I realize that "luxury" homes, lofts, condos and high rise units mean different things to different people. For this post, I chose the $750,000 price range to begin my search of some really cool homes near light rail. Today, I looked at a search and found 59 homes priced at $750,000 and above available in this "city within cities" that we call the light rail corridor. The highest concentration is near Hayden Ferry in Tempe with several in Phoenix along Central Avenue ranging from gorgeous single family homes to luxurious high rise living.
Here is a partial breakdown of the data of luxury homes near the light rail line:
Active listings priced at or above $750k - 59
Avg, list price $1,173,036 (low, $759.9k - high $3.3 million)
Approximate square foot range: 2,609 sq ft. (low 791 high 5,537)
Average list price per approximate square foot: 504.14(low 188.68 high 1,078.38)
Cumulative days on market: Average 273 days (low 13 day high 924 days)
If you have any questions about the communities along the light rail line, please feel free to contact Nick Bastian - Realty Executives, Tempe AZ via the web or feel free to call us at 602-803-6425 or toll free at 1-888-343-6425. You can also learn more about these communities and about the Phoenix Light Rail system by visiting www.RailLife.com.
Here is an example of some of the cool homes at Hayden Ferry. Let me know if you would like a list of any others.