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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. It is the wealthiest municipality in Arizona.[4] The town is known for its luxury golf courses, shopping, and restaurant scene.[citation needed] According to the 2010 census, the population of the town was 12,820.[2] 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.[5] It should not be confused with Paradise Valley Village, an official municipal designation, in northeast Phoenix. For instance, Paradise Valley Community College, Paradise Valley High School, Paradise Valley Hospital, Paradise Valley Mall, and Paradise Valley Golf Course are all located several miles to the north of the town, in Phoenix. The town's name along with all the other various entities bearing the same name comes from the expansive area known as Paradise Valley, that spreads from north of the Phoenix Mountains to Cave Creek and Carefree on the north and the McDowell Mountains to the east. Residents attend schools in the Scottsdale Unified School District. The Paradise Valley Unified School District is one of the largest in the state, though like many other institutions with the name Paradise Valley, it refers to the Phoenix village, and not to the town via picture

Paradise Valley Arizona

Paradise Valley Market Report

$5,514,507

AVERAGE PRICE OF 169 HOMES

$5,800,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$5,828,526

AVERAGE PRICE OF 159 MULTI-MILLION DOLLAR HOMES

$9,599,255

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$6,309,410

AVERAGE PRICE OF 137 HOMES WITH A POOL

$2,566,857

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $5,514,507
Avg Bedrooms 4.54 beds
Avg Bathrooms 5.11 baths

Average Price by Bedrooms

1 bedroom $365,000
2 bedrooms $1,343,150
3 bedrooms $2,315,521
4 bedrooms $4,313,495
5 bedrooms $6,589,237
Paradise Valley Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 165 n/a n/a n/a 167
Average Price $5,792,392 n/a n/a n/a $6,389,415
Avg Price Change n/a n/a n/a n/a +10.14%
Median Price $4,096,500 n/a n/a n/a $4,980,137
Med Price Change n/a n/a n/a n/a +12.37%
Avg Bedrooms 4.62 beds n/a n/a n/a 4.72 beds
Avg Bathrooms 5.26 baths n/a n/a n/a 5.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 8 $6,516,125 167 days
Camelback High School 16 $9,015,200 187 days
Chaparral High School 58 $4,373,891 82 days
Saguaro Elementary School 13 $6,384,462 104 days
Saguaro High School 70 $5,357,297 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 169 $5,514,507 116 days
Distressed Homes 1 $5,800,000 4 days
Multi-Million Dollar Homes 159 $5,828,526 122 days
Newly Built Homes 38 $9,599,255 240 days
Homes with a Pool 137 $6,309,410 130 days
Reduced Price Homes 7 $2,566,857 51 days
r3homegroup - Brokered by Delex Realty
6170 W Chandler Blvd Suite 14
Chandler, AZ 85226
602-320-7547


Chris Lawler, Originating Branch Manager, CrossCountry Mortgage, LLC; NMLS 869968 | Branch NMLS2213428 | Company NMLS3029

© 2022 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 Jeff Cayton - R3 Home Group 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. August 18, 2022
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