Navi Title Agency

Paradise Valley, AZ

Single-Family Homes

Here is your weekly Market Update!



Paradise Valley, AZ

Sat Jun 10 2023
This week the median list price for Paradise Valley, AZ is $4,999,999 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 106. Click here to stay informed with the Paradise Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Paradise Valley, AZ

Sat Jun 10 2023
This week the median list price for Paradise Valley, AZ is $4,999,999 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 106. Click here to stay informed with the Paradise Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Paradise Valley market.
Median List Price $4,999,999
Median Price of New Listings $6,747,500
Per Square Foot $869
Average Days on Market 148
Median Days on Market 77
Price Decreased 48%
Price Increased 1%
Relisted 6%
Inventory 106
Median Rent
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$10,247,500 8,076 1 - 2.5 acres 6 6.8 7 3 2 129
$6,222,500 7,122 1 - 2.5 acres 5 6 16 2 4 91
$4,498,800 5,220 1 - 2.5 acres 5 5 30 2 1 42
$2,875,000 4,329 1 - 2.5 acres 4 3.5 47 1 5 77