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December 08, 2007

Paradise Valley, AZ Market Update for November 2007

Here are the latest real estate market statistics for Paradise Valley, AZ. These numbers represent single family (SFR) homes only. The number of homes on the market where the asking price has been reduced *: 34.0%

Average October 2007 November 2007 % Change
Asking Price $2,329,755 $3,269,919 40.4%
Sales Price $2,159,214 $2,980,461 38.0%
% of Asking Price 93% 91% -2.0%
$/SQFT $445 $579 30.1%
Days on Market 239 141 -41.0%
Total Transactions 14 13 -7.1%

Search for Paradise Valley, AZ homes and condos for sale. Read more about neighborhoods in the Paradise Valley, AZ area.

All numbers are from the MLS and are deemed reliable but not guaranteed. Market numbers as of 12/07/2007: 441 properties on the market with 150 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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