Town Of Paradise Valley Housing Market Update As Of April 26, 2025
*Information Deemed Reliable But Not Guaranteed. Subject To Change Without Notice.
Home Prices & Market Trends
Median Home Value: Approximately $3.25 million, marking a 10.6% increase over the past year.
Median Sale Price: Around $4.25 million as of February 2025, up 37.4% year-over-year.
Median Listing Price: Approximately $5.5 million, with a median price per square foot of $909.
Median Sold Price: About $3.4 million, indicating that homes are selling for roughly 3.9% below their listing price.
Days on Market: Homes typically remain on the market for 81 days or more before selling.
Price Reductions & Buyer Dynamics
Homes with Price Drops: Approximately 25.1% of listings have experienced price reductions, suggesting sellers are adjusting expectations in a market with ample inventory.
Sale-to-List Price Ratio: Homes are selling at about 95.5% of their listing price, indicating buyers have room to negotiate.
Market Type: Paradise Valley is currently considered a Buyer’s Market, meaning the supply of homes exceeds demand, giving buyers more leverage.
Foreclosure Activity
Foreclosures: There are currently 3 properties in foreclosure within Paradise Valley. This low number reflects the area’s economic stability and the affluence of its residents.
Inventory & Sales Volume
Homes Sold: In February 2025, 35 homes were sold, up from 17 in the same month last year, marking a 105.9% increase in sales volume.
Inventory: As of February 2025, there were 182 homes listed for sale in Paradise Valley.
Market Summary
Paradise Valley’s housing market remains robust, with significant year-over-year appreciation in home values. However, the increase in price reductions and extended days on market indicate a shift towards a more balanced market, offering opportunities for buyers to negotiate. The minimal foreclosure activity underscores the financial resilience of the community.
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Office Number: 480-998-0676,
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Luxury Homes & Mansions
Town Of Paradise Valley's Premier Luxury Home and Mansion Expert: Alan Ripa, P.C.
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Exceptional Luxury Homes & Mansions Available For Your Consideration
Updated As Of March 31, 2025
Original List Price:
$19,495,000
Now Only
$19,495,000
Under construction (est. completion Fall '25) in the exclusive neighborhood of Silver Sky, Nova is an 11,965 sq/ft, 6 bed, 10 bath, 5-car estate receiving national accolades, winning the Best in American Living Award, this expansive estate blends classic European charm with modern design and luxury. Privately gated entrance opens to an large courtyard providing a full view of this captivating home. Boasting floor-to-ceiling windows with thin sightlines and a natural stone façade, the home exudes a classic European charm.
Original List Price:
$50,000,000
Now
$50,000,000
Internationally acclaimed South African architectural firm SAOTA has brought their transformational aesthetic to Paradise Valley, Arizona, with ''Starlight'', a finalist in the World Architecture Festival (WAF) Future Projects category. Inspired by water and wind + the rock formations, the home is designed to emerge organically from Camelback Mountain. Cantilevered horizontal planes elegantly anchor the nearly 17,000 sqft home and extend into the sky.
Original List Price:
$21,950,000
Now Only
$21,950,000
Welcome to Casa de Niños, an extraordinary 4 ACRE estate in one of the most prestigious neighborhoods in Paradise Valley. This estate offers unparalleled living experiences w/ serene ponds + waterfalls that wind thru the property. Upon entering the home, admire soaring 26ft ceilings in the great rm opening thru high arched doors to vast grounds + beautiful views of Camelback Mtn. Featuring huge lawns, tennis court, resort pool w/ swimup bar, ramada w/ charcoal + gas bbqs, 6 TVs, 2 beer taps, poolhouse w/ sauna + 16 car garages w/ man cave for 10 cars.
Criginal List Price:
$14,000,000
Now
UCB (Under Contract-Backups)
Casa La Roca, another single-level masterpiece estate built by DNP Homes, a stunning Mission-style estate set on a next-level Paradise Valley view lot. The breathtaking views of Camelback and Phoenix Preserve are prominently secured here; guests can elegantly be greeted within a zen-friendly gated courtyard before entering through its 16-foot arched glass entryway. Designed for entertaining, highlights include a 50-foot infinity-edge pool, a back kitchen, a walk-in wine room, and a state-of-the-art smart home system.
Original List Price:
$19,000,000
Now Only
$17,950,000
Without a doubt, this is the most breathtaking home currently on the market in Paradise Valley. A true masterpiece by Drewett Works, this home is a perfect blend of sleek, modern design and unparalleled luxury. From the moment you step inside, the stunning views of Camelback and Mummy Mountain will take your breath away. Floor-to-ceiling disappearing windows seamlessly merge indoor and outdoor spaces. The residence features 4 spacious en-suite bedrooms, an office, a den, a gym, a bonus area (which could easily serve as a 5th bedroom), and a gourmet kitchen complete with a large island, custom cabinetry, and a wine cellar—perfect for any culinary enthusiast.
Original List Price:
$16,999,888
Now Only
$16,999,888
Arizona's #1 custom home build team, Norton Luxury Homes & Stately Development, with over a decade of designing and building Paradise Valley's most exclusive residences, present an opportunity to own the next custom estate, on 2.25 acres, priced below market value as a pre-sale. The sister property by the exact same build team just completed next door and sold for $18,750,000 as a pre-sale. PICTURES ARE OF SISTER PROPERTY NEXT DOOR.
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"We had lived in our home for 22 years, and we were definitely high-maintenance-clients. But, Alan took all our demands and specific requests in his stride, carefully listening to what we wanted and finding the new home he knew we’d be thrilled to own. He wasn’t about to rest until we were WOWED! He found us that home.”
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Alan Ripa, P.C. is our Exclusive REALTOR of choice. He’s a great negotiator and makes sure everybody has a positive experience. We don’t have to tell you about his integrity and dedication; we’ll let our ongoing 10 year relationship speak for itself.”
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Alan is a fabulous relationship-builder. I believe he was able to create a perfect match for us because he listened to our needs, addressed our concerns, pinpointed the details most important to us and provided effective representation during the negotiations.”
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Alan is a expert in his profession. Real pleasure to know and do business with.
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