Your Localized Market Report
Paradise Valley, AZ 85253
Single-Family Homes
Lawyers Title Arizona & Grand Canyon Title Agency www.LawyersTitleArizona.com & www.gcta.com
Paradise Valley, AZ 85253
Sun Apr 19 2026
This week the median list price for Paradise Valley, AZ 85253 is $5,985,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has increased to 224.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $5,985,000 | |
| Median Price of New Listings | $6,075,000 | |
| Per Square Foot | $1,047 | |
| Average Days on Market | 131 | |
| Median Days on Market | 91 | |
| Price Decreased | 47% | |
| Price Increased | 1% | |
| Relisted | 7% | |
| Inventory | 224 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $12,997,500 | 8,560 | 1 - 2.5 acres | 5 | 7 | 2 | 1 | 1 | 94 |
| $7,500,000 | 7,005 | 1 - 2.5 acres | 5 | 6 | 20 | 3 | 1 | 91 |
| $4,999,999 | 5,720 | 1 - 2.5 acres | 5 | 5.5 | 28 | 4 | 3 | 87 |
| $3,147,500 | 3,954 | 0.5 - 1 acre | 4 | 3.8 | 47 | 0 | 3 | 66 |