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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

$2,878,125

AVERAGE PRICE OF 399 HOMES

$1,163,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$3,189,873

AVERAGE PRICE OF 351 MULTI-MILLION DOLLAR HOMES

$3,827,654

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$3,263,049

AVERAGE PRICE OF 316 HOMES WITH A POOL

$2,260,200

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $2,878,125
Avg Bedrooms 4.27 beds
Avg Bathrooms 4.88 baths

Average Price by Bedrooms

1 bedroom $438,000
2 bedrooms $851,665
3 bedrooms $1,879,047
4 bedrooms $2,483,532
5 bedrooms $3,147,198
Paradise Valley Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 423 426 432 390 369
Average Price $3,012,931 $3,047,684 $3,086,848 $3,191,811 $3,123,337
Avg Price Change -1.15% -1.29% -3.40% +2.19% +2.49%
Median Price $2,485,333 $2,478,104 $2,409,192 $2,447,833 $2,419,828
Med Price Change +0.29% +2.86% -1.60% +1.16% +1.74%
Avg Bedrooms 4.34 beds 4.4 beds 4.47 beds 4.5 beds 4.42 beds
Avg Bathrooms 5 baths 5.07 baths 5.14 baths 5.19 baths 5.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 7 $1,983,857 226 days
Camelback High School 20 $3,073,900 238 days
Chaparral High School 138 $2,521,456 142 days
Saguaro Elementary School 42 $4,255,426 159 days
Saguaro High School 180 $2,869,057 139 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 399 $2,878,125 149 days
Distressed Homes 3 $1,163,333 88 days
Multi-Million Dollar Homes 351 $3,189,873 158 days
Newly Built Homes 73 $3,827,654 145 days
Homes with a Pool 316 $3,263,049 158 days
Reduced Price Homes 20 $2,260,200 146 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

9

SEQUOYA 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

© 2019 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. May 20, 2019