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Paradise Valley Market Report

$3,072,525

AVERAGE PRICE OF 431 HOMES

$1,453,750

AVERAGE PRICE OF 4 DISTRESSED HOMES

$3,352,316

AVERAGE PRICE OF 386 MULTI-MILLION DOLLAR HOMES

$3,872,851

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$3,411,453

AVERAGE PRICE OF 354 HOMES WITH A POOL

$2,291,655

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $3,072,525
Avg Bedrooms 4.45 beds
Avg Bathrooms 5.13 baths

Average Price by Bedrooms

1 bedroom $438,000
2 bedrooms $902,574
3 bedrooms $1,808,282
4 bedrooms $2,350,761
5 bedrooms $3,403,096
Paradise Valley Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 390 369 368 331 302
Average Price $3,191,811 $3,123,337 $3,047,498 $2,998,575 $2,969,341
Avg Price Change +2.19% +2.49% +1.63% +0.98% +1.42%
Median Price $2,447,833 $2,419,828 $2,378,485 $2,291,086 $2,312,529
Med Price Change +1.16% +1.74% +3.81% -0.94% +1.70%
Avg Bedrooms 4.5 beds 4.42 beds 4.41 beds 4.42 beds 4.43 beds
Avg Bathrooms 5.19 baths 5.16 baths 5.13 baths 5.65 baths 5.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 12 $2,112,417 171 days
Camelback High School 28 $3,184,268 157 days
Chaparral High School 148 $2,772,678 138 days
Saguaro Elementary School 43 $4,772,649 137 days
Saguaro High School 187 $2,993,687 131 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 431 $3,072,525 136 days
Distressed Homes 4 $1,453,750 106 days
Multi-Million Dollar Homes 386 $3,352,316 144 days
Newly Built Homes 73 $3,872,851 169 days
Homes with a Pool 354 $3,411,453 142 days
Reduced Price Homes 22 $2,291,655 123 days
Platinum Living Realty
Melanie Sanders
18281 N. Pima Road, Suite C-100
Scottsdale, AZ 85255
480-570-5203

© 2019 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 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. February 22, 2019
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