Paradise Valley Housing Market Update

April saw 68 homes enter the market which is down from the prior month number of 80 bringing the total inventory of homes for sale to 430. Home sales (46) were up from the prior month (37).

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In the $1 – $2 million sector there are currently 155 homes on the market. Sales (17) were same as the prior month number of 17. Home sales over $2 million were up from 10 homes to 13 homes and inventory remained pretty much the same.The current average sale price is $340/foot and annual appreciation is 10.2 % this month versus the same month prior year.

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