Home Sales Down in Deer Valley Real Estate Market

In this week's report, the number of homes sold in the Deer Valley market slid to 267 over the past 30 days, a decrease of 7.0% from last week's report, but still above the monthly average. Meanwhile, the Paradise Valley neighborhood reported 274 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Deer Valley, and for this period the median sales price slid from $222,900 to $222,000. Despite the slip in sales, a relatively low two months of inventory indicates that Deer Valley is a strong seller's market.

Trying to find a home in Deer Valley that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$399K   $898K   $619K  

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

Demographic facts about Deer Valley:

  • The median house value here is $156,747.
  • This area usually gets 31 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 8.6%.
  • The student-to-teacher ratio is 18.1:1. (15.3:1 = national average)

Data reported through 10/19/2016

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