Arizona's Most Current Market Reports

Paradise Valley, AZ

Single-Family Homes

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Paradise Valley, AZ

Mon Jan 24 2022
This week the median list price for Paradise Valley, AZ is $5,250,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has decreased to 78. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Paradise Valley, AZ

Mon Jan 24 2022
This week the median list price for Paradise Valley, AZ is $5,250,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has decreased to 78. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Paradise Valley market.
Median List Price $5,250,000
Median Price of New Listings $3,747,500
Per Square Foot $798
Average Days on Market 156
Median Days on Market 102
Price Decreased 19%
Price Increased 18%
Relisted 5%
Inventory 78
Median Rent $15,995
Market Action 42
Slight Seller's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$11,995,000 10,200 1 - 2.5 acres 5 7 6 1 1 224
$6,188,000 7,880 1 - 2.5 acres 5 6 14 3 6 98
$4,082,000 6,195 1 - 2.5 acres 4 5.5 21 2 5 122
$1,965,000 3,272 0.5 - 1 acre 4 3.5 29 4 6 77