Paradise Valley Homes

3% Discount Commission for Sellers ~ Our Paradise Valley Homes Buyer Service is FREE!

Paradise Valley Homes
Paradise Valley Homes with Corey Frederic

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

Our Paradise Valley Homes are very popular! We LOVE showing them and taking the LIVE Video Previews for those who might be out of town. Simply send us your favorite home, and we will be happy to schedule a Live Video Tour for you! (and email you the link) 🙂

Prices…
Our Median Sales Price in April was $3,612,500, up 31.2% from $2,752,500 in April of 2021 and up 0.3% from $3,600,000 last month. The average sales price in April was $4,938,154, up 50.7% from $3,277,558 in April of 2021 and up 24.7% from $3,960,444 last month. April 2022 ASP was at highest level compared to April of 2021 and 2020. (more monthly market report below photos)

We can currently see (124) Homes available today in Paradise Valley!

Paradise Valley Homes ~ Newest Listings

$2,999,999
MLS # 6402042
4 Beds
3 Baths
2,942 Sqft
Status: Active
Property Type: Single Family - Detached
$3,225,000
MLS # 6403332
4 Beds
5 Baths
5,413 Sqft
Status: Active
Property Type: Single Family - Detached
$1,650,000
MLS # 6402848
3 Beds
3 Baths
2,824 Sqft
Status: Active
Property Type: Single Family - Detached
$1,675,000
MLS # 6401981
3 Beds
4 Baths
2,734 Sqft
Status: Active
Property Type: Single Family - Detached
$2,249,000
MLS # 6395274
4 Beds
3 Baths
3,250 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6402249
5 Beds
4 Baths
6,690 Sqft
Status: Active
Property Type: Single Family - Detached
$5,395,000
MLS # 6402032
4 Beds
5 Baths
5,976 Sqft
Status: Active
Property Type: Single Family - Detached
$12,500,000
MLS # 6399692
6 Beds
8 Baths
9,300 Sqft
Status: Active
Property Type: Single Family - Detached
$3,200,000
MLS # 6401430
4 Beds
6 Baths
4,583 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6399957
4 Beds
4 Baths
4,796 Sqft
Status: Active
Property Type: Single Family - Detached
$1,295,000
MLS # 6398567
3 Beds
3 Baths
1,725 Sqft
Status: Active
Property Type: Single Family - Detached
$6,150,000
MLS # 6400238
4 Beds
6 Baths
6,556 Sqft
Status: Active
Property Type: Single Family - Detached
$3,250,000
MLS # 6399865
5 Beds
6 Baths
5,065 Sqft
Status: Active
Property Type: Single Family - Detached
$6,295,888
MLS # 6398908
4 Beds
8 Baths
7,730 Sqft
Status: Active
Property Type: Single Family - Detached
$6,750,000
MLS # 6399493
5 Beds
5 Baths
5,429 Sqft
Status: Active
Property Type: Single Family - Detached
$3,600,000
MLS # 6395470
5 Beds
6 Baths
5,329 Sqft
Status: Active
Property Type: Single Family - Detached
$15,000,000
MLS # 6392582
8 Beds
13 Baths
15,600 Sqft
Status: Active
Property Type: Single Family - Detached
$2,850,000
MLS # 6399152
4 Beds
3 Baths
5,000 Sqft
Status: Active
Property Type: Single Family - Detached

Paradise Valley Homes ~ Monthly Market Report

Property Sales
Our April property sales were 42, down from 80 in April of 2021 and -26.3% lower than the 57 sales last month. April 2022 sales were at a mid level compared to April of 2021 and 2020. April YTD sales of 184 are running -25.2% behind last year’s year-to-date sales of 246.

Prices
The median sales price in April was $3,612,500, up 31.2% from $2,752,500 in April of 2021 and up 0.3% from $3,600,000 last month. The average sales price in April was $4,938,154, up 50.7% from $3,277,558 in April of 2021 and up 24.7% from $3,960,444 last month. April 2022 ASP was at highest level compared to April of 2021 and 2020.

Inventory
The total inventory of properties available for sale as of April was 126, up 13.5% from 111 last month and down -20.3% from 158 in April of last year. April 2022 Inventory was at the lowest level compared to April of 2021 and 2020.

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 April was 33, down from 45 days last month and down from 65 days in April of last year. The April 2022 DOM was at its lowest level compared with April of 2021 and 2020.

Selling Price per 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 April 2022 selling price per square foot of $796 was up 11.3% from $715 last month and up 41.6% from $562 in April of last year.

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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 ~ You can also see us at Arizona Luxury Homes 🙂

 

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