Paradise Valley Market Report

$2,994,511

AVERAGE PRICE OF 361 HOMES

$3,525,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$3,330,706

AVERAGE PRICE OF 316 MULTI-MILLION DOLLAR HOMES

$4,203,990

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$3,369,908

AVERAGE PRICE OF 284 HOMES WITH A POOL

$2,841,182

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $2,994,511
Avg Bedrooms 4.33 beds
Avg Bathrooms 4.97 baths

Average Price by Bedrooms

1 bedroom $591,000
2 bedrooms $921,351
3 bedrooms $1,847,978
4 bedrooms $2,712,489
5 bedrooms $3,448,835
Paradise Valley Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 353 399 399 335 343
Average Price $3,061,006 $3,096,907 $3,090,340 $3,176,683 $3,141,300
Avg Price Change -1.17% +0.21% -2.79% +1.13% +2.75%
Median Price $2,464,833 $2,492,000 $2,455,789 $2,472,487 $2,400,079
Med Price Change -1.10% +1.47% -0.68% +3.02% +0.73%
Avg Bedrooms 4.31 beds 4.36 beds 4.42 beds 4.43 beds 4.43 beds
Avg Bathrooms 4.96 baths 4.98 baths 5.01 baths 5.07 baths 5.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 8 $2,391,750 95 days
Camelback High School 26 $2,853,192 184 days
Chaparral High School 121 $2,562,156 108 days
Saguaro Elementary School 40 $3,220,437 168 days
Saguaro High School 159 $3,337,259 144 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 361 $2,994,511 137 days
Distressed Homes 2 $3,525,000 61 days
Multi-Million Dollar Homes 316 $3,330,706 144 days
Newly Built Homes 69 $4,203,990 145 days
Homes with a Pool 284 $3,369,908 144 days
Reduced Price Homes 11 $2,841,182 143 days
© 2020 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 Mike Gullo - Product Team TEST Account 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, 2020