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February’s Measured Momentum at Camelback Tower

February often carries a quieter confidence—a month where momentum steadies, intentions take shape, and the market reveals its true depth. At Russ Lyon Sotheby’s International Realty, February 2026 at Camelback Tower at The Phoenician reflected exactly that: poised, purposeful activity within one of Scottsdale’s most distinguished residential addresses.

Following January’s remarkable surge, the luxury market did not retreat. Instead, it refined. Buyers remained deliberate and discerning, recognizing the rarity of opportunities within Camelback Tower. Sellers, equally strategic, continued to benefit from strong positioning in a community defined by architectural sophistication, elevated service, and panoramic views at the base of Camelback Mountain.

Throughout February 2026, five notable residences closed, with sales ranging from approximately $2.60 million to $3.15 million. Closings occurred consistently from February 4 through February 27—demonstrating sustained demand and continued confidence in the premier lock-and-leave lifestyle offered at The Phoenician.

These transactions were once again guided by a highly experienced Russ Lyon Sotheby’s International Realty advisory team, including Karina Rodriguez, Dave Purpora, Leslie Jenkins, Joe Bushong, Chad Christian, Grant Almquist, and Beth Spivey, with Karen Nychay and Kaycee Desmarteau representing buyers on select residences. Their collective expertise, collaborative approach, and deep familiarity with the nuances of Camelback Tower continue to ensure seamless representation at every level of the transaction.

February 2026 Camelback Tower Closings:

4849 N Camelback Ridge Road | A404
4849 N Camelback Ridge Road | B302
4849 N Camelback Ridge Road | B105
4849 N Camelback Ridge Road | B206
4849 N Camelback Ridge Road | A104

Each closing represents more than a transaction—it reflects trust, strategic negotiation, and the enduring appeal of a lifestyle that blends privacy, luxury, and world-class amenities.

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