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Paradise Valley Market Report

$2,987,034

AVERAGE PRICE OF 420 HOMES

$800,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,286,039

AVERAGE PRICE OF 374 MULTI-MILLION DOLLAR HOMES

$3,887,015

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$3,334,740

AVERAGE PRICE OF 343 HOMES WITH A POOL

$1,744,800

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $2,987,034
Avg Bedrooms 4.31 beds
Avg Bathrooms 4.97 baths

Average Price by Bedrooms

1 bedroom $395,180
2 bedrooms $865,612
3 bedrooms $1,859,890
4 bedrooms $2,565,207
5 bedrooms $3,251,060
Paradise Valley Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 426 432 390 369 368
Average Price $3,047,684 $3,086,848 $3,191,811 $3,123,337 $3,047,498
Avg Price Change -1.29% -3.40% +2.19% +2.49% +1.63%
Median Price $2,478,104 $2,409,192 $2,447,833 $2,419,828 $2,378,485
Med Price Change +2.86% -1.60% +1.16% +1.74% +3.81%
Avg Bedrooms 4.4 beds 4.47 beds 4.5 beds 4.42 beds 4.41 beds
Avg Bathrooms 5.07 baths 5.14 baths 5.19 baths 5.16 baths 5.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 8 $1,967,625 177 days
Camelback High School 24 $3,347,000 211 days
Chaparral High School 151 $2,531,940 134 days
Saguaro Elementary School 42 $4,662,379 167 days
Saguaro High School 183 $2,997,445 134 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 420 $2,987,034 143 days
Distressed Homes 1 $800,000 82 days
Multi-Million Dollar Homes 374 $3,286,039 151 days
Newly Built Homes 73 $3,887,015 154 days
Homes with a Pool 343 $3,334,740 149 days
Reduced Price Homes 15 $1,744,800 80 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. April 21, 2019
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