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Paradise Valley, AZ 85253

Single-Family Homes

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Paradise Valley, AZ 85253

Fri Jan 21 2022
This week the median list price for Paradise Valley, AZ 85253 is $5,074,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 86. 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 85253

Fri Jan 21 2022
This week the median list price for Paradise Valley, AZ 85253 is $5,074,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 86. 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 $5,074,500
Median Price of New Listings $0
Per Square Foot $810
Average Days on Market 150
Median Days on Market 88
Price Decreased 23%
Price Increased 20%
Relisted 6%
Inventory 86
Median Rent $17,000
Market Action 39
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$10,978,200 10,200 1 - 2.5 acres 5 7 1 0 0 126
$6,400,000 7,888 1 - 2.5 acres 5 6 13 0 4 70
$4,059,500 6,195 1 - 2.5 acres 4 5.5 19 0 3 140
$2,047,500 3,317 0.5 - 1 acre 4 3.5 38 0 4 70