Arizona's Most Current Market Reports

Paradise Valley, AZ

Single-Family Homes

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Paradise Valley, AZ

Fri Apr 23 2021
This week the median list price for Paradise Valley, AZ is $4,347,500 with the market action index hovering around 42. This is an increase over last month's market action index of 38. Inventory has held steady at or around 120. 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

Fri Apr 23 2021
This week the median list price for Paradise Valley, AZ is $4,347,500 with the market action index hovering around 42. This is an increase over last month's market action index of 38. Inventory has held steady at or around 120. 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 $4,347,500
Per Square Foot $684
Days on Market 53
Price Decreased 24%
Price Increased 11%
Relisted 6%
Inventory 120
Median Rent $17,500
Most Expensive $22,500,000
Least Expensive $1,444,000
Market Action 42
Slight Seller's Advantage

Prices hit another all time high this week. Given current conditions, prices continue to march higher. 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
$7,800,000 9,741 1 - 2.5 acres 5 7 7 2 3 84
$4,999,500 7,035 1 - 2.5 acres 5 6 8 6 1 59
$3,474,999 6,489 1 - 2.5 acres 5 5 24 4 3 45
$2,422,500 4,640 1 - 2.5 acres 4 3 41 6 7 28