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 March through May 2025:
Real Estate Market Overview: Important Message… It’s My Opinion In 2025 By Alan Ripa, P.C.
Having experienced three major local market corrections in my 41 year Real Estate Career, I recognized early signs of a shifting trend last year, with home prices
beginning to soften.
What we’re now witnessing is a more pronounced pattern: sellers are chasing the market down, making substantial price reductions in an attempt to catch up with declining buyer demand.
However, this raises an important question. If inflation is driving the dollar’s value down—effectively weakening purchasing power—shouldn’t sellers be raising their prices to reflect the diminished real value of the currency, rather than reducing them?
By lowering listing prices in nominal terms during an inflationary period, sellers may inadvertently be compounding their losses. Not only are they accepting less for their property, but the money they receive is worth less in real terms. This approach seems counterintuitive and potentially harmful to a seller’s net position,
especially in high-end markets where holding costs and capital preservation are significant considerations.
In my view, sellers and their advisors need to take a more strategic approach—one that accounts for both market psychology and the macroeconomic backdrop of inflation and currency devaluation.
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.
Market Overview: March–May 2025
March 2025
Median Listing Price: $5,199,000
Median Sale Price: $3,327,500
Median Days on Market: 78 days
Homes Sold: 301
Sale-to-List Price Ratio: Approximately 96.7%
Price Reductions: Approximately 25% of homes had price reductions
Market Dynamics: The market experienced a slight cooling, with a majority of homes selling below the asking price.
April 2025
Median Sale Price: $3,550,000
Median Price per Square Foot: $753
Homes Sold: 42
Sales Below Asking Price: Approximately 79% of homes sold below asking price
Market Dynamics: The market showed signs of stabilization, with a modest increase in median sale price compared to March.
May 2025
Median Listing Price: Approximately $5.2 million
Market Dynamics: The market remained relatively stable, with high-end demand maintaining price levels.
Notable Sales: March–May 2025
Highest Sale: A 9-acre estate sold for $30 million in May 2025, marking one of the most expensive home sales in Arizona. The property featured a 14,800-square-foot main house, guest quarters, and a watchtower. WSJ
Other Significant Sales:
5203 N Monte Vista Dr: Sold for $9.25 million on March 3, 2025.
7000 E Horseshoe Rd: Sold for $6.95 million on March 7, 2025.
5715 E Cheney Dr: Sold for $4.685 million on March 5, 2025. Realtor
Market Trend Summary
The Paradise Valley real estate market experienced a slight cooling in March 2025, with a decrease in median sale prices and a higher percentage of homes selling below asking price. However, by April and May, the market showed signs of stabilization, with median sale prices increasing modestly and high-end demand sustaining price levels. The sale of a $30 million estate in May underscores the continued interest in luxury properties within the area.WSJ
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.
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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.
ALAN RIPA, P.C.
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Town Of Paradise Valley Expert
Extensive Knowledge & Experience
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.
Personalized Attention: Alan Understands That Luxury Real Estate Demands A Bespoke Approach. Alan Takes The Time To Understand Your Preferences, Lifestyle, And Investment Goals, Allowing Him To Curate A Curated Selection Of Properties That Truly Align With Your Vision Of Perfection.
Unparalleled Network: With A Vast Network Of High-Net-Worth Individuals, Industry Professionals, And International Contacts, Alan Ripa, P.C. Opens Doors To Exclusive Off-Market Opportunities That Are Beyond The Reach Of Traditional Listings. This Invaluable Network Ensures That Your Property Receives The Attention It Deserves, Whether You’re Buying Or Selling.
Negotiation Mastery: When It Comes To Luxury Real Estate, The Art Of Negotiation Is Paramount. Alan’s Proven Track Record Of Securing The Best Deals For His Clients Speaks Volumes. His Strategic Approach, Combined With A Deep Understanding Of Market Dynamics, Ensures That You’re Not Just Getting A Property, But A Masterpiece At The Right Price.
Market Insight And Analysis: Alan Ripa, P.C. Doesn’t Just Follow Market Trends; He Shapes Them. His In-Depth Market Analysis And Foresight Allow Him To Provide You With Informed Advice On Investment Opportunities, Ensuring That Your Luxury Property Not Only Meets Your Current Desires But Also Stands As A Wise Financial Choice For The Future.
Concierge Service: From Recommending Top-Tier Architects And Interior Designers To Coordinating Seamless Transactions, Alan Ripa, P.C. Offers A Concierge Level Of Service That Transcends Expectations. Your Experience Is Not Just About The Property; It’s About The Lifestyle That Comes With It.
Legacy And Trust: Alan Ripa, P.C. Is More Than A Realtor; He’s A Custodian Of Legacies. Whether You’re Buying A Home To Create Lasting Memories Or Selling To Pass On A Cherished Space, Alan’s Commitment To Preserving And Enhancing The Value Of Your Property Is Unwavering.
Elevate Your Town Of Paradise Valley Experience With Alan Ripa, P.C. Contact Us Today To Embark On A Journey Towards The Epitome Of Luxury Living.
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Your Number One Source For All Your Custom Stone Designs
Exceptional Luxury Homes & Mansions Available For Your Consideration
Updated As Of June 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:
$25,888,888
Now Only
$24,888,888
Newly Completed, 2.5 acre custom built gated estate with expansive Mountain Views in one of the most expensive neighborhoods in the state of Arizona. This stately estate, Constructed with Block, Steel, and wood - exudes quality built - inside and out. 2.5 ACRE ESTATE: 7 Bedrooms + 13 Bathrooms MAIN HOUSE: 5 Bedrooms + 10 Bathrooms + 2 Offices GUEST HOUSE: 2 Bedrooms + 2 Bathrooms POOL HOUSE: 1 Changing Room + 1 Bathroom Featuring world-class amenities: 11-Car Motor Court | Show Garage | Tennis Court | Basketball Court | Wellness Center | Gym | Steam Room | Sauna | Golf | Trampoline | Tree House | Playground | Athletic Field | Gardens | Mosaic Tile Pool |
Original List Price:
$21,800,000
Now Only
$21,800,000
Completed in November 2024, this 11,626 sqft 7 bed, 9 bath, architectural estate is a study in serenity, scale, and sculptural design. Set behind dual gates on 2.5 private, manicured acres, the home blends clean lines w/ warm materials-softened parallel steel beams, rich wood ceilings,curated stone accents-creating seamless indoor-outdoor harmony. Grand yet approachable, the layout flows around a central great room w/disappearing glass walls that lead the eye to the horizon, beyond patios to a centerpiece seamless infinity pool that reflects the mirrored sky, and then huge lawns + a lighted tennis court beyond. The thoughtful open layout separates wings for the primary, family, and guests, + both separate detached guest home + bar/theater/entertainment buildings.
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
- Sellers
- 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.