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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

$6,050,984

AVERAGE PRICE OF 264 HOMES

$6,680,375

AVERAGE PRICE OF 237 MULTI-MILLION DOLLAR HOMES

$8,997,131

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$7,061,063

AVERAGE PRICE OF 213 HOMES WITH A POOL

$3,049,500

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $6,050,984
Avg Bedrooms 4.51 beds
Avg Bathrooms 5.17 baths

Average Price by Bedrooms

1 bedroom $511,850
2 bedrooms $925,183
3 bedrooms $3,488,916
4 bedrooms $4,289,428
5 bedrooms $7,369,620
Paradise Valley Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 235 202 195 219 212
Average Price $5,961,564 $6,055,151 $5,916,040 $5,775,677 $5,783,488
Avg Price Change -1.57% +2.35% +2.43% -0.14% +3.35%
Median Price $4,708,833 $4,955,684 $4,873,180 $4,678,246 $4,494,900
Med Price Change -5.24% +1.69% +4.17% +4.08% +9.84%
Avg Bedrooms 4.51 beds 4.61 beds 4.64 beds 4.67 beds 4.66 beds
Avg Bathrooms 5.19 baths 5.29 baths 5.29 baths 5.23 baths 5.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia High School 16 $5,156,438 144 days
Camelback High School 27 $10,833,770 134 days
Chaparral High School 86 $4,930,855 99 days
Saguaro Elementary School 27 $5,373,589 95 days
Saguaro High School 100 $6,244,405 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 264 $6,050,984 116 days
Multi-Million Dollar Homes 237 $6,680,375 122 days
Newly Built Homes 65 $8,997,131 202 days
Homes with a Pool 213 $7,061,063 121 days
Reduced Price Homes 14 $3,049,500 106 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

© 2023 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. March 28, 2023
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