First Integrity Title Market Report

Paradise Valley, AZ

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Paradise Valley, AZ

Sun Mar 07 2021
This week the median list price for Paradise Valley, AZ is $3,650,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 132. 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

Sun Mar 07 2021
This week the median list price for Paradise Valley, AZ is $3,650,000 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 132. 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 $3,650,000
Per Square Foot $607
Days on Market 116
Price Decreased 19%
Price Increased 8%
Relisted 7%
Inventory 132
Median Rent $20,000
Most Expensive $20,000,000
Least Expensive $1,295,000
Market Action 35
Slight Seller's Advantage

The market seems to have paused around its high point. 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
$7,500,000 9,057 1 - 2.5 acres 6 8 12 0 2 133
$4,695,000 7,140 1 - 2.5 acres 5 6 12 2 4 147
$3,295,000 6,583 1 - 2.5 acres 5 6 22 2 2 112
$2,400,000 4,465 1 - 2.5 acres 4 3 37 5 4 77