In May 2018, there were 41 homes sold, with a median sale price of $1,650,000 - a 17.9% increase over the $1,400,000 median sale price for the same period of the previous year. There were 49 homes sold in Paradise Valley in May 2017.
The median sales tax in Paradise Valley for the most recent year with available data, 2017, was $7,780, approximately 0.5% of the median home sale price for May 2018.
The following table compares Paradise Valley to other Maricopa County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Uninc-85262/Tonto National Forest | 2 | 6 | -66.7% | $1,930,000 | $302,000 | 539.1% |
| Paradise Valley | 41 | 49 | -16.3% | $1,650,000 | $1,400,000 | 17.9% |
| Paradise Valley (unincorporated) | 1 | 2 | -50% | $1,075,000 | $1,915,000 | -43.9% |
| Uninc-85249/Chandler South Central | 1 | 1 | 0% | $900,000 | $160,000 | 462.5% |
| Peoria (unincorporated) | 4 | 5 | -20% | $683,180 | $530,000 | 28.9% |
| Carefree | 17 | 15 | 13.3% | $590,000 | $772,000 | -23.6% |
| Scottsdale (unincorporated) | 4 | 4 | 0% | $580,925 | $515,000 | 12.8% |
| Laveen (unincorporated) | 2 | 4 | -50% | $485,750 | $255,500 | 90.1% |
| Cave Creek (unincorporated) | 6 | 12 | -50% | $479,500 | $550,450 | -12.9% |
| Cave Creek | 15 | 12 | 25% | $475,000 | $522,000 | -9% |
| Rio Verde (unincorporated) | 13 | 8 | 62.5% | $441,800 | $367,500 | 20.2% |
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