Paradise Valley, AZ
Housing market overview · Updated weekly
$6.20Mmedian sale price
Homes sold
28
Last 12 weeks
Days on market
38
Average pace
Active listings
233
8.3 months supply
Sale-to-list
96.6%
Below asking
The Paradise Valley housing market is currently classified as a buyer's market with a median sale price of $6.20M. Prices have risen 44.2% compared to last year, with homes spending an average of 38 days on market, indicating 8.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Paradise Valley?
The median home sale price in Paradise Valley is $6.20M, up 44.2% from last year.
How long do homes stay on market in Paradise Valley?
Homes typically spend 38 days on market before going under contract.
Is Paradise Valley a buyer's or seller's market?
With 8.3 months of supply, Paradise Valley is currently a buyer's market.
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