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Paradise Valley

Why you'd want to live in Paradise Valley

Paradise Valley is a small, affluent town in Maricopa County, Arizona. The town is known for its luxury golf courses, shopping, and restaurant scene. Despite the town's relatively small area and population compared to other municipalities in the Phoenix metropolitan area, Paradise Valley is home to eight full-service resorts, making it one of Arizona's premier tourist destinations. Surrounded by the iconic Camelback Mountain to the south, Phoenix Mountain Preserve to the west, and McDowell Mountains to the east, the Town of Paradise Valley is a quiet desert oasis in the heart of Scottsdale-Phoenix. With an average of 294 days of sunshine a year, there is no limit to the number of exciting activities you can pack into each day.

Paradise Valley Market Report

$5,259,311

AVERAGE PRICE OF 280 HOMES

$6,498,204

AVERAGE PRICE OF 225 MULTI-MILLION DOLLAR HOMES

$11,149,440

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$6,053,875

AVERAGE PRICE OF 193 HOMES WITH A POOL

$2,520,355

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $5,259,311
Avg Bedrooms 3.77 beds
Avg Bathrooms 4.53 baths

Average Price by Bedrooms

1 bedroom $597,500
2 bedrooms $1,152,253
3 bedrooms $3,205,173
4 bedrooms $4,834,887
5 bedrooms $5,904,351
Paradise Valley Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 341 380 412 418 394
Average Price $5,501,241 $5,968,316 $6,076,495 $5,869,067 $5,906,147
Avg Price Change -8.49% -1.81% +3.53% -0.63% +1.82%
Median Price $4,290,909 $4,479,773 $4,518,611 $4,306,222 $4,147,941
Med Price Change -4.40% -0.87% +4.93% +3.82% +3.93%
Avg Bedrooms 3.83 beds 3.85 beds 3.85 beds 3.78 beds 3.75 beds
Avg Bathrooms 4.59 baths 4.68 baths 4.72 baths 4.59 baths 4.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Saguaro High School 128 $5,903,074 153 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 280 $5,259,311 143 days
Multi-Million Dollar Homes 225 $6,498,204 139 days
Newly Built Homes 56 $11,149,440 154 days
Homes with a Pool 193 $6,053,875 139 days
Reduced Price Homes 11 $2,520,355 134 days
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4167 North Marshall Way
Scottsdale, AZ 85251
480-339-9717

© 2024 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 Bob Martz - RE/MAX Fine Properties 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. July 19, 2024
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