally recognized design talent relocating and investing in Arizona’s high-end housing market. The newly completed 9,126-square-foot residence follows the successful sale of her first Paradise Valley project for $12.3 million earlier this year and reflects sustained demand for bespoke luxury homes. J. Andrew Turley noted that Valencich’s distinctive design approach and relocation to Arizona further strengthen the Valley’s reputation as one of the nation’s premier luxury residential markets, attracting top architects, designers, and developers.
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New employers, residents are redefining Phoenix's hot housing corridors
Apr 27, 2026 — Phoenix’s long-term growth outlook remains exceptionally strong as expanding employment corridors, major semiconductor investments and sustained population growth continue to drive demand for housing across the region. The metro is projected to require approximately 300,000 new housing units, with major master-planned communities emerging from Queen Creek to Buckeye and the West Valley expected to capture much of the future growth. J. Andrew Turley, president of Phoenix Valuations, noted that developable land is becoming increasingly scarce, particularly in luxury markets, while Phoenix’s diversified economy and ongoing in-migration continue to support long-term real estate demand and value growth.
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Mansion on Paradise Valley's most prestigious street sells for $20.9M
Mar 8, 2026 — A newly built 11,626-square-foot Paradise Valley estate on Casa Blanca Drive sold for $20.9 million in an all-cash transaction, underscoring continued demand for premier luxury properties in Arizona’s most sought-after neighborhoods. The sale adds to a growing list of high-end transactions along the prestigious Casa Blanca corridor, where 12 properties have sold above $8 million in the past three years. J. Andrew Turley, president of Phoenix Valuations, highlighted the area's unmatched combination of mountain views, luxury amenities, top schools, employment access and long-term desirability, reinforcing its position as one of the Valley’s most valuable residential enclaves.
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Price drop: Luxury estates priced under $5M offer 'sweet spot' for bargain hunters
Feb 28, 2026 — Metro Phoenix luxury homes priced between $1 million and $5 million are experiencing increased price reductions as higher mortgage rates and expanded inventory create opportunities for buyers. Market participants report that the sub-$5 million segment remains interest-rate sensitive, while ultra-luxury properties above $10 million continue to see stronger demand and more cash transactions. J. Andrew Turley, president of Phoenix Valuations, noted that the market is repricing toward more balanced conditions, but Arizona’s continued leadership in wealthy inbound migration, job growth and economic expansion supports a positive long-term outlook for luxury housing demand.
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Custom home with Superstition Mountains views sells for record-breaking price in Apache Junction
Feb. 22, 2026 — A custom estate on 7.44 acres in Apache Junction sold for a record-setting $3.45 million, establishing the highest residential sale ever recorded in the city and highlighting growing demand for luxury properties beyond Scottsdale and Paradise Valley. The sale reflects increasing interest from affluent buyers seeking expansive land, privacy, unobstructed mountain views, and lifestyle-oriented locations with fewer restrictions, including communities without homeowner associations. According to J. Andrew Turley, president of Phoenix Valuations, continued high-net-worth migration, access to outdoor recreation, and the area's unique combination of privacy and scenic amenities are helping elevate luxury home values throughout Apache Junction and neighboring Gold Canyon.
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Billionaire's Row compound resurfaces with $35M listing Share Share Share Print Add News Unlock URL Order Reprints Gift this Article
Feb. 8, 2026 — A prominent 9-acre Paradise Valley compound on Billionaire’s Row has returned to the market for $35 million, less than a year after selling for $30 million, highlighting continued strength in Arizona’s ultra-luxury segment. J. Andrew Turley, president of Phoenix Valuations, described the property as one of the premier residential sites in Arizona and noted that the ultra-luxury market above $12 million is experiencing a “watershed moment” fueled by accelerating migration of high-net-worth individuals. Growing demand for large estate properties in Paradise Valley and Scottsdale continues to support record land values, strong buyer activity, and optimism for the luxury market entering 2026.
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Cash buyer snags Paradise Valley lot for highest price paid in Arizona this year
Feb. 3, 2026 — A 4.75-acre Paradise Valley estate parcel sold for $14.3 million cash, establishing the highest-priced land transaction in Arizona so far in 2026 at approximately $3.01 million per acre. J. Andrew Turley, president of Phoenix Valuations, noted the property is located within one of Paradise Valley’s most coveted luxury enclaves, featuring exceptional Camelback Mountain views and surrounded by numerous estates valued above $35 million. The sale highlights continued strength in the ultra-luxury land market, where affluent buyers remain willing to pay record prices for premier locations with long-term redevelopment potential.
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Cup of joe with a pro: Where this Phoenix appraiser and developer sees value-add opportunities
Jan. 15, 2026 — J. Andrew Turley, President of Phoenix Valuations and owner of Turley Fervor LLC, highlighted the continued strength of Greater Phoenix’s luxury housing market, emphasizing that premium land, architectural quality, and irreplaceable locations remain the primary drivers of value. Turley noted increasing activity in the $6 million to $16 million segment, supported by growing buyer confidence, lower borrowing costs, and continued wealth migration into Arizona’s premier luxury enclaves. He also observed evolving design preferences, with affluent buyers increasingly favoring warm, timeless architectural styles over the ultra-modern aesthetic that dominated the market during the previous cycle.
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Arizona sees surge in ultra-luxury home sales above $18 million
January 4, 2026 — Arizona’s ultra-luxury housing market has entered rarefied territory, with six homes selling above $18 million in the past 12 months, despite only 20 such sales occurring statewide in history. J. Andrew Turley, president of Phoenix Valuations, attributes the surge to accelerated wealth migration and a growing preference for resort-caliber architecture, privacy, and lifestyle amenities in Paradise Valley and Silverleaf. Turley emphasized that these properties are selling faster than historical norms because they combine elite design, irreplaceable view corridors, and best-in-class execution. He characterized the trend as a structural shift in Arizona’s luxury market rather than a short-term anomaly.
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Phoenix luxury real estate shifts with unprecedented price reductions
December 7, 2025 — Metro Phoenix’s luxury housing market is resetting, with a record 33.6% of homes priced above $5 million taking price reductions as buyer scrutiny intensifies. J. Andrew Turley, president of Phoenix Valuations, notes that while luxury fundamentals remain strong, the era of effortless $1,400–$2,000 per-square-foot pricing has ended, especially outside the most premier streets and designs. The shift reflects a move toward disciplined pricing and a more balanced, buyer-aware luxury market.
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How a development duo is approaching high-end home renovations in PhoenixNew List Item
October 23, 2025 — Andrew Turley and Mark Cox are debuting their first high-end renovation projects in Paradise Valley and Phoenix, targeting luxury buyers with design-forward upgrades and disciplined pricing strategies. Leveraging Turley’s appraisal expertise and Cox’s construction oversight, the duo expanded and modernized two dated properties with resort-style amenities, premium finishes, and market-driven features aimed at fast absorption. The projects underscore a broader trend of repositioning older luxury homes as land and entry costs surge across Phoenix’s top-tier neighborhoods.
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Ayton's old 'UFO house' gets luxurious makeover, hits market at $8.2M in Paradise Valley
October 12, 2025 — A former Deandre Ayton-owned Paradise Valley home, once nicknamed the “UFO house,” has been completely rebuilt and is now listed for $8.2 million following an extensive luxury redevelopment. J. Andrew Turley and his team at Turley Fervor LLC acquired the property for $2.55 million in 2023, razed the outdated circular design, expanded the footprint by 1,600 square feet, and delivered a 7,660-square-foot modern estate with resort-style amenities. Priced deliberately at market, the project reflects both Turley’s appraisal expertise and continued strength in Paradise Valley’s ultra-luxury residential market.
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Arizona developer lists former home of NBA's Deandre Ayton after overhaul, seeks $8.2 million
October 9, 2025 — The former Paradise Valley home of Deandre Ayton has been completely reimagined and relisted for $8.2 million following a near–ground-up redevelopment. The project was led by J. Andrew Turley, whose firm Turley Fervor LLC expanded the home from 6,074 to 7,660 square feet and repositioned it as a modern, resort-style estate. Turley emphasized disciplined pricing and execution, noting the strategy was to hit the market at a realistic level to ensure liquidity rather than chase aspirational pricing in a shifting luxury environment.
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$7.25M Bali-inspired mansion hits market in exclusive Tempe enclave
September 28, 2025 — A newly built, Bali-inspired estate in Tempe’s exclusive Circle G Ranches has hit the market for $7.25 million, signaling a new pricing frontier for the city’s luxury segment. J. Andrew Turley, president of Phoenix Valuations, notes that Circle G Ranches has long been the East Valley’s premier enclave, with top-tier design and engineering typically commanding $500–$750 per square foot as luxury demand in southeast Phoenix gains momentum. The listing underscores Tempe’s emergence as a viable alternative to Paradise Valley and Scottsdale for ultra-high-end buyers.
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Homes.com: Just how expensive is Arizona's most sought-after residential dirt?
August 18, 2025 — Paradise Valley is seeing record-breaking land deals as affluent buyers and developers drive Arizona’s luxury dirt prices to rival Beverly Hills and Aspen. A 1.3-acre Silver Sky parcel sold in just two days for $5 million, fueling demand for ultra high-end custom builds and spec homes. J. Andrew Turley of Phoenix Valuations reported $100 million in Phoenix lot sales over the past year, with average deals surpassing $3.3 million, underscoring that wealth creation and scarcity of true vacant land are pushing values and urgency to historic levels.
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Phoenix Business Journal: Tempe's priciest listing: $10M luxury estate combines rural charm, urban vibe
August 2, 2025 — Tempe has hit a milestone with its priciest residential listing ever: a newly built $10 million luxury estate in Tally Ho Farms. The 8,500-square-foot home sits on 1.65 irrigated acres with four bedrooms, seven bathrooms, a 1,000-bottle wine cellar, observatory-style flex space, and approved plans for a guest house. J. Andrew Turley, president of Phoenix Valuations, noted the $1,176 per-square-foot ask rivals pricing in Arcadia, North Scottsdale, and Paradise Valley, far above Tempe’s historic record of $4.3 million.
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The Carol Royse Real Estate Show | Special Guest: Andrew Turley of Phoenix Valuations
June 8, 2025 — Andrew Turley of Phoenix Valuations joined the show with fresh insights on Arizona’s real estate market, highlighting booming luxury demand, waning institutional investment, and rising interest rate impacts. He emphasized the power of accurate appraisals and noted exciting regional shifts across the Phoenix Metro. Listen to the full interview to gain new insights on the latest luxury real estate dynamics.
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Phoenix Business Journal: Luxury home with 'man cave,' mountain views among 5 Valley spec projects in works
May 30, 2025 - A $15 million spec estate in Paradise Valley with a wellness center, collector car “man cave,” and Mummy Mountain views is one of five luxury projects underway by appraiser-developer J. Andrew Turley. Turley, overseeing his largest slate yet, says Arizona is experiencing a “watershed moment” driven by wealthy migration, top-tier amenities, and architectural growth. Backed by trusted partners, he sees the 2020s as the decade Arizona matured into a national luxury real estate leader.
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Phoenix Business Journal: Phoenix home prices show modest growth as market returns to normal conditions
May 27, 2025 — Phoenix home prices rose 1.92% annually in March, signaling a “return to normal” market conditions with steady sales of well-priced homes and elevated land values, particularly in Paradise Valley. J. Andrew Turley of Phoenix Valuations noted improved stability after early-spring economic uncertainty, projecting values could shift between ±4% over the next year, supported by a strong economy and wealthy in-migration. Luxury demand remains resilient, with consistent $3M–$6M activity, rising cash purchases, and agents calling today’s climate a healthy recalibration where professionalism and pricing strategy drive outcomes.
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Phoenix Business Journal: Gilbert estate with go-kart track, underground shooting range lists, again, for $20M
April 13, 2025 - A 9,326-square-foot Gilbert estate featuring a spa, go-kart track, underground shooting range, and entertainment facility has been relisted for $19.995 million, the town’s highest-ever listing. Originally built for MLB All-Star Andre Ethier and later expanded by Jeffry Sawyer, the property’s ultra-luxury scale makes it rare for the East Valley, where such estates take longer to sell. J. Andrew Turley of Phoenix Valuations noted that with only six sales above $5 million in the past decade, secondary markets like Gilbert face slower absorption compared to top-tier luxury hubs such as Paradise Valley and Scottsdale.
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Phoenix Business Journal: Paradise Valley estate with koi pond, athletic field lists for nearly $26M
April 6, 2025 - A newly renovated 15,374-square-foot Paradise Valley estate featuring a koi pond and athletic field has hit the market for $25.89 million, continuing Arizona’s ultra-luxury sales streak. Previously sold for $21 million in 2024, the property underwent extensive seven-figure renovations by Amanda and Vance Williams, who later set a state record with another $32.34 million sale. Luxury appraiser J. Andrew Turley confirmed the market's momentum, noting nine of Arizona’s 30 highest sales occurred in the past year, with Paradise Valley dominating the ultra-luxury segment. The estate exemplifies why high-profile buyers continue flocking to Arizona for its lifestyle, tax advantages, and elite real estate offerings.
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Phoenix Business Journal: Phoenix estate of former US Senator Barry Goldwater listed for $2M
April 4, 2025 - A historic Phoenix estate once owned by U.S. Sen. Barry Goldwater is listed for $2.05 million, while a nearby luxury condo formerly linked to Sen. John McCain is listed for $1.6 million. The 1931 Palmcroft Drive residence, recently renovated, spans over 4,100 square feet and also housed former Arizona Sen. Steve Pierce. The Camelback Road condo, owned by Red Cedar Steel’s Pete Hayes, is located in a full-service high-rise favored by high-profile residents. Luxury appraiser J. Andrew Turley emphasized that Arizona continues to attract elite buyers due to its low taxes, premier schools like Basis, and resort-style amenities that make it a top-tier lifestyle destination.
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Redfin: Pre-listing Appraisal: Should You Get One Before Selling Your Home?
April 2, 2025 - A pre-listing appraisal can help sellers price accurately, reduce surprises, and negotiate with confidence by offering an unbiased, data-backed valuation before going to market. Appraiser J. Andrew Turley of Phoenix Valuations recommends uncovering all unknowns early to avoid mid-negotiation breakdowns, especially for unique or high-end homes. While not always necessary, it’s a smart move in fluctuating markets, for custom properties, or when comps are scarce—making it a valuable edge in a competitive sale environment.
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Phoenix Business Journal: Solar-powered Valley estate with NBA-grade basketball court sold for $15M cash
April 1, 2025 - A solar-powered 10,051-square-foot estate in Paradise Valley featuring an NBA-grade basketball court and two guest houses sold for $15 million in cash. Custom built in 2022 by multifamily investors Cristian and Magdalena Covaciu, the home includes 10 bathrooms, garages for over 20 cars, and a chef’s kitchen that the buyer plans to further customize. Luxury appraiser J. Andrew Turley confirmed the $8M+ market remains strong, driven by high-net-worth migration and Arizona’s top national rankings in manufacturing and GDP growth.
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Phoenix Business Journal: Phoenix metro named to 10 Top Housing Hot Spots for 2025, Realtors say
December 16, 2024 - Metro Phoenix was named one of the Top 10 Housing Hot Spots for 2025 by the National Association of Realtors, the only Western U.S. metro to earn the distinction. Luxury appraiser J. Andrew Turley attributed Phoenix’s surge to strong job growth, high migration, and booming commercial sectors, predicting 2025 will rival 2021 in market intensity. With inventory building, interest rates moderating, and continued demand from affluent transplants, the region is poised for significant appreciation, especially in the luxury segment.
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Phoenix Business Journal: Newly built estate on Verrado golf course sells for highest price in Buckeye
December 11, 2024 - A newly built 7,215-square-foot estate on Verrado Founder's Golf Club sold for $4.2 million, the highest residential sale ever in Buckeye. J. Andrew Turley, president of Phoenix Valuations, called it “a marvel for the west side,” noting the home’s elevated site and commercial-grade construction. Turley said the engineering and planning took over 2.5 years, reflecting the home’s rare quality and view orientation.
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Phoenix Business Journal: Here are the Valley's highest-priced luxury home sales so far in 2024
October 6, 2024 - Metro Phoenix’s luxury home market surged through Q3 2024, with 21 homes selling above $10 million and a record $32.39 million estate topping Arizona’s all-time high. All top sales occurred in Paradise Valley and Scottsdale, underscoring the region’s dominance in ultra-luxury real estate. J. Andrew Turley credited the momentum to strong job growth, high-net-worth migration, and major tech investment, noting these fundamentals are driving unprecedented demand and price resilience in both luxury and rental sectors.
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Phoenix Business Journal: Sale of newly built Paradise Valley mansion sets new Arizona record
August 30, 2024 - Joshua Peters, founder of Stately Development, recently set multiple real estate records in Paradise Valley. He co-developed and sold a 15,516-square-foot mansion for $32.39 million, marking the most expensive residential sale in Arizona history.J. Andrew Turley, president of Phoenix Valuations, noted that while one sale doesn't redefine the market, it has raised the threshold for luxury properties.
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Phoenix Business Journal: Matson Money CEO sells Paradise Valley mansion on billionaire's row for record $21 million
August 28, 2024 - Mark Matson, CEO of Matson Money, has sold his Paradise Valley mansion for a record-breaking $20.975 million in an all-cash deal, the highest-priced residential sale in Arizona for 2024. President of Phoenix Valuations, Andrew Turley has appraised the $20.975 million Paradise Valley estate on multiple occasions. Turley highlighted the home’s prime location in the exclusive "Billionaire’s Row". He noted the rising value of real estate in the area, where land prices have roughly doubled since 2020, further elevating Paradise Valley’s status in the luxury residential market.
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Phoenix Business Journal: Land prices are soaring in the Valley's luxury market. Here's where values are headed
August 25, 2024 - Andrew Turley, president of Phoenix Valuations, has been closely tracking the skyrocketing land prices in Arizona's luxury markets. His research reveals that land prices in areas like Paradise Valley and Arcadia have doubled over the past three years. Despite higher mortgage rates, the luxury market remains strong, with two-thirds of buyers paying in cash.
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Phoenix Business Journal: Newly built Paradise Valley luxury estate sold for huge price
August 20, 2024 - Phoenix Valuations President Andrew Turley noted that the recent $18.75 million sale of a Paradise Valley estate at $1,808 per square foot highlights the strength of Arizona's ultra-luxury market, which continues to see robust demand. Sold in an all-cash deal, this transaction reflects the increasing momentum in the luxury home market, as Paradise Valley remains a hotspot for high-end real estate development.
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Phoenix Business Journal: Why housing prices are on the rise in metro Phoenix
July 30, 2024 - Metro Phoenix saw home prices increase by 4.4% in May. J. Andrew Turley, president of Phoenix Valuations, highlighted the strength of Phoenix's housing market, attributing it to solid bank underwriting standards and high FICO scores. Despite higher mortgage rates, Turley emphasized that the housing market in Phoenix remains fundamentally strong due to sound lending practices.
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Phoenix Business Journal: Silverleaf estate in Scottsdale sold for highest price in Arizona so far in 2024
July 28, 2024 - A Modern Mediterranean estate in Scottsdale’s Silverleaf community sold for a record $17 million, the highest home sale in Arizona so far in 2024. J. Andrew Turley, president of Phoenix Valuations, confirmed the sale as the largest of the year, highlighting the strength of the luxury market despite the typically quieter summer months.
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Phoenix Business Journal: Mortgage lender Newrez to cut 73 workers in Tempe
July 9, 2024 - Andrew Turley, president of Phoenix Valuations, noted a steep decline in mortgage appraisals due to rising interest rates, leading to industry-wide downsizing and business pivots. Experts predict more mergers, acquisitions, and layoffs as the mortgage industry faces ongoing instability.
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Phoenix Business Journal: Renovating your mansion? Recycle those building materials and get a six-figure tax break.
June 10, 2024 - J. Andrew Turley said the following, "The program, from an earth forward/good steward of the planets/finite resources standpoint is incredible," Turley said. "And then on top of that the tax credit just adds additional beneficiary aspects to the homeowner using the program."
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Phoenix Business Journal: Historic 7-acre Camelback Mountain property listed for $15.65M (photos)
May 12, 2024 - “J. Andrew Turley, president of Phoenix Valuations who appraises luxury homes, said the 85018 ZIP code, which borders Paradise Valley, is becoming more popular. There is certainly a shift in wealth going on in the region, considering the well-known Paradise Valley ZIP code 85253 is no longer the wealthiest enclave in the market.”
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Phoenix Business Journal: Why this north Scottsdale ZIP code surpassed Paradise Valley in household wealth
May 5th, 2024 - “This inbound wealth shift is accelerating as more people relocate to Scottsdale from Southern California, Chicago, New York City, Seattle and Portland, Oregon, said J. Andrew Turley, president of Phoenix Valuations, which appraises luxury properties.”
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Phoenix Business Journal: Two new architect-driven luxury properties listed in Desert Mountain
April 14th, 2024 - There have only been nine sales in Desert Mountain above $9 million on the Arizona Regional Multiple Listing Service market within the last seven years, Turley said. Of those, eight sales closed within the last five years.
"Just because the sales volume historically above $9 million is low, it does not mean this market lacks the inventory that would command a price above at this highwater mark," he said. "It's just a matter of time before homes in Desert Mountain successfully close above $9 million semi-regularly."
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Phoenix Business Journal: Easy Ice founder lists Desert Mountain home, now commuting by plane from Flagstaff
March 24th, 2024 - “It's incredible to see the level of execution and foresight into the remodel and modernizing of this house ... taking an old and tired outdated home built in the early 1990s and made the estate feel as though it was built today," Turley said. "It was an incredible job by the general contractor and the interior design team.”
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Phoenix Business Journal: Metro Phoenix luxury home prices push higher into the stratosphere as wealthy movers keep coming
March 10th, 2024 - "I believe we are at an inflection point in the upper echelon of the luxury space where we may indeed see a new stratospheric price threshold pushed higher," said Andrew Turley, president of Phoenix Valuations, a sought-after appraiser of luxury residential properties.
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Phoenix Business Journal: Home prices headed back up in metro Phoenix
January 30th, 2024 - "As the market has not 'gone off a cliff,' I think people psychologically are thinking: 'OK, the fundamental underwriting is strong, values aren't rapidly depreciating, rates will likely not go back to 2%-3% in the near future, now might be a good time to buy heading into a year where rates will likely trend down over time," Turley said.
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Phoenix Business Journal: Phoenix ranks among major US cities where residents are most 'house rich'
November 22, 2023 - The U.S. Census data shows metro Phoenix is the No. 2 destination in the U.S. for migration patterns for "high net worth" households, second only to South Florida, said J. Andrew Turley, president of Phoenix Valuations.
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Phoenix Business Journal: Missed the buyer's market last year? You may get a second chance at home ownership
November 7, 2023 - On average, homes are sitting and taking longer to sell, said J. Andrew Turley, president of Phoenix Valuations. "We are definitely seeing pressure on the average days on market metrics," he said. "Average days on market is up 20% to 30% in the last four to six months."
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The Carol Royse Real Estate Show | Special Guest: Andrew Turley of Phoenix Valuations
October 1, 2023 - The Carol Royse Real Estate Show sat down with Andrew Turley of Phoenix Valuations to discuss the luxury market in Arizona. Listen to the full interview to gain new insights on the latest luxury real estate dynamics.
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Uncovering Arizona's Best-Kept Secret Home I ANDREW TURLEY I LET'S TALK DEVELOPMENT
September 29, 2023 - Andrew sat down with the podcast Let’s Talk Development with Max and Patrick to get real about what drives real estate value. Listen to the full episode on Apple Podcasts or watch it on Youtube.
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Phoenix Business Journal: Valley sees a steep drop in investor homebuying, report says
September 6, 2023 - Andrew Turley, president of Phoenix Valuations, discussed the latest drop in investment home buying with the Phoenix Business Journal.
Andrew Turley said that the recent trends regarding investor property owners is "helping with increasing our inventory levels, which is much needed as 67% of all Arizonans have a mortgage rate of below 4% and these homeowners are resistant to selling and entering the 7-8% interest environment." Read the full article to learn more.
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Here's something Phoenix hasn't heard in a while: Home prices show signs of stability
August 29, 2023 - The Phoenix Business Journal is out with the latest on Phoenix’s real estate dynamics with insights from Andrew:
Andrew Turley, president of Phoenix Valuations, said a luxury home in a good location — near retail, well-rated schools, employment and recreation options — will sell quickly if it's priced relatively competitively.
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Phoenix Business Journal: Vacant land parcel in Paradise Valley sold for record $7 million cash
June 2, 2023 - Buyer snags a land parcel for a record $7M with plans to build a personal home that has views of Camelback Mountain and Mummy Mountain.
Andrew looked at the most recent land sales in Paradise Valley said “Not being involved in the transaction, as a bona fide land sale, this is likely the highest dollar per acre sale in all of Paradise Valley," he said. "Truly unbelievable price metric. The broker/agent did a great job for their client."
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As Valley home prices lag behind US rebound, experts offer insight behind the numbers
May 30, 2023 - Check out the latest from the Phoenix Business Journal: “The market is experiencing somewhat of a reset as a result of the run-up in prices from 2020 to the spring of 2022, said Andrew Turley, founder of Phoenix Valuations and a luxury developer.
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Phoenix Business Journal: Purchased from actor Rob Schneider, this renovated Scottsdale home is now on the market
May 10, 2023 - We basically redid everything except the shell of the house," said Turley, president of Phoenix Valuations. "We re-engineered all the openings. We wanted it to be a custom house." One of the hallmarks of a home with the highest price point per square foot is the amount of natural light that penetrates the whole space, Turley said. Ripping out the old standard Arcadia sliding door, Turley installed a $60,000 10-foot high stacking door system to create an indoor/outdoor entertainment area.
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Phoenix Valuations Consultation Project
We’re proud to partner with our capital partners to help develop custom luxury homes in the Phoenix area. Our latest project was this 5,000 square foot property situated in Windgate Ranch.
We often work with developers and private equity clientele to consult on exit strategies, map out expectations on return, capital expenditures, report on costs and timing for projects.
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The Carol Royse Real Estate Show: Special Guest Andrew Turley
May 21, 2023 - Check out the latest insights from Andrew on The Carol Royse Real Estate Show where he sits down with Carol & Vikki to discuss all things luxury real estate, complex appraisals and Arizona’s market nuances.
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Phoenix appraiser's research reveals land value price differences within Paradise Valley
A highly regarded appraiser has mapped out land values in one of Arizona's premier luxury real estate markets. The "Monopoly" board game was his inspiration. He found that there are seven distinct pricing submarkets within the 85253 ZIP code.
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Appraising a 'Monet'
We had the opportunity to appraise the David and Gladys Wright House located in the Arcadia neighborhood in Phoenix, Arizona a few years back.
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Location, Location, Location: Real Estate is Hyper Local
For those who are familiar with Paradise Valley, they know it is one of Arizona’s premier luxury real estate markets. But Paradise Valley is not a singular market. In fact, each neighborhood or borough in Paradise Valley acts as a submarket and has unique factors that determine its market value. Why? Because real estate is hyper-local.
April 11, 2023
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Exclusive event with High Place Mortgage
Come join us for a special event with High Place Mortgage on April 4th, 2023 from 1pm-2pm. Learn about the seven distinctive “boroughs” of Paradise Valley, the pricing trends and current conditions in the luxury market. Get expert insights on how to get the best out of your investment in this beautiful area. Visit our instagram page for more details in how to get your invitation!
April 3, 2023
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Phoenix Business Journal
Phoenix Valuations' President Andrew Turley, a developer of luxury homes was mentioned in the Phoenix Business Journal, “Is cash still king in metro Phoenix? Here’s how Valley compares for all-cash home sales”
March 14, 2023
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$75 Million Luxury Estate Coming to Paradise Valley, Arizona
More luxury real estate is coming to Arizona. Read more about the exciting new property in the latest Wall Street Journal article.
February 27, 2023
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Phoenix Metropolitan Economic Conditions
Phoenix Valuations’ monthly blog capturing national and local trends impacting the real estate and appraisal market
February 8, 2023
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High Place Mortgage Q&A Session
I had the honor of presenting alongside Brent Nardecchia, Co-Founder and CEO of High Place Mortgage, at a coffee and Q&A session. We covered topics ranging from market conditions, appraisal valuations, creative loan programs and more.
January 20, 2023
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Phoenix Business Journal
Homepoint laying off Arizona employees amid high mortgage interest rates
November 22, 2022
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Phoenix Business Journal: Developer buys prime Paradise Valley land, aims to build $25M luxury estate
July 7, 2025 — A partnership led by Frank DiMaggio of MDF Development acquired a 1.26-acre Paradise Valley lot for $5.1 million, with plans to build a 9,000–10,000-square-foot spec estate priced at $25 million. The property boasts rare, unobstructed views of Camelback Mountain’s north face from a flat yet elevated site, which J. Andrew Turley, president of Phoenix Valuations, called one of the most iconic and valuable vantage points in Arizona. Featuring luxury amenities such as a wine room, wellness center, negative-edge pool, and detached casita, the estate is positioned to command a premium in the Valley’s booming ultra-luxury market.
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Phoenix Business Journal
How these two luxury Valley homes sold during a cooling housing market
November 21, 2022
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Real Estate Rumble Podcast
Ep. 2 - The One with Andrew Turley and Kathleen Mcdowell
August 2022
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Forbes Global Properties RETSY
Phoenix Valuations' President Andrew Turley joined a group of speakers at the Forbes Global Properties RETSY Monthly Round Up to discuss dynamics between appraisers and agents, how to get the most value on your home and how to set yourself up for success when working with an appraiser.
October 2022
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Solidifi Magazine
Blending Two Worlds