Paradise Valley Property Prices See 10.6% Gain

Through the end of August 2015, Paradise Valley Arizona posted a total of 312 residential listings sold year to date as the average sales price of $1,512,655 posted a net gain of 10.6% from the same time range one year ago. The total number of sold residential listings in Paradise Valley recorded an 8.7% advance from the same period one year ago, which reported 287 sold residences, a year-to-year gain of 25 completed transactions. Reporting 57 home sales year to date, the 750,000-999,999 price category reported one of the highest numbers of completed sales transactions.

Homes For Sale Report 6% Rise. Paradise Valley has seen a total of 957 actively listed houses for sale in 2015 through August, and the 2,000,000-2,999,999 price range FALSEhomes for sale at 217. Compared to this time period a year ago, which had 900 properties for sale, Paradise Valley had a 6.3% increase in the overall inventory of active listings, a net advance of 57 properties. The area's average active list price year to date of $2,125,250 posted a gain of 6% over the average listed price of $2,004,205 from the same time range during 2014. Listed homes are requiring more days on market to sell this year on average. When compared to this reporting period last year, the average days on market for active property listings in Paradise Valley was 144 days, an advance of .7%.

Market data provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive the most current local real estate info or to request a free no obligation evaluation of your home, please call Paradise Valley real estate listing specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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