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Paradise Valley Market Report

$3,585,342

AVERAGE PRICE OF 245 HOMES

$2,049,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$3,908,813

AVERAGE PRICE OF 221 MULTI-MILLION DOLLAR HOMES

$4,913,378

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$4,091,024

AVERAGE PRICE OF 195 HOMES WITH A POOL

$3,150,636

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $3,585,342
Avg Bedrooms 4.44 beds
Avg Bathrooms 5.18 baths

Average Price by Bedrooms

1 bedroom $624,225
2 bedrooms $956,256
3 bedrooms $2,349,459
4 bedrooms $3,305,170
5 bedrooms $3,956,839
Paradise Valley Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 279 318 321 326 329
Average Price $3,522,738 $3,424,187 $3,360,258 $3,215,218 $3,121,444
Avg Price Change +2.88% +1.90% +4.51% +3.00% +2.83%
Median Price $2,989,417 $2,954,250 $2,849,017 $2,592,433 $2,534,867
Med Price Change +1.19% +3.69% +9.90% +2.27% +2.51%
Avg Bedrooms 4.41 beds 4.41 beds 4.39 beds 4.36 beds 4.35 beds
Avg Bathrooms 5.13 baths 5.1 baths 5.06 baths 4.99 baths 4.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 8 $3,648,988 110 days
Camelback High School 21 $3,578,762 145 days
Chaparral High School 87 $3,351,395 121 days
Saguaro Elementary School 18 $3,874,328 166 days
Saguaro High School 106 $3,775,365 153 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 245 $3,585,342 141 days
Distressed Homes 2 $2,049,450 61 days
Multi-Million Dollar Homes 221 $3,908,813 144 days
Newly Built Homes 42 $4,913,378 188 days
Homes with a Pool 195 $4,091,024 147 days
Reduced Price Homes 11 $3,150,636 86 days
Cambridge Properties
Cory Mishkin
14602 North Tatum Blvd
Phoenix, AZ 85032
602-493-5100

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© 2021 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 Cory and Keith Mishkin - Cambridge Properties 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. January 16, 2021
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