Here is an updated market analysis of Paradise Valley, Arizona (ZIP code 85253) covering the period from May through July 1, 2025:
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.
In Paradise Valley’s case, the price trends are primarily driven by local market forces, not macroeconomic currency shifts.
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.
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.
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:
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 .
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
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.
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.
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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.
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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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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!
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.
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.