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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, United States. The town is known for its expensive real estate, luxury golf courses, shopping, and restaurant scene. According to the 2010 census, the population of the town was 12,820. 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.

Paradise Valley Market Report

$2,954,182

AVERAGE PRICE OF 316 HOMES

$1,824,980

AVERAGE PRICE OF 5 DISTRESSED HOMES

$3,215,681

AVERAGE PRICE OF 284 MULTI-MILLION DOLLAR HOMES

$3,641,716

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$3,225,104

AVERAGE PRICE OF 263 HOMES WITH A POOL

$2,773,750

AVERAGE PRICE OF 115 REDUCED PRICE HOMES

Average Home

Average Price $2,954,182
Avg Bedrooms 4.44 beds
Avg Bathrooms 6.73 baths

Average Price by Bedrooms

1 bedroom $406,225
2 bedrooms $860,335
3 bedrooms $1,837,942
4 bedrooms $2,210,881
5 bedrooms $3,260,177
Paradise Valley Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 299 312 355 391 434
Average Price $2,927,633 $2,854,042 $2,808,670 $2,883,742 $2,863,377
Avg Price Change +2.58% +1.62% -2.67% +0.71% -1.16%
Median Price $2,273,823 $2,180,936 $2,198,402 $2,292,539 $2,199,900
Med Price Change +4.26% -0.80% -4.28% +4.21% -1.39%
Avg Bedrooms 4.43 beds 4.44 beds 4.47 beds 4.48 beds 4 beds
Avg Bathrooms 5.1 baths 5.08 baths 5.1 baths 5.18 baths 5.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 14 $1,913,843 128 days
Camelback High School 29 $2,637,269 140 days
Chaparral High School 104 $2,900,328 153 days
Saguaro Elementary School 29 $3,569,241 163 days
Saguaro High School 132 $3,054,696 147 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 316 $2,954,182 148 days
Distressed Homes 5 $1,824,980 96 days
Multi-Million Dollar Homes 284 $3,215,681 154 days
Newly Built Homes 71 $3,641,716 166 days
Homes with a Pool 263 $3,225,104 150 days
Reduced Price Homes 115 $2,773,750 219 days

School Data

Highly Rated Paradise Valley Schools

10

CHEROKEE ELEMENTARY SCHOOL
Elementary School
Public

9

COCHISE ELEMENTARY SCHOOL
Elementary School
Public

9

HOPI ELEMENTARY SCHOOL
Elementary School
Public

10

KIVA ELEMENTARY SCHOOL
Middle School
Public

JK Realty
Rome Towers
1760 E Pecos Rd, Suite 501
Gilbert, AZ 85295
480-733-8500

© 2018 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 JK Realty 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 23, 2018