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Grand Canyon Times

Wednesday, November 6, 2024

Paradise Valley (unincorporated) home prices fall in 2017

Realestate077

The median sale price of a home sold in 2017 in Paradise Valley (unincorporated) fell by $561,000 while total sales increased by 38.5%, according to BlockShopper.com.

From January through December of 2017, there were 18 homes sold, with a median sale price of $1,169,000 - a 32.4% decrease over the $1,730,000 median sale price for the previous year. There were 13 homes sold in Paradise Valley (unincorporated) in 2016.

The median sales tax in Paradise Valley (unincorporated) for 2017 was $8,070. In 2016, the median sales tax was $7,714. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Paradise Valley (unincorporated) to other Maricopa County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Paradise Valley38133015.5%$1,450,000$1,275,00013.7%
Paradise Valley (unincorporated) 181338.5%$1,169,000$1,730,000-32.4%
Fort Mcdowell (unincorporated) 56-16.7%$730,000$469,20055.6%
Carefree16212529.6%$600,000$575,0004.3%
Cave Creek99100-1%$540,000$452,50019.3%
Scottsdale (unincorporated) 876533.8%$538,100$535,0000.6%
Cave Creek (unincorporated) 101956.3%$517,000$465,00011.2%
Peoria (unincorporated) 5657-1.8%$474,950$387,00022.7%
Gilbert (unincorporated)56-16.7%$450,000$440,0002.3%
Rio Verde (unincorporated) 93859.4%$405,000$412,000-1.7%
Scottsdale7,1576,6437.7%$400,000$380,0005.3%

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