| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Paradise Valley | $174,250 | -12.0% | $180,000 | $198,000 | $179,500 | Phoenix | $105,000 | -22.9% | $97,750 | $136,122 | $155,148 |
The median sales price for homes in Paradise Valley for Sep 09 to Nov 09 was $174,250. This represents a decline of 3.2%, or $5,750, compared to the prior quarter and a decrease of 12% compared to the prior year. Sales prices have depreciated 2.9% over the last 5 years in Paradise Valley, Phoenix.
The median sales price of $174,250 for Paradise Valley is 65.95% higher than the median sales price for Phoenix AZ. Average listing price for homes on Trulia in Paradise Valley was $791,267 for the week ending Dec 30, which represents a decline of 0.5%, or $3,684 compared to the prior week and a decline of 3%, or $24,133, compared to the week ending Dec 09. Average price per square foot for homes in Paradise Valley was $131 in the most recent quarter, which is 78.24% lower than the average price per square foot for homes in Phoenix.
| Neighborhood | Week ending Dec 30 | w-o-w | Week ending Dec 23 | Week ending Dec 16 | Week ending Dec 9 |
|---|---|---|---|---|---|
| Paradise Valley | $791,267 | -0.5% | $794,951 | $810,721 | $815,400 | Phoenix | $281,833 | -0.3% | $282,578 | $273,017 | $276,863 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Paradise Valley | $131 | -6.4% | $133 | $140 | $128 | Phoenix | $602 | +462.6% | $175 | $107 | $122 |
| Neighborhoods | Week ending Dec 30 |
w-o-w | Week ending Dec 23 |
Week ending Dec 16 |
|---|---|---|---|---|
| Camelback East | 1 | — | 1 | 1 |
| Deer Valley | 2 | +1 | 3 | 3 |
| Paradise Valley | 3 | -1 | 2 | 2 |
| South Mountain | 4 | +1 | 5 | 5 |
| North Mountain | 5 | -1 | 4 | 4 |
| Alhambra | 6 | +2 | 8 | 6 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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