Paradise Valley 85253 Real Estate Market Update-Monday August 15, 2022

By Julie Pelle

Real Estate Agent with Launch Real Estate

August 15, 2022 04:46 PM

Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253.

	Active listings decreased to 127 homes.
	Average sale price per square foot increased to $720.61/SqFt.
	Average sale price as % of list price decreased to 97.48%.
	Average sale price decreased to $4,024,375.
	Highest priced home sold in past 6 months was for $21,000,000.
	Number of homes sold in past 6 months decreased to 195.

	Active listings decreased 11.27%.
	Months supply increased 183.33%.
	Average sale price per square foot increased 27.35%.
	Average sale price as % of list price decreased 2.65%.
	Average sale price increased 31.81%.
	Median sale price increased 29.96%.
	Monthly sales volume decreased 12.31%.