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Paradise Valley Market Report

$3,028,682

AVERAGE PRICE OF 354 HOMES

$2,949,667

AVERAGE PRICE OF 3 DISTRESSED HOMES

$3,343,157

AVERAGE PRICE OF 313 MULTI-MILLION DOLLAR HOMES

$4,651,382

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$3,408,793

AVERAGE PRICE OF 279 HOMES WITH A POOL

$2,471,150

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $3,028,682
Avg Bedrooms 4.37 beds
Avg Bathrooms 4.94 baths

Average Price by Bedrooms

1 bedroom $515,500
2 bedrooms $824,740
3 bedrooms $1,913,543
4 bedrooms $2,656,809
5 bedrooms $3,436,272
Paradise Valley Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 357 347 353 399 399
Average Price $2,998,383 $2,989,731 $3,061,006 $3,096,907 $3,090,340
Avg Price Change +0.29% -2.38% -1.17% +0.21% -2.79%
Median Price $2,428,917 $2,399,300 $2,464,833 $2,492,000 $2,455,789
Med Price Change +1.23% -2.73% -1.10% +1.47% -0.68%
Avg Bedrooms 4.33 beds 4.31 beds 4.31 beds 4.36 beds 4.42 beds
Avg Bathrooms 4.92 baths 4.93 baths 4.96 baths 4.98 baths 5.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 12 $2,719,000 92 days
Camelback High School 24 $2,751,979 165 days
Chaparral High School 114 $2,654,423 117 days
Saguaro Elementary School 38 $3,760,605 151 days
Saguaro High School 158 $3,168,170 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 354 $3,028,682 131 days
Distressed Homes 3 $2,949,667 67 days
Multi-Million Dollar Homes 313 $3,343,157 135 days
Newly Built Homes 64 $4,651,382 139 days
Homes with a Pool 279 $3,408,793 137 days
Reduced Price Homes 10 $2,471,150 116 days
HomeSmart International - Kapanicas Group
8388 E Hartford Dr #100
Scottsdale, AZ 85255
602-478-3805
Mick Kapanicas 602-478-3805
Melissa Kapanicas 602-509-4306

© 2020 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 Mick & Melissa Kapanicas - HomeSmart International - Kapanicas Group 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. July 4, 2020