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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

$3,177,602

AVERAGE PRICE OF 404 HOMES

$9,312,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$3,414,464

AVERAGE PRICE OF 370 MULTI-MILLION DOLLAR HOMES

$3,860,033

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$3,548,166

AVERAGE PRICE OF 329 HOMES WITH A POOL

$2,113,663

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $3,177,602
Avg Bedrooms 4.5 beds
Avg Bathrooms 5.17 baths

Average Price by Bedrooms

1 bedroom $443,000
2 bedrooms $844,076
3 bedrooms $1,822,882
4 bedrooms $2,393,544
5 bedrooms $3,289,511
Paradise Valley Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 369 368 331 302 299
Average Price $3,123,337 $3,047,498 $2,998,575 $2,969,341 $2,927,633
Avg Price Change +2.49% +1.63% +0.98% +1.42% +2.58%
Median Price $2,419,828 $2,378,485 $2,291,086 $2,312,529 $2,273,823
Med Price Change +1.74% +3.81% -0.94% +1.70% +4.26%
Avg Bedrooms 4.42 beds 4.41 beds 4.42 beds 4.43 beds 4.43 beds
Avg Bathrooms 5.16 baths 5.13 baths 5.65 baths 5.98 baths 5.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 13 $2,044,154 139 days
Camelback High School 33 $2,770,773 150 days
Chaparral High School 132 $2,994,528 148 days
Saguaro Elementary School 45 $4,320,900 122 days
Saguaro High School 170 $3,202,633 134 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 404 $3,177,602 138 days
Distressed Homes 4 $9,312,500 453 days
Multi-Million Dollar Homes 370 $3,414,464 143 days
Newly Built Homes 69 $3,860,033 169 days
Homes with a Pool 329 $3,548,166 145 days
Reduced Price Homes 27 $2,113,663 178 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

© 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. January 23, 2019
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