Paradise Valley Real Estate Market Update

May 25, 2020 Weekly Update

Active listings increased to 284.
Average sale price per square foot increased to $440.70/SqFt.
Average sale price as % of list price decreased to 93.17%.
Average sale price increased to $2,415,014.
Highest priced home sold in past 6 months was for $19,250,000.
Number of homes sold in past 6 months decreased to 221.

Average Sales Price
May 2013-Present by Week

Average Sales Price per SqFt
May 2013-Present by Week

85253 April 2020 vs April 2019 Monthly Update

Active listings decreased 24.73%.
Months supply increased 5.62%.
Average sale price per square foot increased 16.55%.
Average sale price as % of list price decreased 3.93%.
Average sale price increased 29.76%.
Median sale price decreased 7.11%.
Monthly sales volume decreased 8.24%.

Median Sales Price
2009 - Present by Month

Average Sales Price per SqFt
2009 - Present by Month


All information provided is deemed reliable but is not guaranteed.