How much do homes in Paradise Valley, AZ cost?

Median List Price

$2,855,539

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$530,538(+22.8%)

Key Takeaway

The list price of homes in Paradise Valley has increased by 22.8% since last year.

Housing Market Conditions

Sign Up For Free to View Housing Market Conditions

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Paradise Valley, AZ market.

Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $865K$1.3M+59.8%
2 $1.3M$1.5M+11.5%
3 $1.8M$2.2M+18.1%
4 $2.0M$2.4M+24.8%
5+ $2.8M$3.4M+19.9%

Median List Price Compared To Nearby Cities

Paradise Valley
+22.8%
Phoenix
+16.7%
Scottsdale
+13.0%

How many homes are available in Paradise Valley, AZ?

Number of Homes For Sale

Jul 2021Aug 2021%
193190-1.6%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 220.0%
2 45+25.0%
3 2728+3.7%
4 5047-6.0%
5+ 110108-1.8%

Asking Price vs. Sold Price

Sign Up For Free to View Asking Price vs. Sold Price

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Paradise Valley, AZ market.

Average Listing Age

Aug 2020Aug 2021%
232 Days171 Days-26.1%

Breakdown of Home Sale Times

Sign Up For Free to View Breakdown of Home Sale Times

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Paradise Valley, AZ market.

About Paradise Valley, AZ

Paradise Valley, AZ has 190 homes on the market. The number of listings in Paradise Valley, AZ decreased by 1.6% between July 2021 and August 2021. While the average time on the market in August 2021 was 171 days, the median list price was $2,855,539. This housing market listing prices have changed between July 2021 and August 2021: prices of 1 bedroom properties increased by 59.8%, 2 bedrooms properties prices increased by 11.5%, prices of 3 bedrooms properties increased by 18.1%, prices of 4 bedrooms properties went up by 24.8%, 5 bedrooms properties prices increased by 19.9%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 25%, 3 bedrooms homes became 3.7% more available, volume of 4 bedrooms homes went down by 6%, 5 bedrooms homes inventory decreased by 1.8%. In August 2021 more than 2 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 18 were sold below.

Related Neighborhood Trend Reports