Paradise Valley luxury estates for sale

The median sale price was $7,417,500 for the 140 homes in Paradise Valley luxury estates that sold from October 31, 2025 to October 31, 2026, or $1,158 per square foot, with sale prices from $5,000,000 to $40,238,000. Homes listed for sale on October 31, 2026 had a median list price of $8,887,500.

As of October 31, 2026, 120 homes were listed for sale in Paradise Valley luxury estates in the MLS, and 49 of them were priced at $10 million or more. The search on this page updates continuously, so it always shows the current count.

Homes that sold over the past 12 months spent a median of 86.5 days on the market and closed at a median of 95.68% of their final list price, or 92.12% of their original list price.

With 120 listings today and about 12 sales a month over the past year, Paradise Valley luxury estates has about 10.3 months of supply, which is leaning toward buyers. Price points and home types move at different speeds, so ask us for the numbers on the homes you are considering.

10 of the 140 closed sales, or 7%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $27,500.

Of the 344 listings that left the market over the past 12 months, 140 closed and 204 were cancelled or expired, a listing success rate of 41%. A listing that was cancelled and then relisted counts as cancelled.

The Town of Paradise Valley was incorporated on May 24, 1961, and had 12,658 residents at the 2020 census, on about 15.4 square miles of land, according to Wikipedia. Mummy Mountain sits in the middle of town and Camelback Mountain forms its southern border. The Paradise Valley Independent reports that the town's general plan sets a minimum lot size of one acre per house, and that this R-43 low density residential zoning covers about 65.6% of the town's land use allocation.

The median sale price for Paradise Valley homes that sold for $5 million or more was $6,212,500 in 2016 and $6,525,000 in 2025, up 5%. The highest yearly median in that span was $9,375,000 in 2017. So far this year, through October 30, 2026, the median is $7,525,000.

Our search and statistics include residential listings in the MLS city of Paradise Valley that sold for, or are listed at, $5 million or more. Paradise Valley here is the city on the MLS record, which follows the mailing address and can include homes outside the town limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on October 31, 2026.