Paradise Valley Homes

We Love doing Live VIDEO Previews! Our Paradise Valley Homes Buyer Service is FREE! Property Alerts Here 🙂

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 September was $2,075,000, up 22.2% from $1,697,500 in September of 2019 and up 25.8% from $1,650,000 last month. The average sales price in September was $2,240,919, up 20.4% from $1,861,038 in September of 2019 and up 2.6% from $2,184,605 last month. September 2020 ASP was at highest level compared to September of 2019 and 2018. (more monthly market report below photos)

We can currently see (190) Homes available today in Paradise Valley!

Paradise Valley Homes ~ Newest Listings

$3,350,000
MLS # 5901322
4 Beds
4 Baths
8,634 Sqft
Status: Active
Property Type: Single Family - Detached
$5,499,000
MLS # 5893851
5 Beds
6 Baths
7,104 Sqft
Status: Active
Property Type: Single Family - Detached
$14,990,000
MLS # 5892742
6 Beds
13 Baths
25,851 Sqft
Status: Active
Property Type: Single Family - Detached
$3,795,000
MLS # 5874693
6 Beds
9 Baths
7,688 Sqft
Status: Active
Property Type: Single Family - Detached
$12,950,000
MLS # 5826956
6 Beds
9 Baths
16,083 Sqft
Status: Active
Property Type: Single Family - Detached
$13,950,000
MLS # 5716629
6 Beds
10 Baths
15,000 Sqft
Status: Active
Property Type: Single Family - Detached
$1,190,000
MLS # 4680534
4 Beds
4 Baths
4,571 Sqft
Status: Active
Property Type: Single Family - Detached

Paradise Valley Homes ~ Monthly Market Report

Property Sales
The total inventory of properties available for sale as of September was 233, down -2.1% from 238 last month and down -16.5% from 279 in September of last year. September 2020 Inventory was at the lowest level compared to September of 2019 and 2018.

Inventory
The total inventory of properties available for sale as of August was 251, up 1.2% from 248 last month and up 2.9% from 244 in August of last year. August 2020 Inventory was at a mid range 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 September was 99, up from 95 days last month and up from 91 days in September of last year. The September 2020 DOM was at a mid range compared with September of 2019 and 2018.

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 August 2020 selling price per square foot of $423 was equal to $423 last month and equal to $423 in August of last year.

Selling Price (vs) Listing Price
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 September 2020 selling price per square foot of $410 was down -3.1% from $423 last month and up 9.6% from $374 in September 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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