Just in case you were interested… OR just curious in where Paradise Valley Home prices are now …. and trending – from Michael Chaisson – Paradise Valley Specialist – Compass Realty
Please note, the following, is NOT a ‘canned’ report used by most Realtors using a ‘marketing service’, with news, recipes and promo material but a carefully researched report,
by myself, I am an expert in Paradise Valley Real Estate, using the most recent sales in Paradise Valley and I use very concise data points. CALL or TEXT with Questions.
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.
So we live in the right zip code 85253 . However, the Paradise Valley real estate market is ever changing, read below for the latest trends
Statistics – Recent Past and Present
The hard numbers , comparing 2026 summers sales numbers and data – with Summer 2025
In July of 2022, the listings in Paradise Valley hovered around 109 – available Single family homes. Today, as of this writing, (Aug 23) there were 166 single family homes for sale in Paradise Valley – an increase of over 41% with a CMI decrease of over 25%. These two numbers are representative of substantially less demand, than in 2022. During Paradise Valley highest demand period, there were less than 59 homes available for Buyers interested in Paradise Valley.
Today August 23rd 2026 there have been 12 sales between July 15, 2026 until August 23rd. 2026, using the most accurate analysis and data for trending the values of resale homes in Paradise Valley
85253. (Noting: Paradise Valley has ‘higher values neighborhoods’ and higher value neighborhoods for a specific neighborhood trend analysis, please feel to call it’s free.
The overall per square foot price was $849.42 reflecting a sale to ask difference of (minus) -6%. Reminding readers during Paradise Valleys highest demand period in 2022 – 2023 . Paradise Valley reached a
high of , an “average ask” to sale price of 100% and less than 50 days on market before sale. Currently, average numbers days on market is 111 days, from the date of first public listing to final sale ….with the highest number of days on market during this summer period being 325 DOM..
COMPARING 2025 Summer Sales Numbers. using the same criteria & time period as used in 2026.
There were an equal 12 sales between July 15, 2025 until August 23rd. 2025, using the most accurate analysis and data for trending the values of resale homes in Paradise Valley
85253. (Noting: Paradise Valley has higher neighborhoods areas and lower value neighborhoods for a specific neighborhood trend analysis, please feel to call it’s free)
The per square foot price was $852.09 reflecting a closing sale price to asking price difference of (minus) -6%. (same as 2026) . The Average numbers days on market was 102 days
from the date of list to sale with the highest number of days on market being 309 days on market . Days on market, indicates two primary market factors, The overall market demand and #2 Whether sellers
pricing their home to the market trend and values. NOTING: The difference between asking price and sale price, based on the data, can be a little misleading AS, the data shows *what the final difference was between list price and sale price – WHEN the home went into contract … which in a more balanced market (similar to now) means in some cases; AFTER the property’s LIST price was altered to within 6% of buyers perception of value for that home compared to other homes.
Summary
Overall comparison – Sale prices of resale homes on average are flat.. less than 1% down and ‘days on market’ are only slightly up, indicating a near imperceptible market slowdown for resale homes in Paradise Valley
It’s ‘telling’ as I was preparing this report, another well known PV agent came to say “hi” …at my open house, and said, ‘ he thought the market was still going up’ . . 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 send 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, trust but verify.
What the current numbers means for those wanting to sell in Paradise Valley is: You can still get an excellent number for your home, but the competition is getting stiffer and buyers ‘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 for you, requires a higher degree of experience, knowledge and talent. 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 90 days. However, If you have a specific market question, please call 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 us. I look forward to hearing from you.