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Paradise Valley Market Report

$2,863,676

AVERAGE PRICE OF 373 HOMES

$1,317,250

AVERAGE PRICE OF 4 DISTRESSED HOMES

$3,179,112

AVERAGE PRICE OF 327 MULTI-MILLION DOLLAR HOMES

$3,939,607

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$3,185,650

AVERAGE PRICE OF 301 HOMES WITH A POOL

$1,876,946

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $2,863,676
Avg Bedrooms 4.33 beds
Avg Bathrooms 4.89 baths

Average Price by Bedrooms

1 bedroom $499,500
2 bedrooms $895,346
3 bedrooms $1,884,743
4 bedrooms $2,314,922
5 bedrooms $3,211,113
Paradise Valley Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 403 423 426 432 390
Average Price $2,888,435 $3,012,931 $3,047,684 $3,086,848 $3,191,811
Avg Price Change -4.31% -1.15% -1.29% -3.40% +2.19%
Median Price $2,414,608 $2,485,333 $2,478,104 $2,409,192 $2,447,833
Med Price Change -2.93% +0.29% +2.86% -1.60% +1.16%
Avg Bedrooms 4.27 beds 4.34 beds 4.4 beds 4.47 beds 4.5 beds
Avg Bathrooms 4.88 baths 5 baths 5.07 baths 5.14 baths 5.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 6 $1,680,667 182 days
Camelback High School 18 $3,076,828 255 days
Chaparral High School 128 $2,471,574 149 days
Saguaro Elementary School 45 $4,182,109 149 days
Saguaro High School 165 $2,801,047 139 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 373 $2,863,676 151 days
Distressed Homes 4 $1,317,250 92 days
Multi-Million Dollar Homes 327 $3,179,112 158 days
Newly Built Homes 64 $3,939,607 165 days
Homes with a Pool 301 $3,185,650 158 days
Reduced Price Homes 13 $1,876,946 91 days
Monson Luxury Group - Russ Lyon Sotheby's International Realty
20909 N. 90th Place, Suite 209
Scottsdale, AZ 85255
480-420-4589

© 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 Monson Luxury Group / Russ Lyon Sotheby's International 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. June 20, 2019