Foreclosures in Paradise Valley, AZ

Buyer vs Seller Market in Paradise Valley, AZ

The real estate market in Paradise Valley has remained strong, with a continued demand for luxury homes. Buyers are attracted to the area's beauty, upscale amenities, and desirable lifestyle, keeping property values on the rise. The market remains competitive, with multiple offers becoming common as inventory remains low.

As of late 2023, the luxury housing market has seen a resurgence in activity with an increase in buyer interest. Notably, homes priced above the $1 million mark have experienced higher sales velocity, indicating strong consumer confidence in the Paradise Valley market.

Rent Prices In Paradise Valley, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paradise Valley, AZ, is on a rollercoaster ride. The average rent price in Paradise Valley, AZ, is $3,770.00. Indeed, when looking to rent in Paradise Valley, AZ, you can expect to pay as little as $960.00 or as much as $4,960.00, with the average rent median estimated to be $4,060.00. The good news is that finding an affordable and desirable property to rent in Paradise Valley, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.