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Grand Canyon Times

Tuesday, November 5, 2024

Paradise Valley home prices rise in April 2018

Realestate5

The median sale price of a home sold in April 2018 in Paradise Valley rose by $968,750 while total sales decreased by 20.8%, according to BlockShopper.com.

In April 2018, there were 38 homes sold, with a median sale price of $2,318,750 - a 71.8% increase over the $1,350,000 median sale price for the same period of the previous year. There were 48 homes sold in Paradise Valley in April 2017.

The median sales tax in Paradise Valley for the most recent year with available data, 2017, was $7,780, approximately 0.3% of the median home sale price for April 2018.

The following table compares Paradise Valley to other Maricopa County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Paradise Valley3848-20.8%$2,318,750$1,350,00071.8%
Paradise Valley (unincorporated) 3250%$1,599,000$1,392,50014.8%
Scottsdale (unincorporated) 49-55.6%$638,200$485,00031.6%
Uninc-85262/Tonto National Forest35-40%$607,000$75,000709.3%
Cave Creek (unincorporated) 14955.6%$558,500$558,900-0.1%
Rio Verde (unincorporated) 12120%$548,125$425,00029%
Glendale (unincorporated) 15-80%$460,000$184,900148.8%
Cave Creek1112-8.3%$460,000$547,500-16%
Scottsdale7306679.4%$447,500$390,00014.7%
Laveen (unincorporated) 41300%$442,500$427,5003.5%
Peoria (unincorporated) 660%$432,500$473,500-8.7%

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