In February 2018, there were 26 homes sold, with a median sale price of $1,670,000 - a 26% increase over the $1,325,000 median sale price for the same period of the previous year. There were 21 homes sold in Paradise Valley in February 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 February 2018.
The following table compares Paradise Valley to other Maricopa County cities with similar median sales prices in February 2018:
| City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Paradise Valley | 26 | 21 | 23.8% | $1,670,000 | $1,325,000 | 26% |
| Paradise Valley (unincorporated) | 2 | 0 | - | $1,466,250 | $0 | - |
| Carefree | 7 | 15 | -53.3% | $750,000 | $320,000 | 134.4% |
| Gilbert (unincorporated) | 2 | 1 | 100% | $583,750 | $374,900 | 55.7% |
| Cave Creek (unincorporated) | 4 | 11 | -63.6% | $564,000 | $490,000 | 15.1% |
| Uninc-85262/Tonto National Forest | 6 | 2 | 200% | $554,500 | $496,680 | 11.6% |
| New River (unincorporated) | 2 | 10 | -80% | $532,500 | $300,000 | 77.5% |
| Cave Creek | 7 | 3 | 133.3% | $520,000 | $539,900 | -3.7% |
| Scottsdale (unincorporated) | 12 | 9 | 33.3% | $500,000 | $470,000 | 6.4% |
| Rio Verde (unincorporated) | 6 | 8 | -25% | $475,000 | $415,000 | 14.5% |
| Scottsdale | 591 | 515 | 14.8% | $420,000 | $379,000 | 10.8% |
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