Town Of Paradise Valley Housing Market Update As Of June 1, 2025
*Information Deemed Reliable But Not Guaranteed. Subject To Change Without Notice.
When It Comes To Buying Or Selling A Luxury Home In The Town Of Paradise Valley, Few Professionals Offer The Depth Of Expertise That Alan Ripa, P.C. Does.
Growing Up In The Town Of Paradise Valley And A Real Estate Specialist In The Area Since 1991, Alan Brings Unmatched Local Insight And Decades Of Experience To Every Transaction.
Alan Is Not Only A Seasoned Realtor®, But Also An Emmy Award-Winning Creative Professional.
He Personally Produces High-End Advanced Media Video Tours, Media, And Custom Photography—Far Surpassing The Industry’s Standard “Cookie-Cutter” Marketing Seen On Most Listings.
His Visual Storytelling Elevates Your Property’s Market Presence And Appeal.
A Pioneer In Real Estate Technology, Alan Listed His First Home Online In 1994.
Today, His Advanced Internet, Social Media, And Traditional Marketing Strategies Work In Concert To Deliver Powerful, Effective Results.
Those Skills Allows Him To Market A Mansion With Pin Point Accuracy Just About Anywhere In The World And On Just About Any Iphone, Ipad, Laptop, Desk Top Computer And Even TV’s In Some Cases.
As A Buyer’s Representative, Alan Provides More Than Market Access—He Offers Strategic Guidance Rooted In Hyper-Local Knowledge.
He Understands The Nuances Between Strong And Weak Areas Within Paradise Valley And Can Identify True Value Versus Overpricing.
With A Background Observing Construction Trends, Alan Also Distinguishes Quality Fit And Finish From Average Craftsmanship—Saving His Clients From Costly Mistakes.
Whether You’re Buying Or Selling, Alan Ripa, P.C. Is Not Just An Agent—He’s Your Competitive Edge In The Town Of Paradise Valley’s Elite Mansion Market.
If you're considering Buying or Selling A Mansion Valued $10 Million Dollars Or More in The Town Of Paradise Valley, Contact Alan Ripa, P.C. Office Number: 480-998-0676.
Here is an updated market analysis of Paradise Valley, Arizona (ZIP code 85253) covering the period from May through July 1, 2025:
Real Estate Market Overview: Important Message…
Is the Price Increase In Town Of Paradise Valley Due to a Devalued Dollar?
Yes — Partially
A weakening dollar increases the nominal price of real assets like real estate, especially in high-end markets like Paradise Valley. This happens because:
Real estate is a hedge against inflation — investors shift money into property when the dollar weakens.
Construction/material costs rise with inflation (driven by a weaker dollar), pushing up home prices.
Foreign buyers may find U.S. real estate more attractive when the dollar is weaker relative to their currencies.
But — Not Entirely
In Paradise Valley’s case, the price trends are primarily driven by local market forces, not macroeconomic currency shifts.
Key local factors:
Low Inventory: There’s still limited luxury home supply in Paradise Valley.
Affluent Demand: High-net-worth individuals are still buying — many with cash, making them less sensitive to interest rates or currency movements.
Migration: Arizona (especially Scottsdale/PV) continues attracting wealthy remote workers and retirees.
Property Uniqueness: Custom homes on large lots push values up — they’re not easily replicated.
What About the Dollar’s Trend in 2025?
As of mid-2025, the U.S. dollar has weakened slightly compared to mid-2024, largely due to:
Lower interest rate expectations from the Fed.
Rising national debt and inflation concerns.
This does contribute to real asset inflation, but Paradise Valley’s pricing strength is more rooted in supply/demand dynamics and luxury market positioning.
Bottom Line
Yes, the devaluing dollar plays a supporting role, especially in asset appreciation and cost inflation.
No, it’s not the main reason prices are rising — local market strength and desirability are much more significant in Paradise Valley’s case.
If you’re considering Buying or Selling A Mansion Valued $10 Million Dollars Or More in The Town Of Paradise Valley, Contact Alan Ripa, P.C.
Office Number: 480-998-0676.
From May 1 to July 1, 2025, the real estate market in Paradise Valley, AZ shows mixed but generally cooling trends:
Price Trends & Market Conditions
Median prices
According to Redfin, the median sale price in May was $3.9 M, down 2.5% year-over-year .
Zillow reports the Zillow Home Value Index (ZHVI) is around $3.26 M, up 10.4% over the past year through May 31, 2025
Rocket Homes shows a larger 16% YoY gain in May, with median sold price at $3.525 M and price-per-sq‑ft at $759.
Insight: Year-over-year, values have risen ~10–16%. However, month-to-month, signs point to a softening market—with slightly lower medians and buyer advantage emerging.
Supply & Sales Volume
Listings dropped modestly from April to May (from ~303 to 295 homes), while sales fell ~23% MoM
Homes are staying on the market longer: average days on market rose from 96 to 142 days (+47.6% YoY, May)
Sale-to-list price ratio declined to ~94.8%, with 28% of homes having price cuts—marking a shift toward buyer leverage .
Buyer vs Seller Dynamics
Paradise Valley was a seller’s market, but is tipping toward buyer advantage.
Rocket labels it a Buyer’s Market in May 2025.
Cromford CMI for PV is ~120, slowly trending down (balance point is 100)
Across Metro Phoenix, buyers have gained significant leverage—there is now a surge in inventory relative to buyers
Price Forecast (May–July)
A forecast model estimates average home prices rising modestly:
| Month | Avg Price (USD) |
|---|---|
| May 2025 | $2.070 M |
| June 2025 | $2.074 M |
| July 2025 | $2.079 M |
If you’re considering Buying or Selling A Mansion Valued $10 Million Dollars Or More in The Town Of Paradise Valley, Contact Alan Ripa, P.C.
Office Number: 480-998-0676.
Alan's New Podcast About Growing Up In The Town Of Paradise Valley And Scottsdale.
New PodCast 2.28.25 Talking About Restaurants We Grew Up With.
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Luxury Homes & Mansions
Town Of Paradise Valley's Premier Luxury Home and Mansion Expert: Alan Ripa, P.C.
Are You In Search Of Opulent Living Spaces And Unmatched Elegance In The Town Of Paradise Valley? Look No Further! Alan Ripa, P.C. Is The Foremost Authority On Luxury Real Estate In This Prestigious Community, And He’s Here To Turn Your Dream Of Owning Or Selling A Luxury Home Or Mansion Into A Reality.
Unrivaled Expertise: Growing Up In The Town Of Paradise Valley And With Over Four Decades Of Experience In The Paradise Valley Real Estate Market, Alan Ripa, P.C. Has Solidified His Reputation As The Go-To Expert For Luxury Properties. His Extensive Knowledge Of The Local Market Trends, Neighborhoods, And Architectural Styles Ensures That You’re Not Just Buying Or Selling A Property, But An Experience Tailored To Your Unique Desires.
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Exceptional Luxury Homes & Mansions Available For Your Consideration
Updated As Of July 1, 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:
$16,500,500
Now Only
$16,500,500
Paradise Valley's Pinnacle of Luxury Living set on the 4th fairway of the PVCC golf course with unobstructed Mummy Mountain views, magnificently framed in your backyard. Experience a once-in-a-generation estate custom built in 2025 by Paramount Luxury Development and Sapanaro Development. This Santa Barbara-inspired masterpiece blends breathtaking architecture with Arizona's natural beauty. Step inside to soaring ceilings, walls of glass, a dual-island kitchen, immaculate prep kitchen, professionally designed cinema room, a wellness retreat with sauna and an attached guest casita, all meticulously designed to create a life of effortless luxury.
Original List Price:
$13,488,000
Now Only
$13,488,000
This exclusive sanctuary, privately gated 1.1-acre. Offering breathtaking, unobstructed Camelback Mountain views—from Praying Monk to the tail—this exceptional home boasts a seamless flow from the grand glass living area to a resort-style backyard. The outdoor space features a stunning party pool that spills into a one-lane lap pool, two fire features perfect for cool nights, multiple seating areas, a custom covered patio being built over the outdoor BBQ island, a pickleball court, and a putting green. Spanning nearly 9,600 square feet, this residence includes seven bedrooms and eight bathrooms.
Original List Price:
$16,999,888
Now Only
$16,999,888
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. Paradise Valley's next large estate lot with epic views of Camelback Mountain, Mummy Mountain, and the McDowell Mountains can be yours. This stately residence boasts 6 Bedrooms, 8 Bathrooms, Game Room, Library, 6 Garages, Bar, Guest House and Incredible Outdoor Entertainment spaces. Purchase the property before completion like next door to buy below market value before price increases occur.
Specialist Areas
Remodeling background for your Projects
Alan combines his artistic talents with his advanced computer skills, perfecting what he calls Digital Renovation. Helping Sellers & Buyers Visualize their Architectural , Design Ideas, Decorating or Landscape changes to a certain property through Computer Renderings. Contact Alan for more details! Discover Alan’s wide real estate practice areas:
- Luxury Homes
- Mansions
- Land
- New Construction
- Digital Renovation
- Luxury Lease
- Consultation
- Buyers
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- Inverstors
- Vacation Homes
- Specialty Properties
3 Reasons to Hire Alan ripa, P.C.
01.
Proven Success Rate.
It does not matter how challenging a property maybe to sell or how hard it is to find someone’s Dream Home, Alan’s Determination and Persistence to win for each client is his priority. Getting the job done…Is Job One whether Selling or Buying!
If there was an advantage in time, money or marketing exposure, would it be worth just 60 minutes of your time for you to have a Marketing Consultation with Alan?
Absolutely It Is… Without Question!
02.
Provides Creative Solutions.
Alan’s unique combination of Creative Talents & Computer Skills allows him to be able to provide information to Buyers and Sellers to help them make critical decisions in ways the others can’t or don’t know how to do. Blending Traditional Real Estate Methods with Advanced Digital Media- Hi~Tech Internet Methods Is Complex, But not for Alan as he uses his Emmy Award Winning Creative and Technical Skills on a daily basis helping Sellers Sell their homes quicker and for more return and Buyers find their Dream Homes quicker & at the Best Price.
03.
Proven Knowledge & Experience.
Moving to the Town Of Paradise Valley in 1968 with his family, Alan witnessed the amazing growth that has taken place around the valley providing him decades of local knowledge. In Addition, with over 35 years of Local Real Estate Experience & Success under his belt, You will have the edge when it comes to Selling Or Buying.
Testimonials
"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.”
Elden & Carol Barmore
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.”
Jeff & Debra Burling
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.”
Mary Gerdts
Alan is a expert in his profession. Real pleasure to know and do business with.
John Soderberg at Cabaret Homes, Inc.