Paradise Valley 85253 Real Estate Market Update - Monday Sep 3, 2018

By Julie Pelle

Real Estate Agent with Launch Real Estate

September 03, 2018 06:44 PM

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

	Active listings decreased to 254 homes.
	Average sale price per square foot decreased to $375.20/SqFt.
	Average sale price as % of list price increased to 94.03%.
	Average sale price decreased to $1,998,858.
	Highest priced home sold in past 6 months was for $6,175,000.
	Number of homes sold in past 6 months remained at 231.

	Active listings decreased 12.62%.
	Months supply decreased 4.65%.
	Average sale price per square foot increased 4.24%.
	Average sale price as % of list price increased 1.07%.
	Average sale price increased 4.87%.
	Median sale price increased 15.78%.
	Market distress index decreased 33.33%.