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Paradise Valley Market Report

What Paradise Valley homes actually sold for, and how long they took.

359 single family sales, July 1, 2025 to July 31, 2026, broken out by the roads residents actually use. Not an estimate and not a citywide average, with the number of sales behind every figure so you can see how much it carries.

Single family homes sold, by area
AreaSoldMedian$/sq ftDays% of list
Camelback Mountain CorridorSouth of McDonald Drive, against Camelback Mountain67$4,100,000$1,0056696%
Mummy MountainMcDonald Drive to Lincoln Drive49$4,650,000$8905896%
Central Paradise ValleyLincoln Drive to Doubletree Ranch Road97$4,535,000$8946895%
North Paradise ValleyNorth of Doubletree Ranch Road146$4,070,000$7426895%

Condominiums, townhouses and patio homes are excluded. They trade as a separate market here, not a cheaper version of the same one. Blending the two produces a number that describes neither.

The medians barely move. The land does.

All four bands sit within a few hundred thousand of each other on median price. Price per square foot is a different story: $1,005 against the mountain, $742 at the north end.

Same money, larger house, cheaper ground. Which of those two numbers matters depends entirely on what you are selling, and an automated estimate that only knows the zip code cannot tell the difference.

Age moves the price more than the address does.

Homes built in the last three years sold at a median of $9,100,000 and $1,250 per square foot. Homes built before 2000 sold at $3,500,000 and $757. That is the widest gap in this report, and it dwarfs the difference between any two parts of town.

Built 2023 or later59 sold$9,100,000$1,250/sq ft90 days
Built 2015 to 202244 sold$5,850,000$1,013/sq ft87 days
Built 2000 to 201448 sold$4,907,500$763/sq ft96 days
Built before 2000208 sold$3,500,000$757/sq ft56 days

One more thing the table shows: the older homes sold in 56 days against 90 for new construction, because a $3,500,000 entry has more buyers than a $9,100,000 one. If you own an older Paradise Valley home, the new-build number is not someone else’s market. It is what builders believe your lot can become.

How this was put together

  • Source. ARMLS, closed sales July 1, 2025 to July 31, 2026. Pulled 2026-08-15.
  • Houses only. Single Family Residence only. Attached product is reported separately, never blended.
  • Why it is cut this way. Paradise Valley has 224 subdivisions across 359 house sales, so subdivision medians would be meaningless. Banded instead by the roads residents actually use: McDonald, Lincoln and Doubletree Ranch.
  • Worth knowing. Medians are close across all four bands. The difference is price per square foot, which falls as you move north: the same money buys a larger house on cheaper land.
  • Worth knowing. Age moves price in Paradise Valley more than location does: new builds at a $9.1M median against $3.5M for pre-2000 homes, while the older stock sells faster.

Where does your home sit in this?

The table gives you the area. What it cannot tell you is where your specific house falls inside it, which comes down to the lot, the condition, the street and who your buyer turns out to be. That is a conversation, and it is free.

Or start with a valuation

Anne Sostman · The Brokery · Arizona License SA718853000