First Integrity Title Market Report

Paradise Valley, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Paradise Valley, AZ

Tue May 20 2025
This week the median list price for Paradise Valley, AZ is $1,023,500 with the market action index hovering around 26. This is less than last month's market action index of 32. Inventory has increased to 46. 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 Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Paradise Valley, AZ

Tue May 20 2025
This week the median list price for Paradise Valley, AZ is $1,023,500 with the market action index hovering around 26. This is less than last month's market action index of 32. Inventory has increased to 46. 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 Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Paradise Valley market.
Median List Price $1,023,500
Median Price of New Listings $420,000
Per Square Foot $478
Average Days on Market 125
Median Days on Market 81
Price Decreased 52%
Price Increased 4%
Relisted 4%
Inventory 46
Median Rent
Market Action 26
Slight Buyer's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$3,250,000 2,502 0 - 4,500 sqft 3 3 7 0 0 70
$1,450,000 1,926 0 - 4,500 sqft 2 2.5 16 0 0 84
$635,000 1,558 0 - 4,500 sqft 2 2 34 0 1 94
$384,950 1,054 0 - 4,500 sqft 2 2 33 1 1 63