First Integrity Title Market Report

Paradise Valley, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Paradise Valley, AZ

Fri Mar 28 2025
This week the median list price for Paradise Valley, AZ is $1,186,500 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has increased to 38. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Paradise Valley, AZ

Fri Mar 28 2025
This week the median list price for Paradise Valley, AZ is $1,186,500 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has increased to 38. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Paradise Valley market.
Median List Price $1,186,500
Median Price of New Listings $0
Per Square Foot $474
Average Days on Market 122
Median Days on Market 46
Price Decreased 47%
Price Increased 0%
Relisted 5%
Inventory 38
Median Rent
Market Action 33
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$4,499,500 3,016 0 - 4,500 sqft 3 3.5 7 0 1 49
$1,475,000 2,065 0 - 4,500 sqft 2 2.5 16 0 1 35
$762,000 1,747 0 - 4,500 sqft 3 2 35 0 0 119
$412,500 1,025 0 - 4,500 sqft 2 2 31 0 0 31