Paradise Valley Village Housing Market Report February 2025•Maricopa County, Arizona

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Housing Prices in Paradise Valley Village, AZ

How much do homes in Paradise Valley Village, AZ cost?

Housing Market Conditions

Is Paradise Valley Village, AZ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Paradise Valley Village is a Neutral Market

Difference Since February 2024

At the same time last year, Paradise Valley Village was a Seller's Market.

Insight

Paradise Valley Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$640,193$353/SqFt
-$121
0.0%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Paradise Valley Village has remained the same since last year.

Summary: The median home sold price in Paradise Valley Village was $640,193 in February 2025, the same as last year, and the median price per square foot was $353.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Paradise Valley Village
0.0%
Anasazi Village
-7.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$307K$293.7K
-4.3%
2$370K$400K
+8.1%
3$580.4K$573.8K
-1.1%
4$799.5K$850K
+6.3%
5$1.2M$1.2M
+4.2%

Summary: Paradise Valley Village housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.3%. The home price for 2 bedroom homes increased by +8.1%. The home price for 3 bedroom homes decreased by -1.1%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes increased by +4.2%.

How does Paradise Valley Village, AZ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Paradise Valley Village, AZ

Housing supply in Paradise Valley Village, AZ

How many homes are available in Paradise Valley Village, AZ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
838Last MonthFeb 2025
7342 months agoJan 2025
+14.2 %
Change MoMJan – Feb

Summary: The Paradise Valley Village real estate market had 838 homes for sale in Feb 2025, a 14.2 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
138Last MonthFeb 2025
1222 months agoJan 2025
+13.1 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
14149
+19.5%
295114
+20.0%
3317339
+6.9%
4211254
+20.4%
57082
+17.1%

Summary: Paradise Valley Village housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +19.5%. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +6.9%. The inventory for 4 bedroom homes increased by +20.4%. The inventory for 5 bedroom homes increased by +17.1%.

Asking Price vs. Sold Price

How much do homes in Paradise Valley Village, AZ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price21 Homes

At Asking Price38 Homes

Under Asking Price79 Homes

Insight

If you're buying a home in Paradise Valley Village, you may be able to get a good deal. 57.2% of homes here sold below asking price last month.

Summary: A total of 138 homes were sold or pending in Paradise Valley Village in February 2025, up by 13.1% month-over-month. Of the 138 sold homes, 57% were sold under asking, 28% were sold at asking, and and 15% were sold over asking.

Days on Market for Paradise Valley Village, AZ

How long does it take to sell a home in Paradise Valley Village, AZ?

Breakdown of Home Sale Times

Under 30 Days49 Homes

30 – 90 Days62 Homes

Over 90 Days27 Homes

Insight

Avg time on Rocket Homes in Paradise Valley Village has remained consistent over time.

Summary: During February 2025, 138 homes were sold in Paradise Valley Village; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
53 DaysThis YearFeb 2025
60 Days1 year agoFeb 2024
-11.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Paradise Valley Village had an average listing age of 53 days in Feb 2025, down by 11.4% compared to the previous year.

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Newest Listings in Paradise Valley Village, AZ

What homes are available in Paradise Valley Village, AZ?

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MLS Disclaimers and Copyright

Based on information from Arizona Regional MLS, Prescott Area MLS, and Northern Arizona Multiple Listing Service for the period 03/01/2023 - 03/01/2025

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Last updated on: 3/16/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Prescott Area Association Of Realtors, Inc. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Prescott Area Association Of Realtors, Inc. All rights reserved.
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Last updated on: 3/16/2025, 11:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/16/2025, 11:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.