New Expansion in Price Cuts for Paradise Valley Real Estate Market

The number of price cuts in the Paradise Valley market climbed to 77 over the last 30 days, furthering a determined positive trend. Perhaps due to the decreases in list prices, sales increased to 26 homes sold. The median sales price dropped to $1,347,500, down from last week's $1,500,000. Paradise Valley is still a strong buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.

Looking for a amazing deal on your next home? Take a look at these listings that recently had their prices slashed:

$9M   $5M   $8.6M  

Get started right now by checking out Paradise Valley homes for sale or reviewing Paradise Valley real estate trends.

Demographic facts for Paradise Valley:

  • The affordability rating here is 29. (Scale: 1 = Worst, 100 = Best)
  • The area gets 7.3 inches of rain a year. (U.S. average: 36.5)
  • The income per capita in this area is $91,002.
  • The school rating in this area is 90. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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