Market Insider for Paradise Valley (85253)

The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Call or email anytime to discuss how this information can benefit you!

 

Housing Market Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

 

Housing Inventory Trends

The number of active listings in Paradise Valley (85253) dropped by 19.3% from the previous month.

The median number of days active properties have been listed is 117. This is much longer than the national average primarily due market values in properties in Paradise Valley

The number of sales in June dropped by 80.7% from the previous month. This is normal for Paradise Valley.

 

Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Additional Statistics for Paradise Valley

$2,201,230

117

386

1.6%

Median Listing Price

Median Days on Market

Active Listings

Distressed Listings
(foreclosures and short sales)

 

 

  • Neighborhood and sold information provided by Onboard Informatics © 2019 Onboard informatics. Information deemed reliable but not guaranteed.
  • School Review data by com
  • School Performance data by com

Information Deemed Reliable But Not Guaranteed.

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© 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing Information Current As Of Jul 5, 2019 4:39:am