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Paradise Valley

Why you'd want to live in Paradise Valley

Paradise Valley is a small, affluent town in Maricopa County, Arizona. It is the wealthiest municipality in Arizona.[4] The town is known for its luxury golf courses, shopping, and restaurant scene.[citation needed] According to the 2010 census, the population of the town was 12,820.[2] Despite the town's relatively small area and population compared to other municipalities in the Phoenix metropolitan area, Paradise Valley is home to eight full-service resorts, making it one of Arizona's premier tourist destinations. It is also known for expensive real estate.[5] It should not be confused with Paradise Valley Village, an official municipal designation, in northeast Phoenix. For instance, Paradise Valley Community College, Paradise Valley High School, Paradise Valley Hospital, Paradise Valley Mall, and Paradise Valley Golf Course are all located several miles to the north of the town, in Phoenix. The town's name along with all the other various entities bearing the same name comes from the expansive area known as Paradise Valley, that spreads from north of the Phoenix Mountains to Cave Creek and Carefree on the north and the McDowell Mountains to the east. Residents attend schools in the Scottsdale Unified School District. The Paradise Valley Unified School District is one of the largest in the state, though like many other institutions with the name Paradise Valley, it refers to the Phoenix village, and not to the town via picture

Paradise Valley Arizona

Paradise Valley Market Report

$4,654,685

AVERAGE PRICE OF 217 HOMES

$939,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$4,979,302

AVERAGE PRICE OF 201 MULTI-MILLION DOLLAR HOMES

$6,619,735

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$5,255,944

AVERAGE PRICE OF 177 HOMES WITH A POOL

$2,886,889

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $4,654,685
Avg Bedrooms 4.52 beds
Avg Bathrooms 5.12 baths

Average Price by Bedrooms

1 bedroom $909,483
2 bedrooms $915,999
3 bedrooms $2,481,262
4 bedrooms $4,621,983
5 bedrooms $5,002,917
Paradise Valley Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 193 210 227 244 260
Average Price $4,430,225 $4,231,547 $4,297,204 $4,121,438 $3,923,999
Avg Price Change +4.70% -1.55% +4.26% +5.03% +7.95%
Median Price $3,446,976 $3,365,700 $3,390,933 $3,240,633 $3,211,523
Med Price Change +2.41% -0.75% +4.64% +0.91% +1.48%
Avg Bedrooms 4.47 beds 4.46 beds 4.44 beds 4.4 beds 4.46 beds
Avg Bathrooms 5.08 baths 5.08 baths 5.15 baths 5.14 baths 5.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 2 $5,825,500 26 days
Camelback High School 17 $4,884,530 133 days
Chaparral High School 72 $3,995,526 96 days
Saguaro Elementary School 27 $5,670,148 113 days
Saguaro High School 96 $4,769,654 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 217 $4,654,685 110 days
Distressed Homes 1 $939,900 166 days
Multi-Million Dollar Homes 201 $4,979,302 112 days
Newly Built Homes 55 $6,619,735 178 days
Homes with a Pool 177 $5,255,944 115 days
Reduced Price Homes 9 $2,886,889 56 days
r3homegroup - Brokered by Delex Realty
6170 W Chandler Blvd Suite 14
Chandler, AZ 85226
602-320-7547


Chris Lawler, VP/Branch Manager, NMLS 869968 | Nova Financial & Investment Corporation, dba NOVA® Home Loans NMLS 3087 | NOVA® BK 0902429 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4131230. Also licensed by the CA-DBO under the CFL #6036566. Loans made or arranged pursuant to a California Financing Law License. | Office Phone: 520.577.4774 | Equal Housing Opportunity | Privacy Policy | Fair Lending Statement | NMLS Consumer Access | Advertisement

© 2021 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Jeff Cayton - R3 Home Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. September 24, 2021
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