Paradise Valley, AZ had a slight increase in the month of September in average sales price. The number of new listings as well as average list priced declined, which is a variance to most surrounding cities.
Paradise Valley: 510 Active Inventory
| September 2009 |
September 2008 |
August 2009 |
|
| Ave. Sold $ |
$1,458,000 |
$1,446,000 |
$1,453,000 |
| Ave. List $ |
$1,9991,000 |
$2,414,000 |
$2,048,000 |
| New Listings |
65 |
81 |
91 |
| Active Inventory |
510 |
528 |
518 |
| Sold Listings |
26 |
11 |
27 |
| Accepted Offers |
25 |
15 |
26 |
| Days on Market |
187 |
141 |
138 |
| Months Supply of Inventory |
19.6 |
48.0 |
19.2 |
Maricopa County Statistics:
Active Inventory: 30,870 (+166 from August)
Ave. Price of Active Listings: $386,296 (+$142,296 from August)
Ave. Price of Sold Properties: $181,552 (+$4,552 from August)
Based on information from Arizona MLS. Information deemed reliable but not guaranteed
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Andy Zeal is a Realtor® at Coldwell Banker Residential Brokerage in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For specific neighborhood statistics call 480-540-2291 or visit www.AndyZeal.com
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