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

Paradise Valley Land
Paradise Valley Land

Paradise Valley Links… (all Other Cities)
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Our Paradise Valley Land (Lots), 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 property, 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 $935,000, equal to $935,000 in April of 2019 and down -37.0% from $1,485,000 last month.

We can currently see (60) Lots available today in Paradise Valley!

Paradise Valley Land – Newest Listings

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Paradise Valley Land
$2,895,000
New
Paradise Valley Land
$1,675,000
Paradise Valley Land
$899,999
Paradise Valley Land
$1,650,000
Paradise Valley Land
$850,000
Paradise Valley Land
$3,600,000
Paradise Valley Land
$1,499,999
Paradise Valley Land
$1,849,000
Paradise Valley Land
$1,850,000
MLS# 6056758

7070 N 59th Place
Paradise Valley, AZ 85253

Property Type: C
Paradise Valley Land
$6,750,000
Paradise Valley Land
$499,000
Paradise Valley Land
$4,500,000
Paradise Valley Land
$3,400,000
Paradise Valley Land
$1,800,000
MLS# 6036642

6831 N 58th Place
Paradise Valley, AZ 85253

Property Type: C
Paradise Valley Land
$2,500,000
Paradise Valley Land
$920,000
Paradise Valley Land
$1,375,000
MLS# 6028844

7116 N 46th Place
Paradise Valley, AZ 85253

Property Type: C
Paradise Valley Land
$2,395,000

Paradise Valley Land (Lots) ~ Monthly Market Report

Sales
(for land and lots)
Our April property sales were 2, down from 3 in April of 2019 and -77.8% lower than the 9 sales last month. April 2020 sales were at a mid level compared to April of 2019 and 2018. April YTD sales of 18 are running 157.1% ahead of last year’s year-to-date sales of 7.

Prices
(for land and lots)
Our median sales price in April was $935,000, equal to $935,000 in April of 2019 and down -37.0% from $1,485,000 last month. The average sales price in April was $935,000, up 6.5% from $878,333 in April of 2019 and down -46.5% from $1,746,389 last month. April 2020 ASP was at a mid range compared to April of 2019 and 2018.

Inventory
(for land and lots)
The total inventory of properties available for sale as of April was 65, down -8.5% from 71 last month and down -16.7% from 78 in April of last year. April 2020 Inventory was at the lowest level compared to April 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 April was 177, up from 131 days last month and up from 71 days in April of last year. The April 2020 DOM was at a mid range compared with April 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 April 2020 selling price per square foot of $0 was equal to $0 last month and equal to $0 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 2020 selling price vs list price of 75.5% was down from 90.0% last month and down from 82.8% in April 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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