Benefits of Buying a Home In Paradise Valley
Buying a home in Paradise Valley is the rare sparkling jewel in the Phoenix Metropolitan area and continues to attract those who appreciate the most luxurious things in life. Wedged between the central Phoenix area and Scottsdale, Paradise Valley draws from various AZ cultures and continues to leave visitors in awe of its natural beauty and taste for lavishness. This lightly population community is full of some of the most financially stable and successful homes in Phoenix and young families and professionals that inhabit Paradise Valley truly bask in the fruits of their labor. Please join us below as we explore the Paradise Valley housing market and statistics that should be considered before setting your heart on beautiful Paradise Valley.
Buying a Home in Paradise Valley & Area Prices
- The average home value index is $1,477,400 with the median list price of $1,879,500 and the median sale price of around $1.3 million.
- The Paradise Valley market is expected to fall -0.3% within the next year after already falling 9.9% in the last year alone.
- With a population of about 13k, Paradise Valley is predominately occupied by power couples and singles and retirees looking to spend their retirement in a luxe desert oasis.
- Nearly 73% of homeowners are valued at $1 million +
- About 70% of homeowners have a bachelor’s degree or some sort of higher education.
Buying a Home in Paradise Valley & Excellent Schools
The City of Paradise Valley has some of the best schools in Arizona and the education provided is both coveted and has people flocking to this city so that their children can attain this prestige education. Cherokee Elementary School scored a perfect 10 out of 10 on the Great Schools Rating! There are great schools out there in the Phoenix area, but a 10/10, WOW! The CENTURY 21 Northwest team also suggests Chaparral High School, a fellow PV school that also scored perfectly on the Great Schools Rating chart. Private and charter schools are also always an option and residents of Paradise Valley spare no expense when it comes to their children’s education.
Buying a Home in Paradise Valley Neighborhood Perks
Paradise Valley is a haven of natural beauty, stapled by the world-famous Camelback Mountain that’s silhouette resembles the hump of a camel’s back. This boisterous mountain attracts thousands of hikers at all times of the year who find thrill and fitness in this 1,300-foot trail. Closely located to Scottsdale Fashion Square, PV residents love shopping at this high fashion mall that hosts stores such as Saks Fifth Avenue, Barneys New York and Neiman Marcus. The world-class eateries that surround this area are just as divine as the shopping and scenery. Whether a long-time Paradise Valley Resident or new to this community, you are sure to find great shopping, cuisine, recreation (the golf courses are out of this world!) and community.
Thinking About Buying a Home in Paradise Valley?
When buying a home in Paradise Valley, our CENTURY 21 team recommends looking for deals in the Fountain of the Sun, Red Mountain Ranch, and Arizona Skyline Community neighborhoods. There are a variety of housing options for any budget in these areas. Be sure to explore these locations when you consider buying a home in Paradise Valley. CENTURY 21 Northwest agents are standing by to answer any questions! Give us a call 623.299.2148 today and let’s get started finding your home!
To see a list of all the listings for buying a home in Paradise Valley, click here.
$1,599,000 : 6192 N Las Brisas Drive, Paradise Valley3 beds, 3 baths
$1,299,000 : 3420 E MARLETTE Avenue, Paradise Valley6 beds, 5.5 baths
$2,125,000 : 8625 N MORNING GLORY Road, Paradise Valley6 beds, 5.5 baths
$3,990,000 : 5317 E DESERT VISTA Road, Paradise Valley4 beds, 5.5 baths
See all Homes for Sale in the city of Paradise Valley.
(all data current as of 10/20/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.