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Latest Market Trends for Paradise Valley Real Estate 85253

By
Real Estate Agent with Luxury Valley Homes Scottsdale SA524104000

Latest Market Trends for Paradise Valley Real Estate 85253

Paradise Valley Real Estate 85253Paradise Valley is a small affluent town the Maricopa county. It has a relatively small land area, however, despite it's size, Paradise Valley is home to 12 resorts, making it one of Arizona's premier tourist destination.

Here are  the latest market trends for Paradise Valley Real Estate 85253.

85253 is an affluent (median household income: $117,487) upscale suburban zip code in Paradise Valley, Arizona. The population is primarily white, older, and mostly married couples. At $655,300 the average home value here is a bit higher than average for the Phoenix-Mesa-Scottsdale metro area, so this probably isn't the place to look for housing bargains.

The median age here is 45.4. There are 8,685 men and 8,875 women. The median age for men is 45.4 while for women the median age is 45.4.

85253 Zip code is located in the Mountain time zone.

Looking for a Paradise Valley property? View current listings here.

Paradise Valley 85253 Price Trends - Sold vs. Listed

Paradise Valley Real Estate 85253 Price Trends - Sold vs. Listed

 The median list price in January for single family homes in Paradise Valley is $1,924,950. The list prices increased by 2.28% from the previous month.

The price per square foot for listings in this area is $395.

The median sale price in September for single family homes is $750,000. The sale prices dropped by -65.11%from the previous month.

Market Inventory Trends

Paradise Valley Real Estate 85253 Market Inventory Trends

The number of active listings in Paradise Valley increased by 1.2%from the previous month.

The median number of days active properties have been listed is 99. This is significantly shorter than the national average.

Paradise Valley 85253 Property Ownership

Paradise Valley Real Estate 85253 Property Ownership

The percent of owner occupied properties in Paradise Valley is10.63% above the national average.

Statistics for Single Family Homes and Condos 85253

Statistics for Single Family Homes and Condos in Paradise Valley 85253

The article "Latest Market Trends for Paradise Valley Real Estate 85253" is brought to you by the Luxury Valley Homes team. Should you have any questions or in need of further information about the area, email or call us at 480-595-6412.

 

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