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85719 Market Insights

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The Story

The Update

Paradise Valley Market Insights (85253)

Slight Seller's Advantage

Median List Price

$450,000
New Listings: $434,900

Days on Market

99
Median DOM: 70 days

Price Changes

47% Decreased
4% Up • 19% Relisted

Market Segments

Top Quartile Seller's Market
$875,000
MAI: 45 $288
2,525 sq ft 91 DOM
Upper Quartile Seller's Market
$532,500
MAI: 65 $288
1,821 sq ft 70 DOM
Lower Quartile Seller's Market
$404,499
MAI: 82 $288
1,468 sq ft 49 DOM
Bottom Quartile Seller's Market
$302,000
MAI: 70 $288
1,207 sq ft 129 DOM

Overall Averages

Median List Price $450,000
New Listings Price $434,900
Price per Sq.Ft $288
Average Days on Market 99
Median Days on Market 70
Price Decreased % 47%
Price Increased % 4%
Relisted % 19%
Active Inventory 47
Market Action Index 37
Median Rent $1,650
Average Sq.Ft 1,755
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