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Paradise Valley Market Report

$6,722,081

AVERAGE PRICE OF 240 HOMES

$8,200,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$7,103,103

AVERAGE PRICE OF 226 MULTI-MILLION DOLLAR HOMES

$9,676,513

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$7,690,795

AVERAGE PRICE OF 199 HOMES WITH A POOL

$4,442,075

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $6,722,081
Avg Bedrooms 4.62 beds
Avg Bathrooms 5.33 baths

Average Price by Bedrooms

1 bedroom $434,999
2 bedrooms $1,283,782
3 bedrooms $3,500,871
4 bedrooms $5,353,129
5 bedrooms $7,738,155
Paradise Valley Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 255 262 235 202 195
Average Price $6,182,970 $6,082,315 $5,961,564 $6,055,151 $5,916,040
Avg Price Change +1.65% +2.03% -1.57% +2.35% +2.43%
Median Price $4,971,667 $4,805,785 $4,708,833 $4,955,684 $4,873,180
Med Price Change +3.45% +2.06% -5.24% +1.69% +4.17%
Avg Bedrooms 4.56 beds 4.51 beds 4.51 beds 4.61 beds 4.64 beds
Avg Bathrooms 5.24 baths 5.18 baths 5.19 baths 5.29 baths 5.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 14 $5,578,572 194 days
Camelback High School 25 $11,606,200 133 days
Chaparral High School 73 $5,609,802 101 days
Saguaro Elementary School 28 $5,919,925 111 days
Saguaro High School 92 $6,829,165 148 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 240 $6,722,081 128 days
Distressed Homes 1 $8,200,000 50 days
Multi-Million Dollar Homes 226 $7,103,103 131 days
Newly Built Homes 74 $9,676,513 201 days
Homes with a Pool 199 $7,690,795 132 days
Reduced Price Homes 12 $4,442,075 89 days
Angela Gordon | North & Co
Angela Gordon
25 S Arizona Place, Suite 325
Chandler, AZ 85225
520-370-1846

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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 Angela Gordon- NorthANDCo 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. May 28, 2023
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