Home Prices in Paradise Valley Arizona Updated Today

 My name is Michael Chaisson, I am specialist in Paradise Valley Real Estate. Following are details on where home prices in Paradise Valley Home are today and beginning to trend. Please read on.  

Please note, the  following report,  is NOT a ‘canned’ report used by most Realtors using a ‘marketing service’,   but a carefully researched report prepared by me, for you.  I specialize in Paradise Valley Real Estate If you live in Paradise Valley than  you have already seen my signs.

In order to prepare the report I use the most recent sales in Paradise Valley and multiple data points. Please call or text anytime with interest in detailed Market Questions – It will be my pleasure answer those 480-450-4632.

Preamble 

#1. The housing market is cyclical. 

#2. The most desirable areas always rise the fastest (in an up market) and decline the slowest in a declining market.

Paradise Valley, ‘the Beverly Hills of Arizona’,  Scottsdale and the Arcadia neighborhood zip codes of 85253, 85262, 85255, 85259, 85260, 85258, 85250, 85251 and the 85018 zip codes are some of Arizona’s most prestigious housing zip codes. 

PAST REVIEW of Home Prices and Housing Market.

Between 2022 and 2023,  During Paradise Valley’s highest housing demand period, there were at times less than 60 homes available for Buyers interested in Paradise Valley.  Today in November 2026,  buyers can choose from over 192 single family homes for sale.  

Today’s Review of Paradise Valley  Pricing Trends

The latest statics and data, comparing home prices between September 2026 to November 2026– to the same period from September to November in 2025 evaluation.

 To view the Scottsdale Housing Report Click Here. 

Let’s Dive in  – November 2026 Report- There have been 18 sales in the 85253  zip code between September 1st, 2026 until November 12th. 2026,  and there were 33 home sales – based on the same criteria in 2025.   Do you consider a drop of nearly 50%  in Paradise Valley Home sales considerable? 

Noting: Paradise Valley has ‘higher value neighborhoods’ – and lessor value neighborhoods. For a specific neighborhood trend analysis, please feel free to call,  it will be an informative call.  

During this period in 2026, the overall per square foot price was $848.75 per square foot on the 8 sales in the most desired portion of Paradise Valley. Reflecting a sale to asking price difference of  (minus) -6%. With average days on market being 124 days before selling. These numbers reflect an increase of 20.4%  in days on market, than in 2025.|

During the same period in 2025, there were 15 sales in Paradise Valleys most sought after area, nearly twice as many homes selling in 2025 than in 2026. However those sales were at an average PSF sale price of  $775 per square foot. Comparing, the most desired portion of Paradise Valley reflecting a sale to asking price difference, lower than in 2026 of (minus) -5%. With an average days on the market, being 101 days on market. Noting again – 40% less sales in 2026, 23 MORE days on market –  HOWEVER, homes sales at an 8.99% psf increase in sale price   Quick overview analysis –  less homes sales, more days on market, higher negotiation rate yet, higher psf .  

 Days on market,  indicates two primary market factors, The overall market demand and #2.  Are sellers pricing their home to the market trends and values. NOTING: The -6% reflects the difference between the final or last asking price and sale price. Essentially although the aesthetics may be different, it is when, overall,  buyers see equal value compared to competing Paradise Valley homes.  

  See Example below – The graph for home below shows a history of a beautiful PV home, that was on the market 489 days… and then sold within 80 days after a price reduction. For 8.9% below list… So buyers beware, be patient, NOT every home is priced according to market conditions. Allow sellers to learn market conditions and to reduce accordingly. This graph is from a sale in 2017 – You can see comparative pricing  principles applied. 

Similar note to Sellers – You can price high but wisely. 

Example of List to Sale price – Address redacted as courtesy to home seller.

Paradise Valley New Construction Sales 

New Construction homes in Paradise Valley were selling at an average of $1568.00 per square foot over the last 6 months – Based on the most common new construction size range of, between 6 and 9 thousand square feet. In comparison, New Homes Sales in Paradise Valley the year previously 2025- were selling at an average of $1,272.00 per square foot... with a listing price to selling price difference of minus 6% . Whereas in 2026 the listing to selling price difference was only minus 4%. Yes, the luxury market is looking still strong.

OBSERVATIONS

The per square foot selling difference between 2025 and 2026 is substantial.. What I observed was that in 2026 there were less buyers and those buyers were more selective, choosing properties that were substantially upgraded,  where as in 2025, in a unique set of circumstances,  many older, less remodeled homes were sold. Essentially buyers were seeking more bargains, for homes in the most desirable part of Paradise Valley, whereas in 2026, buyers dispensed with the idea of remodeling, preferring, more finished homes 

Reminding readers during Paradise Valley’s highest demand period in 2022 – 2023 . Paradise Valley reached a high of ,  an “average ask”  to sale price of  100% and most homes sold in less than 50 days.   Currently, the average number of days on market is 124 days,  from the date of first public offering to final sale ….with the highest number of days on market during this 2026 sale period being 355 DOM. 

Summary

Overall comparison – Sale prices of resale homes went UP for much improved homes… and there is still value in well built older homes needing remodeling. However overall prices for equally updated and quality homes are UP 8.9% – This places ‘Paradise Valley’ as the highest increasing market in the Phoenix Metro area. And IN FACT Scottsdale came in 2nd at 3.2% increase, with ALL others Phoenix per square foot numbers DROPPING or flat .

  It’s ‘telling’ as I was preparing this report,  another well known PV agent came to say “hi” …at my open house,  and made an absolutely incorrect market guess’ .   . Regarding his comment , “yes”… Mis-information is common, no matter the ‘ perceived’ knowledge…. or the degree of confidence, the information is shared. I personally prepare these reports and check facts twice, then provide those to you. We live in a world now, where statements are made with no basis in fact… i.e. ‘simply, to push a point of view’.  Meaning now, we all need to nod politely – “ trust but verify”. 

TIPS FOR PARADISE VALLEY HOME SELLERS.

What the current numbers mean for those wanting to sell in Paradise Valley is: You can still achieve a top dollar number for your home, but the competition is getting stiffer than in 2022 and 2023 and buyers are ‘pickier’,  so preparation, presentation, and marketing are going to be key.  Any respected Realtor can sell a home, but to sell at top dollar,  with the highest degree of comfort, requires a higher degree of experience, knowledge and talent.

TIPS FOR PARADISE HOME BUYERS 

In order to select and buy a home in Paradise Valley or Scottsdale it is equally important to have an agent who absolutely knows the market or you are at risk of losing hundreds of thousands of dollars prior to moving even the first piece of furniture. 

I look forward to discussing the market with you anytime. It’s a genuine pleasure to be a part of this community.  Look for my next market update in next 30 days. However, If you have a specific market question, please call or email anytime… free answers and I promise, never to send spam. 

For more information on the most recent housing market and changes ahead, please feel free to reply to this email or call me. I look forward to hearing from you.

HOME INVENTORY IN PARADISE VALLEY

Today’s Home Prices in Paradise Valley Arizona

In the uber luxury market of Paradise Valley, ‘The Beverly Hills of Arizona’  Homes for sale in Paradise Valley available.

Homes Currently Available in Paradise Valley.  November 2026 Of the current 185 active SFR listings in Paradise Valley, the least expensive livable home is $1,745,000 for 2,600 square foot home, built in 2001, on a 8,500 square foot lot. There are currently 5 homes in Paradise Valley listed at or over 25 million. The most expensive being $35,000,000 on Mockingbird Lane. 

Homes Currently Available between 3000 sf and 4500sf  – Call
Homes Currently Available between 4501 sf and 6500sf  – Call
Homes Currently Available between 6501 sf and 8500sf  – Call
Homes Currently Available between 8501 sf and 40,000sf – Call 

 Additional Market Data – Paradise Valley

Paradise Valley current current MI (Call for definition and data) –

Top THREE Reasons to Search Here

1. 99% of the reports I read from other Realtors are out of date AND inaccurate.
2. Other reports are NOT specific to the neighborhood. Looking for detailed information on the Luxury Homes in Paradise Valley or Scottsdale – I will provide direct data with an informed perspective.
3. I am #1 in expertise, honesty and my integrity is unwavering. I am here solely for your goals.

Call to view homes in Paradise Valley or Scottsdale. Ranked as one of Paradise Valley most respected and recognized Realtors. Michael Chaisson 480-450-4632

 Rated – Top 50 Realtors by Phoenix Magazine.

See Today’s Mortgage Rates For Lower than Market rates please call me – Provided by Paradise Valley – Scottsdale Realtor
Michael Chaisson -Named Top 50 Realtors by – Phoenix Magazine