Paradise Valley 85253 Real Estate Market Report (Feb 2024 - Jan 2025)

Get the latest Paradise Valley 85253 real estate market trends, including home prices, days on market, and inventory levels. Find out if now is the time to buy, sell, or invest in this luxury market.

Paradise Valley Real Estate Market Overview

Paradise Valley, AZ, remains one of the most exclusive and competitive real estate markets in the country. Over the past year, home prices have continued to rise, but market conditions are shifting. Whether you’re an investor, buyer, or seller, understanding key trends can help you make the right move.

In this market report, we’ll break down:

✅ Median home prices & cost per square foot

✅ Average days on market (DOM)

✅ Number of active listings & inventory trends

✅ What this means for buyers, sellers, and investors

If you’re looking to buy, sell, or invest in Paradise Valley, keep reading for expert insights on the current market conditions.

🏡 Paradise Valley 85253 Home Prices: A Year in Review

The luxury market in Paradise Valley 85253 saw significant price appreciation over the past year.

•January 2025: The median home sale price reached $2.8M, marking a 14.7% increase compared to January 2024.

•February 2025: The median sale price surged to $5.485M, reinforcing Paradise Valley’s reputation as one of Arizona’s most valuable real estate markets.

Cost per Square Foot Trends:

While specific cost-per-square-foot data fluctuates, home values in 85253 have continued to appreciate due to high demand and limited luxury inventory.

📉 Days on Market: How Long Are Homes Taking to Sell?

One of the biggest changes in the market is the increase in average days on market (DOM)—a key indicator of market speed.

•January 2025: Homes spent an average of 74 days on market, compared to 59 days in January 2024.

•February 2025: The average DOM increased further to 88 days, up from 71 days in February 2024.

This suggests that while prices are rising, buyers are taking longer to make decisions, possibly due to affordability concerns or increased competition among sellers.

What This Means for Sellers: If you’re listing a home in Paradise Valley, pricing it correctly and maximizing presentation will be key in 2025. Homes that are move-in ready and well-marketed will still sell quickly, while overpriced properties may linger on the market.

📊 Active Listings: Is Inventory Growing?

Over the past year, more homes have come onto the market, giving buyers more choices.

•January 2025: There were 261 active listings, up 16% from December 2024.

•February 2025: Listings increased again to 318, marking a 14% rise from January.

This increase in supply could signal a market shift, potentially balancing out demand and giving buyers more negotiating power. However, luxury properties in Paradise Valley still command premium prices, making it essential for buyers to act strategically.

🏆 What This Means for Buyers, Sellers, and Investors

For Buyers

✅ More inventory means better selection and potential negotiation power.

✅ Rising prices suggest acting sooner rather than later to lock in appreciation.

✅ With longer days on market, buyers may have leverage to negotiate better terms.

For Sellers

✅ Higher inventory means competition is increasing, making pricing strategy crucial.

✅ Well-presented homes that are priced competitively will still sell fast.

✅ If you’re planning to sell in 2025, market timing and preparation are key.

For Investors

✅ Longer days on market = potential for better deals on high-end properties.

✅ Rising home values suggest strong long-term appreciation in the area.

✅ Luxury flips & high-end rentals remain attractive in this competitive market.

🚀 Ready to Navigate the Paradise Valley Market?

If you’re serious about buying, selling, or investing in Paradise Valley real estate, I can help you find the right opportunities before they hit the market.

📩 Contact me today to get expert guidance on your next move in 85253.

📞 Call or DM now to start your real estate journey!

Final Thoughts

The Paradise Valley real estate market is evolving, with rising home values, longer days on market, and increasing inventory. Whether you’re a buyer, seller, or investor, making the right moves in 2025 will depend on understanding the market trends and acting strategically.

If you’re ready to explore opportunities in Paradise Valley, let’s connect and find the perfect property for you.

🚀 Let’s make moves in 2025!

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