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Paradise Valley AZ Market Update

Real Estate Market Stats

Zillow Home Value Index: $1,055,100

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $1,055,100 $146,200
Median Single Family Home Value $1,097,400 $146,400
Median Condo Value $448,800 $145,200
Median 3-Bedroom Home Value $913,600 $140,900
Median 4-Bedroom Home Value $1,113,500 $231,000
Percent Homes Decreasing 7.3% 55.8%
Percent Listing Price Reduction 33.2% 28.9%
Median List Price Per Sq Ft $258 $92
Median List Price $1,775,000 $185,000
Median Sale Price $1,110,000 $176,500
Homes Recently Sold 36 267,974
Property Tax $7,242 $2,105
Turnover (Sold Within Last Yr.) 6.2% 3.3%
Median Value Per Sq Ft $344 $106
1-Yr. Change 11.8% -3.1%
Homes For Sale By Owner 0 49,803
New Construction 0 44,602
Foreclosures 32 523,668

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