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Wednesday, November 6, 2024

Paradise Valley home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Paradise Valley rose by $27,000 while total sales increased by 19.4%, according to BlockShopper.com.

In March 2018, there were 43 homes sold, with a median sale price of $1,500,000 - a 1.8% increase over the $1,473,000 median sale price for the same period of the previous year. There were 36 homes sold in Paradise Valley in March 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 March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Paradise Valley (unincorporated) 24-50%$1,550,000$1,229,50026.1%
Paradise Valley433619.4%$1,500,000$1,473,0001.8%
Uninc-85249/Chandler South Central13-66.7%$854,500$245,000248.8%
Carefree221369.2%$725,228.50$695,0004.3%
Cave Creek11110%$650,000$585,00011.1%
Scottsdale (unincorporated) 10825%$610,000$510,00019.6%
Peoria (unincorporated) 112450%$550,000$490,45012.1%
Gilbert (unincorporated)20-$547,500$0-
Cave Creek (unincorporated) 78-12.5%$545,000$462,50017.8%
Rio Verde (unincorporated) 201625%$481,500$496,250-3%
Uninc-85207/Apache Junction12-50%$481,000$452,5006.3%

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