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 April was $2,752,500, up 55.9% from $1,765,000 in April of 2020 and down -2.2% from $2,813,700 last month. The average sales price in April was $3,277,558, up 10.9% from $2,956,363 in April of 2020 and up 12.8% from $2,906,176 last month. April 2021 ASP was at highest level compared to April of 2020 and 2019. (more monthly market report below photos)

We can currently see (133) Homes available today in Paradise Valley!

Paradise Valley Homes ~ Newest Listings

$5,995,000
MLS # 6219346
4 Beds
5 Baths
7,856 Sqft
Status: Active
Property Type: Single Family - Detached
$1,999,900
MLS # 6205279
4 Beds
4 Baths
3,251 Sqft
Status: Active
Property Type: Single Family - Detached
$4,995,000
MLS # 6216833
4 Beds
5 Baths
6,344 Sqft
Status: Active
Property Type: Single Family - Detached
$12,500,000
MLS # 6218424
5 Beds
8 Baths
10,509 Sqft
Status: Active
Property Type: Single Family - Detached
$4,950,000
MLS # 6218439
3 Beds
4 Baths
6,000 Sqft
Status: Active
Property Type: Single Family - Detached
$2,725,000
MLS # 6218834
4 Beds
5 Baths
4,872 Sqft
Status: Active
Property Type: Single Family - Detached
$3,750,000
MLS # 6213871
3 Beds
5 Baths
4,345 Sqft
Status: Active
Property Type: Single Family - Detached
$2,798,000
MLS # 6218167
3 Beds
5 Baths
3,430 Sqft
Status: Active
Property Type: Single Family - Detached
$4,695,000
MLS # 6213052
5 Beds
6 Baths
7,453 Sqft
Status: Active
Property Type: Single Family - Detached
$2,395,000
MLS # 6214454
3 Beds
4 Baths
4,332 Sqft
Status: Active
Property Type: Single Family - Detached
$3,975,000
MLS # 6215140
5 Beds
6 Baths
7,249 Sqft
Status: Active
Property Type: Single Family - Detached
$7,429,000
MLS # 6216069
4 Beds
6 Baths
6,494 Sqft
Status: Active
Property Type: Single Family - Detached
$6,500,000
MLS # 6207664
4 Beds
5 Baths
5,470 Sqft
Status: Active
Property Type: Single Family - Detached
$7,685,000
MLS # 6213855
5 Beds
5 Baths
7,693 Sqft
Status: Active
Property Type: Single Family - Detached
$2,900,000
MLS # 6211608
4 Beds
4 Baths
4,767 Sqft
Status: Active
Property Type: Single Family - Detached
$2,695,000
MLS # 6197924
4 Beds
5 Baths
5,017 Sqft
Status: Active
Property Type: Single Family - Detached
$7,800,000
MLS # 6212254
6 Beds
8 Baths
8,900 Sqft
Status: Active
Property Type: Single Family - Detached
$2,550,000
MLS # 6212371
5 Beds
6 Baths
5,634 Sqft
Status: Active
Property Type: Single Family - Detached

Paradise Valley Homes ~ Monthly Market Report

Property Sales
April property sales were 80, up from 29 in April of 2020 and 8.1% higher than the 74 sales last month. April 2021 sales were at their highest level compared to April of 2020 and 2019. April YTD sales of 246 are running 50.9% ahead of last year’s year-to-date sales of 163.

Inventory
The total inventory of properties available for sale as of April was 174, up 6.1% from 164 last month and down -39.2% from 286 in April of last year. April 2021 Inventory was at the lowest level compared to April of 2020 and 2019.

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 65, down from 98 days last month and down from 129 days in April of last year. The April 2021 DOM was at its lowest level compared with April of 2020 and 2019.

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 2021 selling price per square foot of $562 was up 8.9% from $516 last month and up 24.6% from $451 in April 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 April 2021 selling price vs list price of 97.8% was up from 96.1% last month and up from 91.3% in April of last year.

Return to Top of Page

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 🙂

Share