Paradise Valley, AZ Home Values & Market Trends
Real estate market trends reflect that there have been 506 transactions over the past year in Paradise Valley. The median value for residential home transactions that occurred over the previous year is $5,862,764. The number of current listings in Paradise Valley is 8, and the percentage of properties for sale in the city is 8.00%. Paradise Valley, AZ currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 8 properties for sale.
Paradise Valley, AZ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 85253 | $ 5,862,764 $ 778/sqft |
Housing Market Summary for Paradise Valley, AZ
| Oct 2023 | September 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $6M | $5.7M | -4.10% |
| Median Sold Price | $2.7M | $3M | 10.03% |
| Homes For Sale | 11 | 8 | -27.27% |
| Homes Sold | 412 | 379 | -8.01% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Paradise Valley, AZ
Browse Homes in Paradise Valley, AZ
Paradise Valley home values range from $245,516 to $32,230,182. The median estimated value of a home in Paradise Valley is $5,862,764. The median list price of a home is 5,674,500, and the total count of properties in the city is 390.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions85253 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 1.28% 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 $8,871,931 in 85253 to the lowest value of $344,966 in 85253.
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Guide for Paradise Valley, AZ
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