Paradise Valley, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 549 transactions over the past year in Paradise Valley. The median value for residential home transactions that occurred over the previous year is $3,091,032.45. The number of current listings in Paradise Valley is 9, and the percentage of properties for sale in the city is 9.00%. Paradise Valley, AZ currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 9 properties for sale.

Paradise Valley, AZ Real Estate Market Overview

ZipMedian Est. Value
85253

$ 3,415,590

$ 776/sqft

Housing Market Summary for Paradise Valley, AZ

Mar 2023February 2024Change
Median Listing Price$4.2M$2.9M-31.12%
Median Sold Price$2.7M$2.9M7.58%
Homes For Sale12310-91.87%
Homes Sold3423687.60%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Paradise Valley, AZ

Paradise Valley home values range from $180,256 to $58,613,601. The median estimated value of a home in Paradise Valley is $3,091,032.45. The median list price of a home is 3,645,000, and the total count of properties in the city is 8,342.

Foreclosure
There is 1 zips within Paradise Valley, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $7,608,761 in 85253 to the lowest value of $355,117 in 85253. Foreclosure homes account for 0.00% of properties in Paradise Valley, AZ with 85253 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Paradise Valley, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Paradise Valley, AZ; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Paradise Valley, AZ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Paradise Valley, AZ. There is 1 zips within Paradise Valley, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    85253 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Paradise Valley, AZ. Auction homes and other auction properties account for 0.06% of all properties in Paradise Valley, AZ. There is 1 zips within Paradise Valley, AZ; of that zips, the median estimated home value for homes going to auction ranges from $7,608,761 in 85253 to the lowest value of $355,117 in 85253.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Paradise Valley, AZ with 85253 containing 9 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Paradise Valley, AZ; homes for sale in that zips, have a range of median values from $15,156,829 in 85253 to the lowest value of $727,000 in 85253.
    Sold Homes
    The median value for recently sold homes ranges from $23,584,668 in 85253 to the lowest price of $254,947 in 85253. There is 1 zips within Paradise Valley, AZ. 85253 has 381 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.57% of properties in Paradise Valley, AZ.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Paradise Valley, AZ
      $
      $

      Guide for Paradise Valley, AZ

      Market Reports
      Chandler Real Estate Market: Overview & Trends, Mar 2024
      Market Reports
      Scottsdale Real Estate Peaks at $1.1M in 2023
      Market Reports
      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Home Buying Guides & Tips
      Tax Lien Foreclosure: What They Are & How They Work
      See More Articles
      Chandler Real Estate Market: Overview & Trends, Mar 2024
      Market Reports|posted 5 March 2024

      Overview of the Chandler, Arizona real estate market – Mar 2024.

      Scottsdale Real Estate Peaks at $1.1M in 2023
      Market Reports|posted 12 February 2024

      Scottsdale, Arizona’s real estate market exhibits strong growth and investment potential, with average property values peaking at $1.1 million in December 2023

      Real Estate Trends in Phoenix and Surrounding Cities in 2023
      Market Reports|posted 12 February 2024

      Market Report of Phoenix, AZ – December 2022-2023

      Tax Lien Foreclosure: What They Are & How They Work
      Home Buying Guides & Tips|posted 28 May 2013

      How to find government tax foreclosure homes – Buying a tax foreclosure is a great way to get a bargain on a home or rental property.

      Recently Listed Homes Paradise Valley, AZ

      No data to show