The short answer

As of October 30, 2026, there are 224 homes, condos, and townhomes listed for sale in Paradise Valley, with a median list price of $5,225,000. Over the past 12 months, 416 Paradise Valley homes sold at a median price of $3,800,000, or $849 per square foot, after a median of 62.5 days on market. Homes closed at a median of 96% of their final list price. With about 6.5 months of supply, the market is leaning toward buyers.

Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a Paradise Valley address in the MLS, as explained in the FAQ below.

The Paradise Valley market, by the numbers

Closed residential sales, October 30, 2025 to October 30, 2026.

416
Homes sold in the past 12 months
$3,800,000
Median sale price
$849
Median price per square foot
62.5 days
Median days on market
96%
Median sale to final list price
93.12%
Median sale to original list price
224
Homes for sale today
6.5
Months of supply
88%
Sales at $1 million or more
14%
Closed sales with a seller concession

Months of supply is today's 224 listings divided by the 12 month average of about 35 sales per month. 368 of the 416 sales closed at $1 million or more. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record.

Paradise Valley median sale price, 10 years

Yearly median sale price of closed residential sales, 2016 to 2026.

Paradise Valley median home sale price by year Line chart of the yearly median sale price from 2016 to 2026. The table below the chart lists every value. $0 $500K $1M $1.5M $2M $2.5M $3M $3.5M $4M $4.5M 2016: $1,177,500 median, 410 sales 2016 $1.18M 2017: $1,312,500 median, 516 sales 2017 2018: $1,425,000 median, 535 sales 2018 2019: $1,432,500 median, 546 sales 2019 2020: $1,722,500 median, 644 sales 2020 2021: $2,300,000 median, 738 sales 2021 2022: $2,999,900 median, 425 sales 2022 2023: $2,922,500 median, 392 sales 2023 2024: $3,000,000 median, 355 sales 2024 2025: $3,550,000 median, 417 sales 2025 $3.55M 2026 year to date: $3,993,825 median, 348 sales 2026 YTD $3.99M

The median sale price for homes with a Paradise Valley address went from $1,177,500 in 2016 to $3,550,000 in 2025, up 201%. So far this year, through October 29, 2026, the median is $3,993,825. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.

See the yearly numbers
YearMedian sale priceHomes sold
2026 (through October 29, 2026)$3,993,825348
2025$3,550,000417
2024$3,000,000355
2023$2,922,500392
2022$2,999,900425
2021$2,300,000738
2020$1,722,500644
2019$1,432,500546
2018$1,425,000535
2017$1,312,500516
2016$1,177,500410

Source: ARMLS via Flexmls. Closed residential sales by calendar year, calculated by Arizona Luxury Partners.

What the numbers mean right now

Our read on the market, for buyers and for sellers.

Over the past 12 months, 416 homes with a Paradise Valley address sold, and 88% of them closed at $1 million or more. Today 224 are listed for sale, and 83 of those have already had a price change.

Pricing is where homes win or sit. 128 of last year's sales, or 31%, went under contract within 30 days, at about 97% of list price on average. 113, or 27%, took more than 120 days, and those closed at about 86% of their original list price on average.

If you are buying

  • The typical home sold about 7% below its original list price, so there is room to negotiate on homes that have been listed a while.
  • 14% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
  • Compare a home against recent sales in the same neighborhood and price range, not Paradise Valley as a whole.
  • Get pre-approved first so you can act quickly when the right home comes up.

If you are selling

  • Your first month matters most. Homes that sold within 30 days closed at about 97% of list price on average.
  • Homes that sat more than 120 days closed at about 86% of their original list price, so pricing right at the start pays.
  • Price against recent sales in your own neighborhood, and show how your home compares on size, lot, and updates.
  • We can show you the exact sales we would use to price your home.

Get a Paradise Valley home value

About Paradise Valley

Homes, land, and amenities in Paradise Valley, Arizona.

The Town of Paradise Valley sits between Camelback Mountain, Mummy Mountain, and the Phoenix Mountains, surrounded by Phoenix and Scottsdale. Homes are almost all single-family homes on large lots, with resort properties throughout. Some homes inside the town use a Scottsdale or Phoenix mailing address, and Paradise Valley Unified School District serves a different area of north Phoenix, not this town.

Population
12,251 (2025 Census estimate), 12,658 in the 2020 Census
Land area
15.38 square miles
School districts
Scottsdale Unified, Creighton Elementary, and Phoenix Union High
Median home size sold
4,419.5 square feet over the past 12 months
Listings with a price change
83 of 224 active listings
Official site
Town of Paradise Valley

Paradise Valley homes we have helped clients buy and sell

White-glove service at every price point.

A collection of our sold properties

Nearby areas

Compare Paradise Valley with other places we work.

Paradise Valley questions, answered

How much do homes cost in Paradise Valley?

The median sale price was $3,800,000 for the 416 homes, condos, and townhomes with a Paradise Valley address that sold from October 30, 2025 to October 30, 2026, or $849 per square foot. Homes listed for sale on October 30, 2026 had a median list price of $5,225,000.

How many homes are for sale in Paradise Valley right now?

As of October 30, 2026, 224 homes, condos, and townhomes with a Paradise Valley address were listed for sale in the MLS. The search on this page updates continuously, so it always shows the current count.

How fast do homes sell in Paradise Valley?

Homes that sold over the past 12 months spent a median of 62.5 days on the market and closed at a median of 96% of their final list price, or 93.12% of their original list price.

Is Paradise Valley a buyer's market or a seller's market?

With 224 listings today and about 35 sales a month over the past year, Paradise Valley has about 6.5 months of supply, which is leaning toward buyers. Conditions vary a lot by price range and neighborhood, so ask us for the numbers on the homes you are considering.

How common are seller concessions in Paradise Valley?

60 of the 416 closed sales, or 14%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown.

What school districts serve Paradise Valley?

Paradise Valley is served by Scottsdale Unified, Creighton Elementary, and Phoenix Union High. Boundaries do not always follow city lines, so confirm the assigned schools for a specific address with the district.

How have Paradise Valley home prices changed over the past 10 years?

The median sale price for homes with a Paradise Valley address was $1,177,500 in 2016 and $3,550,000 in 2025, up 201%. So far this year, through October 29, 2026, the median is $3,993,825.

How does this page define Paradise Valley?

Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is Paradise Valley. The MLS city is the mailing address city, which does not always match city limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on October 30, 2026.

Thinking about Paradise Valley?

Your vision, your home, our expertise.

Tell us what you are looking for and we will send new Paradise Valley listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.

Your advisors

Kyle HermannAssociate Broker | Realtor®
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
Cheryl SolanoCRS® | Realtor®
480.518.0181
cheryl@azluxurypartners.com
License SA541911000
Meet Cheryl
Art BuckAssociate Broker | Realtor® | CCIM
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art

Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties

Sources

  1. ARMLS via Flexmls. Residential closed sales October 30, 2025 to October 30, 2026, and active listings on October 30, 2026, for listings whose MLS city is Paradise Valley. Medians and months of supply calculated by Arizona Luxury Partners.
  2. Population and land area: U.S. Census Bureau, accessed October 30, 2026.
  3. City information: Town of Paradise Valley, accessed October 30, 2026.
  4. ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through October 29, 2026, for listings whose MLS city is Paradise Valley, used for the 10 year median sale price chart.
  5. School districts: Wikipedia, Paradise Valley, Arizona, accessed October 30, 2026.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. Population and land area come from the U.S. Census Bureau. School district boundaries can change, so confirm the assigned schools for a specific address with the district. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.