Paradise Valley, AZ 85253 Real Estate & Property Data

Paradise Valley, AZ 85253 Real Estate Market Trends
Last Updated: April 16, 2024

A total of 604 residential properties have been sold over the past 12 months in 85253. With a median sales price of $2,250,000 in 85253 and a total of 1 foreclosures in Paradise Valley, AZ 85253. Discover market trends and get the granular level real estate data for Paradise Valley, AZ 85253 to keep your pulse on the housing market. Curate compelling home reports for Paradise Valley, AZ 85253 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Paradise Valley, AZ 85253 Real Estate Market Trends
Total Residential Properties 8,246
Total Commercial Properties 703
Avg. Home Age (Single Family Home) 38 Years
Avg. Square Feet (Single Family Home) 4,120
Total 2024 Residential Sales (year-to-date) 73
% of Homes Seriously Underwater (Q2 2024) 0.85%
Total 2023 Residential Sales 563
% of Equity Rich Homes (Q2 2024) 52.05%
Effective 2023 Property Tax 0.24%
Total Foreclosure Filings (year-to-date) 1
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Paradise Valley, AZ 85253 Real Estate Overview

There were 604 residential properties sold in the past year in Paradise Valley, AZ 85253. The median home value in Paradise Valley, AZ 85253 is $3,201,577. There are a total of 8,246 residential properties in the 85253.

Median Sales Price i
$2,250,000
(Feb 2024)
-26.8%
year-over-year
y-o-y
  • February '24 Feb '24 $2,250,000
  • January '24 Jan '24 $2,720,000
  • December '23 Dec '23 $2,485,000
  • November '23 Nov '23 $2,287,500
  • October '23 Oct '23 $2,800,000
  • September '23 Sep '23 $2,500,000
  • August '23 Aug '23 $2,725,000
  • July '23 Jul '23 $3,150,000
  • June '23 Jun '23 $2,675,000
  • May '23 May '23 $2,915,375
  • April '23 Apr '23 $2,931,000
  • March '23 Mar '23 $2,825,000
Median Down Payment i
$1,192,500
(Feb 2024)
+44.5%
year-over-year
y-o-y
  • February '24 Feb '24 $1,192,500
  • January '24 Jan '24 $1,120,000
  • December '23 Dec '23 $1,575,000
  • November '23 Nov '23 $441,000
  • October '23 Oct '23 $1,250,000
  • September '23 Sep '23 $1,466,500
  • August '23 Aug '23 $1,305,000
  • July '23 Jul '23 $960,000
  • June '23 Jun '23 $1,300,000
  • May '23 May '23 $811,250
  • April '23 Apr '23 $948,750
  • March '23 Mar '23 $727,500
Number of Homes Sold i
35
(Feb 2024)
-10.3%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 38
  • December '23 Dec '23 36
  • November '23 Nov '23 30
  • October '23 Oct '23 42
  • September '23 Sep '23 49
  • August '23 Aug '23 46
  • July '23 Jul '23 46
  • June '23 Jun '23 61
  • May '23 May '23 53
  • April '23 Apr '23 75
  • March '23 Mar '23 54
Number of Purchase Loans i
19
(Feb 2024)
+18.8%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 15
  • December '23 Dec '23 13
  • November '23 Nov '23 9
  • October '23 Oct '23 26
  • September '23 Sep '23 14
  • August '23 Aug '23 22
  • July '23 Jul '23 26
  • June '23 Jun '23 35
  • May '23 May '23 26
  • April '23 Apr '23 36
  • March '23 Mar '23 21
Number of REFI Loans i
15
(Feb 2024)
-11.8%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 14
  • December '23 Dec '23 16
  • November '23 Nov '23 20
  • October '23 Oct '23 11
  • September '23 Sep '23 10
  • August '23 Aug '23 22
  • July '23 Jul '23 14
  • June '23 Jun '23 22
  • May '23 May '23 16
  • April '23 Apr '23 16
  • March '23 Mar '23 18
Number of HELOC Loans i
2
(Feb 2024)
-77.8%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 20
  • December '23 Dec '23 8
  • November '23 Nov '23 11
  • October '23 Oct '23 6
  • September '23 Sep '23 6
  • August '23 Aug '23 16
  • July '23 Jul '23 8
  • June '23 Jun '23 14
  • May '23 May '23 12
  • April '23 Apr '23 14
  • March '23 Mar '23 11

Paradise Valley, AZ 85253 Foreclosure Activity

There were a total of 1 Paradise Valley, AZ 85253 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 1
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