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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

$3,109,497

AVERAGE PRICE OF 407 HOMES

$1,225,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,406,494

AVERAGE PRICE OF 363 MULTI-MILLION DOLLAR HOMES

$4,568,415

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$3,443,763

AVERAGE PRICE OF 334 HOMES WITH A POOL

$3,130,808

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $3,109,497
Avg Bedrooms 4.42 beds
Avg Bathrooms 5 baths

Average Price by Bedrooms

1 bedroom $498,250
2 bedrooms $952,674
3 bedrooms $1,991,341
4 bedrooms $2,649,905
5 bedrooms $3,383,010
Paradise Valley Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 335 343 345 320 290
Average Price $3,176,683 $3,141,300 $3,057,196 $2,991,349 $2,899,528
Avg Price Change +1.13% +2.75% +2.20% +3.17% +3.16%
Median Price $2,472,487 $2,400,079 $2,382,636 $2,334,997 $2,298,680
Med Price Change +3.02% +0.73% +2.04% +1.58% -0.06%
Avg Bedrooms 4.43 beds 4.43 beds 4.42 beds 4.41 beds 4.38 beds
Avg Bathrooms 5.07 baths 5.03 baths 4.99 baths 5 baths 4.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 6 $2,004,000 133 days
Camelback High School 26 $3,224,535 130 days
Chaparral High School 128 $2,606,656 106 days
Saguaro Elementary School 54 $3,348,102 124 days
Saguaro High School 183 $3,434,344 127 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 407 $3,109,497 119 days
Distressed Homes 1 $1,225,000 134 days
Multi-Million Dollar Homes 363 $3,406,494 127 days
Newly Built Homes 69 $4,568,415 142 days
Homes with a Pool 334 $3,443,763 123 days
Reduced Price Homes 24 $3,130,808 108 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

© 2020 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. February 21, 2020