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Paradise Valley Market Report

$6,853,612

AVERAGE PRICE OF 223 HOMES

$8,200,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$7,302,895

AVERAGE PRICE OF 208 MULTI-MILLION DOLLAR HOMES

$9,772,399

AVERAGE PRICE OF 70 NEWLY BUILT HOMES

$7,885,050

AVERAGE PRICE OF 183 HOMES WITH A POOL

$3,217,880

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $6,853,612
Avg Bedrooms 4.61 beds
Avg Bathrooms 5.36 baths

Average Price by Bedrooms

1 bedroom $289,999
2 bedrooms $1,219,331
3 bedrooms $3,529,419
4 bedrooms $5,161,593
5 bedrooms $7,849,133
Paradise Valley Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 246 255 262 235 202
Average Price $6,586,643 $6,182,970 $6,082,315 $5,961,564 $6,055,151
Avg Price Change +6.53% +1.65% +2.03% -1.57% +2.35%
Median Price $5,074,950 $4,971,667 $4,805,785 $4,708,833 $4,955,684
Med Price Change +2.08% +3.45% +2.06% -5.24% +1.69%
Avg Bedrooms 4.62 beds 4.56 beds 4.51 beds 4.51 beds 4.61 beds
Avg Bathrooms 5.32 baths 5.24 baths 5.18 baths 5.19 baths 5.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 13 $5,792,308 213 days
Camelback High School 23 $12,283,910 139 days
Chaparral High School 63 $5,736,215 97 days
Saguaro Elementary School 27 $6,031,959 122 days
Saguaro High School 89 $6,795,429 141 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 223 $6,853,612 128 days
Distressed Homes 1 $8,200,000 57 days
Multi-Million Dollar Homes 208 $7,302,895 132 days
Newly Built Homes 70 $9,772,399 211 days
Homes with a Pool 183 $7,885,050 133 days
Reduced Price Homes 10 $3,217,880 100 days
Omni Homes International
Calvin Case
20 N Gilbert Rd, Ste B
Gilbert, AZ 85234
520-406-0000

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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 Calvin Case - OMNI Homes International 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 4, 2023
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