Paradise Valley Homes $2M-$4M

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Paradise Valley Homes $2m-$4M
Paradise Valley Homes $2M-$4M

Paradise Valley Links… (all Other Cities)
Home | $0~$2M | $2M~$4M | $4M~$6M | $6M+ | Open House | Condos~THs | Rentals | Land | Market Report | Office Listings | Sellers

Welcome to Paradise Valley Homes $2M-$4M where we hope you enjoy your time here. Your Search Results will appear below showing the “Newest Listings” first. We also provide Live Video Previews for your Paradise Valley Homes! 🙂

Price / SqFt
(in this price range of $2M-$4M)
Our August 2020 selling price per square foot of $506 was up 3.1% from $491 last month and up 8.4% from $467 in August of last year. (more monthly market report below photos)

We can currently see (90) Homes available today in this price range of $2M-$4M!

Paradise Valley Homes $2M-$4M ~ Newest Listings

$2,250,000
MLS # 6151500
4 Beds
4 Baths
4,916 Sqft
Status: Active
Property Type: Single Family - Detached
$2,155,000
MLS # 6151657
5 Beds
5 Baths
5,696 Sqft
Status: Active
Property Type: Single Family - Detached
$3,750,000
MLS # 6150765
5 Beds
6 Baths
7,270 Sqft
Status: Active
Property Type: Single Family - Detached
$2,875,000
MLS # 6148708
4 Beds
5 Baths
5,002 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6150993
3 Beds
4 Baths
4,566 Sqft
Status: Active
Property Type: Single Family - Detached
$3,000,000
MLS # 6147603
6 Beds
6 Baths
5,868 Sqft
Status: Active
Property Type: Single Family - Detached
$3,200,000
MLS # 6150079
5 Beds
6 Baths
7,470 Sqft
Status: Active
Property Type: Single Family - Detached
$2,990,000
MLS # 6150717
5 Beds
7 Baths
7,337 Sqft
Status: Active
Property Type: Single Family - Detached
$2,750,000
MLS # 6150420
4 Beds
5 Baths
6,500 Sqft
Status: Active
Property Type: Single Family - Detached
$3,895,000
MLS # 6149893
5 Beds
6 Baths
6,850 Sqft
Status: Active
Property Type: Single Family - Detached
$3,175,000
MLS # 6148312
4 Beds
5 Baths
5,887 Sqft
Status: Active
Property Type: Single Family - Detached
$3,200,000
MLS # 6148242
5 Beds
6 Baths
6,746 Sqft
Status: Active
Property Type: Single Family - Detached
$3,375,000
MLS # 6147664
5 Beds
6 Baths
6,920 Sqft
Status: Active
Property Type: Single Family - Detached
$3,245,000
MLS # 6147862
4 Beds
5 Baths
6,128 Sqft
Status: Active
Property Type: Single Family - Detached
$3,295,000
MLS # 6147944
6 Beds
8 Baths
7,945 Sqft
Status: Active
Property Type: Single Family - Detached
$2,800,000
MLS # 6132578
4 Beds
3 Baths
4,478 Sqft
Status: Active
Property Type: Single Family - Detached
$2,450,000
MLS # 6146292
5 Beds
6 Baths
4,411 Sqft
Status: Active
Property Type: Single Family - Detached
$2,999,999
MLS # 6146425
6 Beds
8 Baths
7,368 Sqft
Status: Active
Property Type: Single Family - Detached

Paradise Valley Homes $2M-$4M ~ Monthly Market Report

Sales
(in this price range of $2M-$4M)
Our August property sales were 11, down from 17 in August of 2019 and -31.3% lower than the 16 sales last month. August 2020 sales were at a mid level compared to August of 2019 and 2018. August YTD sales of 93 are running equal to last year’s year-to-date sales of 93.

Prices
(in this price range of $2M-$4M)
Our Median Sales Price in August was $2,350,000, down -11.3% from $2,650,000 in August of 2019 and down -13.5% from $2,716,485 last month. The average sales price in August was $2,716,364, down -5.8% from $2,884,118 in August of 2019 and down -4.7% from $2,851,454 last month. August 2020 ASP was at a mid range compared to August of 2019 and 2018.

Inventory
The total inventory of properties available for sale as of August was 116, down -0.9% from 117 last month and up 7.4% from 108 in August of last year. August 2020 Inventory was at highest level compared to August of 2019 and 2018.

Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer’s market, a downward trend a move towards more of a seller’s market. The DOM for August was 165, up from 118 days last month and up from 91 days in August of last year. The August 2020 DOM was at a mid range compared with August of 2019 and 2018.

Selling Price / Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the ‘mix’ of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The August 2020 selling price per square foot of $506 was up 3.1% from $491 last month and up 8.4% from $467 in August of last year.

Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer’s market exists, a ratio at or above 100% indicates more of a seller’s market. The August 2020 selling price vs list price of 90.7% was down from 92.1% last month and up from 89.8% in August of last year.

Contact Us
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also see us at Arizona Luxury Homes 🙂

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