Paradise Valley 85253 Real Estate Market Update - Monday Nov 21, 2022

By Julie Pelle

Real Estate Agent with Compass

November 21, 2022 07:47 PM

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

	Active listings decreased to 179 homes.
	Average sale price per square foot decreased to $684.36/SqFt.
	Average sale price as % of list price decreased to 91.90%.
	Average sale price increased to $3,850,552.
	Highest priced home sold in past 6 months was for $14,500,000.
	Number of homes sold in past 6 months decreased to 112.

	Active listings increased 16.98%.
	Months supply increased 263.33%.
	Average sale price per square foot increased 1.20%.
	Average sale price as % of list price decreased 1.23%.
	Average sale price increased 27.58%.
	Median sale price increased 24.64%.
	Monthly sales volume decreased 17.04%.