Updated weekly

Paradise Valley Real Estate Market

Weekly Housing Trends & Home Prices

Track Paradise Valley real estate with weekly inventory, new listings, contracts, prices and days on market from ARMLS data.

Paradise Valley Real Estate Market This Week

This report tracks single-family and residential listings in the Town of Paradise Valley each week, with a closer look at the luxury segment.

Week ending October 23, 2026 · Single-family and residential listings, Paradise Valley

215Active homes for saleFirst week of tracking
12New listings this weekFirst week of tracking
6Under contract this weekFirst week of tracking
5Closed sales this weekFirst week of tracking
$5,295,000Median asking priceFirst week of tracking
$4,185,000Median sold price (30 days)First week of tracking
32 daysMedian days to contractFirst week of tracking
13Price reductions this weekFirst week of tracking

Paradise Valley had 215 homes for sale this week, with 12 new listings and 6 homes going under contract. 5 homes closed, and 13 active listings reduced their price. Over the last 30 days, the median sold price was $4,185,000 and homes took a median of 32 days to go under contract. New listings outpaced homes going under contract, giving buyers more choices.

Paradise Valley Market Indicators

This week compared with the prior week.

Market indicatorThis weekChange
Active homes for sale215First week of tracking
New listings this week12First week of tracking
Homes going under contract this week6First week of tracking
Closed sales this week5First week of tracking
Median asking price$5,295,000First week of tracking
Median sold price (last 30 days)$4,185,000First week of tracking
Median days to contract (last 30 days)32 daysFirst week of tracking
Price reductions this week13First week of tracking

Paradise Valley Luxury Market

Active luxury homes and homes going under contract this week, by price range.

Price rangeActive listingsUnder contract this week
$1M – $2M140
$2M – $3M151
$3M – $5M454
$5M+1141

Paradise Valley had 188 active homes priced at $1 million and up this week, and 6 of them went under contract. Higher price ranges usually have fewer buyers, so homes there tend to take longer to sell.

Paradise Valley Monthly Housing Market Trends

Monthly figures reported by Flexmls for Paradise Valley single-family and residential listings.

MonthActive listingsNew listingsPendingSoldMedian askingMedian soldAvg. days on market
Sep 2026203822325$5,345,000$3,325,00074
Aug 2026169572831$5,000,000$3,350,00099
Jul 2026191392434$4,999,500$4,449,50095
Jun 2026246363433$5,097,500$3,580,000116
May 2026276453043$5,495,000$4,100,000108
Apr 2026300643936$4,997,444$2,954,00088

Is Paradise Valley a Buyer’s or Seller’s Market?

It depends on the property type and price range. A buyer’s market generally occurs when inventory exceeds demand, giving buyers more options and negotiating room. A seller’s market develops when inventory is limited relative to demand. In Paradise Valley, a well-priced, remodeled view home may draw strong interest while a home that needs updates takes longer to find the right buyer, because each segment has a different buyer pool.

Should I Buy or Sell in Paradise Valley Right Now?

For buyers, current inventory, competing listings, financing costs and negotiating opportunities matter most. For sellers, start with a review of competing homes, recent comparable sales, buyer demand and your home’s condition and pricing. The most useful question is how current conditions affect your specific home and neighborhood.

Paradise Valley Real Estate Market FAQs

What is the current median home price in Paradise Valley?

It changes with the reporting period and property type. The weekly numbers above show the current median asking price and the median sold price over the last 30 days, and the monthly table shows longer-term trends.

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

The number of active listings changes daily. This report shows an updated weekly count from ARMLS data for single-family and residential listings with a Paradise Valley city designation.

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

It depends on price range and property type. A remodeled view home and a home that needs updates can behave very differently, so compare inventory and days to contract for the type of home you are buying or selling.

Are Paradise Valley home prices going up or down?

Trends vary by neighborhood and price range. Because there are fewer sales here than in larger cities, a few high-priced sales can move the median a lot.

How long does it take to sell a home in Paradise Valley?

It depends on condition, pricing, location and competition. See the median days to contract above for current conditions.

Are there gated communities in Paradise Valley?

Yes. Finisterre is guard-gated, and Clearwater Hills is a gated hillside area.

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Data source: Arizona Regional Multiple Listing Service (ARMLS) via Flexmls. Weekly figures cover the 7 days ending on the date shown; median sold price and days to contract use the last 30 days of closed sales. Figures come from listings available to our website and may differ slightly from official MLS reports.

Local guide

Paradise Valley Real Estate Market: What to Know

The Paradise Valley real estate market changes week to week. This page shows the latest numbers in plain language, so you can make better decisions.

Aerial view of Paradise Valley estates and mountains

What the Numbers Show

The weekly report tracks active listings, new listings and prices. It also shows the median days to contract. As a result, you can see whether homes are selling fast or slow right now.

Why Each Segment Is Different

Paradise Valley has a smaller number of sales than larger cities, so numbers can move more from week to week. For example, a few very high-priced sales can change the median price. Therefore, look at trends over several weeks.

How Buyers and Sellers Can Use This Report

Buyers can see how much room they have to negotiate. Sellers, on the other hand, can set a realistic price and timeline. In addition, both can track changes over time.

Get a Closer Look

Numbers are a starting point. For a look at your neighborhood or home, browse all Paradise Valley communities and homes for sale, or contact The Holm Group.

Common Questions About the Paradise Valley Market

How often is this report updated? The market numbers update every week.

Where does the data come from? The report uses ARMLS listing data for homes with a Paradise Valley city designation.

Can you give me numbers for my neighborhood? Yes. We can pull recent sales and listings for your specific area.

Andrew Holm, The Holm Group

Ask Andrew

Want a personalized Paradise Valley market analysis?

Every home and neighborhood has its own market conditions. Andrew can explain what current trends mean for your home, your neighborhood and your plans.