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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, United States. The town is known for its expensive real estate, luxury golf courses, shopping, and restaurant scene. According to the 2010 census, the population of the town was 12,820. 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. It is also known for expensive real estate.

Paradise Valley Market Report

$6,854,557

AVERAGE PRICE OF 191 HOMES

$7,272,076

AVERAGE PRICE OF 179 MULTI-MILLION DOLLAR HOMES

$11,915,590

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$7,880,406

AVERAGE PRICE OF 157 HOMES WITH A POOL

$3,947,845

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $6,854,557
Avg Bedrooms 4.61 beds
Avg Bathrooms 5.13 baths

Average Price by Bedrooms

1 bedroom $564,500
2 bedrooms $1,193,989
3 bedrooms $3,178,142
4 bedrooms $5,005,032
5 bedrooms $7,084,076
Paradise Valley Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 167 177 211 246 255
Average Price $6,728,040 $6,650,039 $6,777,503 $6,586,643 $6,182,970
Avg Price Change +1.17% -1.92% +2.90% +6.53% +1.65%
Median Price $4,590,947 $4,745,167 $5,174,333 $5,074,950 $4,971,667
Med Price Change -3.36% -9.04% +1.96% +2.08% +3.45%
Avg Bedrooms 4.54 beds 4.62 beds 4.61 beds 4.62 beds 4.56 beds
Avg Bathrooms 5.06 baths 5.18 baths 5.33 baths 5.32 baths 5.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 10 $4,821,500 301 days
Camelback High School 19 $13,552,470 175 days
Chaparral High School 60 $5,319,732 90 days
Saguaro Elementary School 21 $4,319,041 121 days
Saguaro High School 77 $7,424,995 156 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 191 $6,854,557 140 days
Multi-Million Dollar Homes 179 $7,272,076 145 days
Newly Built Homes 53 $11,915,590 269 days
Homes with a Pool 157 $7,880,406 139 days
Reduced Price Homes 10 $3,947,845 103 days
JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500
Michele Walker
Sr. Loan Originator
NMLS# 821145 | AZ MLO #0929746
BK 0018295 | Corp NMLS #2973
This is not a commitment to lend or extend credit.
michele.walker@wvmb.com
Phone: 573-355-7431
Fax: 480-393-1871

© 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 JK Realty 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. September 25, 2023
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