Phoenix
Price: $1.695 million
Bedrooms: 5
Baths: 3
Square feet: 4,027
Description: The bust hit Phoenix hard and prices dropped more than 50%. That pulled many million-dollar homes below that threshold, contributing to a big decrease in the number sold.
Bedrooms: 5
Baths: 3
Square feet: 4,027
Description: The bust hit Phoenix hard and prices dropped more than 50%. That pulled many million-dollar homes below that threshold, contributing to a big decrease in the number sold.
Prices continued to fall through 2010, but the bargains have brought out the buyers. As a result, sales of high-priced homes finally increased last year, according to DataQuick.
This Spanish colonial is big and sits on an acre lot. It comes with a security system, pre-wired surround sound, formal dining room and an extensive master suite.
The acre yard is landscaped with desert-loving plants and there's a beautiful swimming pool. It's located in Arcadia, one of the area's best neighborhoods.
For further info: Trulia
NEXT: McLean, Va.
Last updated March 22 2011: 11:04 AM ET
