If you need assistance, please call 623-826-1981

Paradise Valley Market Report

$6,708,816

AVERAGE PRICE OF 237 HOMES

$8,200,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$7,124,983

AVERAGE PRICE OF 222 MULTI-MILLION DOLLAR HOMES

$9,676,513

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$7,707,683

AVERAGE PRICE OF 195 HOMES WITH A POOL

$3,838,557

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $6,708,816
Avg Bedrooms 4.6 beds
Avg Bathrooms 5.33 baths

Average Price by Bedrooms

1 bedroom $289,999
2 bedrooms $1,230,233
3 bedrooms $3,496,032
4 bedrooms $5,220,964
5 bedrooms $7,674,495
Paradise Valley Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 246 255 262 235 202
Average Price $6,586,643 $6,182,970 $6,082,315 $5,961,564 $6,055,151
Avg Price Change +6.53% +1.65% +2.03% -1.57% +2.35%
Median Price $5,074,950 $4,971,667 $4,805,785 $4,708,833 $4,955,684
Med Price Change +2.08% +3.45% +2.06% -5.24% +1.69%
Avg Bedrooms 4.62 beds 4.56 beds 4.51 beds 4.51 beds 4.61 beds
Avg Bathrooms 5.32 baths 5.24 baths 5.18 baths 5.19 baths 5.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 14 $5,578,572 198 days
Camelback High School 23 $12,461,090 139 days
Chaparral High School 72 $5,452,020 97 days
Saguaro Elementary School 28 $5,919,925 115 days
Saguaro High School 92 $6,798,839 150 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 237 $6,708,816 129 days
Distressed Homes 1 $8,200,000 54 days
Multi-Million Dollar Homes 222 $7,124,983 133 days
Newly Built Homes 74 $9,676,513 205 days
Homes with a Pool 195 $7,707,683 133 days
Reduced Price Homes 7 $3,838,557 100 days
My Home Group
Liz Dobbins
8360 E Raintree Dr. Suite #120
Scottsdale, AZ 85260
623-826-1981

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© 2023 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Liz Dobbins - My Home Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. June 1, 2023
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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