Paradise Valley, AZ Real Estate News

By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaJune 18, 2018 Weekly Update Active listings decreased to 327 homes. Average sale price per square foot decreased to $391.69/SqFt. Average sale price as % of list price increased to 94.12%. Average sale price decreased to $2,135,743. Highest priced home sold in past 6 months was for $6,175,000. Number of homes sold in past 6 months decreased to 217. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 May 2018 vs May 2017 Monthly Update Active listings decreased 11.35%. Months supply increased 5.80%. Average sale price per square foot...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaJune 11, 2018 Weekly Update Active listings decreased to 330 homes. Average sale price per square foot decreased to $392.56/SqFt. Average sale price as % of list price decreased to 94.11%. Average sale price decreased to $2,180,476. Highest priced home sold in past 6 months was for $15,650,000. Number of homes sold in past 6 months increased to 221. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 May 2018 vs May 2017 Monthly Update Active listings decreased 11.35%. Months supply increased 5.80%. Average sale price per square foo...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaJune 4, 2018 Weekly Update Active listings decreased to 340 homes. Average sale price per square foot increased to $393.53/SqFt. Average sale price as % of list price decreased to 94.13%. Average sale price increased to $2,186,842. Highest priced home sold in past 6 months was for $15,650,000. Number of homes sold in past 6 months decreased to 220. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 April 2018 vs April 2017 Monthly Update Active listings decreased 9.06%. Months supply decreased 25.00%. Average sale price per square ...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaMay 28, 2018 Weekly Update Active listings decreased to 353 homes. Average sale price per square foot decreased to $388.34/SqFt. Average sale price as % of list price decreased to 94.28%. Average sale price increased to $2,150,585. Highest priced home sold in past 6 months was for $15,650,000. Number of homes sold in past 6 months increased to 222. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 April 2018 vs April 2017 Monthly Update Active listings decreased 9.06%. Months supply decreased 25.00%. Average sale price per square ...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaMay 21, 2018 Weekly Update Active listings decreased to 360 homes. Average sale price per square foot decreased to $388.59/SqFt. Average sale price as % of list price decreased to 94.33%. Average sale price increased to $2,143,059. Highest priced home sold in past 6 months was for $15,650,000. Number of homes sold in past 6 months increased to 221. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 April 2018 vs April 2017 Monthly Update Active listings decreased 9.06%. Months supply decreased 25.00%. Average sale price per square ...
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By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaMay 14, 2018 Weekly Update Active listings decreased to 370 homes. Average sale price per square foot increased to $389.94/SqFt. Average sale price as % of list price decreased to 94.73%. Average sale price decreased to $2,137,765. Highest priced home sold in past 6 months was for $15,650,000. Number of homes sold in past 6 months increased to 216. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 April 2018 vs April 2017 Monthly Update Active listings decreased 9.06%. Months supply decreased 25.00%. Average sale price per square ...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Paradise Valley has the most expensive homes in Arizona, most with 1+ acre lots, nestled from Camelback Mountain to the north immediately west of Scottsdale.  From these most expensive homes, here are the "Starter" homes or least expensive bargain homes for sale in Paradise Valley with prices, pictures and map locations. What is not to like? Well, these "starter" or bargain homes in Paradise Valley may be much more expensive than other neighborhoods in Phoenix, but this is what it takes to get your foot into Arizona's most expensive town. As you may know buyers are remodeling these older custom homes into larger impressive estates. Want to join in and make these older Paradise Valley custom homes great once again? Some of the Paradise Valley homes have a territorial feel while many have...
Comments 2
By PR Partners, Arizona Luxury Realtors, Luxury Homes & Properties
(Launch Real Estate)
Real Estate Market Update for the Paradise Valley luxury community in Arizona 85253. Subscribe to our Weekly Market Update to receivenon-published featured community updates.     Paradise Valley in ArizonaMay 7, 2018 Weekly Update Active listings increased to 376 homes. Average sale price per square foot increased to $388.37/SqFt. Average sale price as % of list price increased to 94.80%. Average sale price increased to $2,144,620. Highest priced home sold in past 6 months was for $15,650,000. Number of homes sold in past 6 months increased to 215. Average Sales PriceJuly 2012 - Present by Week Average Sales Price/SqFtJuly 2012 - Present by Week 85255 April 2018 vs April 2017 Monthly Update Active listings decreased 9.06%. Months supply decreased 25.00%. Average sale price per square f...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Are you ready for a starter home or  Bargain homes for sale in Paradise Valley?  Is there such a thing? See these lowest priced homes here for sale less than $1 million. The old investment adage is to buy the least expensive home in a more expensive area. Well, here they are. As an example, see all Homes for sale in Paradise Valley, Arizona with the most expensive price/sf homes and estates in Arizona, most with 1+ acre lots, nestled from Camelback Mountain to the north immediately west of Scottsdale. Some of the older Paradise Valley homes have a territorial feel while many have been built or remodeled more recently into Tuscan styled mansions. Beautiful views on elevated lots of Scottsdale or downtown Phoenix. Homes that have a view of Camelback Mountain are popular.  Want to spend a ...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Paradise Valley has the most expensive home prices per square foot in Arizona. Do you still want to live in Paradise Valley? Well, of course, here are the homes for sale, with market prices and more information about living in Arizona's most desirable location.Real estate market data for Paradise Valley, AZ provided by Jeffrey Masich of HomeSmart Real Estate. HomeSmart is #1 in Residential sales per the Phoenix Business Journal. Jeffrey Masich has been recognized as one of HomeSmart's "Top 15 Performing" agents for the past quarter. Paradise Valley Home PricesPrices of homes sold continue an upward trend in Paradise Valley as home prices in Paradise Valley are expected to continue this year.                             Paradise Valley homes are characterized by custom homes with 1+ acre...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Distressed properties - those that are "under water" where more is owed on the property than will be available from the proceeds of a sale of the property - are thankfully far fewer than during the crash during the latter years of the previous decade. Still - some do exist - and Short Sales are still a viable option when faced with a "must sell" scenario of an "under water" property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in Paradise Valley or another part of the valley, can still use our help. The first step is to contact us so we can schedule a complimentary confidential consultation to discuss how the short sale process works, and the considerations for your particular circumstances.   Careful up front plann...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Home Prices in Paradise Valley Arizona for January 2018Real estate market data for Paradise Valley, AZ provided by Jeffrey Masich of HomeSmart Real Estate. Paradise Valley Home PricesPrices of homes sold continue an upward trend in Paradise Valley as home prices in Paradise Valley are expected to continue this year.  If you are considering buying a home in Paradise Valley, finding the right home at the right price, by using a solid real estate agent who understands the local market is a must.  Finding that right home in a market with rising prices takes expertise to find the appropriate home that will be a sound investment as well as being a wonderful place to live for your family. As you can see from the graph below, listings are generally selling for less than the list prices.        ...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While there are far fewer people these days considering a Short Sale of their home in Paradise Valley, there are still some who may have purchased just before the "bust" last decade who may owe significantly more on the home than the proceeds of the sale will bring. What to do? A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 100 closed Short Sales with a 90%+ Short Sale List to Close ra...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Are there actually Bargain homes for sale in Paradise Valley?  See these bargain homes here for sale less than $1 million. In Paradise Valley, "bargain" does not mean "cheap". The old investment adage is to buy the least expensive home in a more expensive area. Well, here they are. As an example, see all Homes for sale in Paradise Valley, Arizona with the most expensive homes and estates in Arizona, most with 1+ acre lots, nestled from Camelback Mountain to the north immediately west of Scottsdale. Some of the older Paradise Valley homes have a territorial feel while many have been built or remodeled more recently into Tuscan styled mansions. Beautiful views on elevated lots of Scottsdale or downtown Phoenix. Homes that have a view of Camelback Mountain are popular. Take a look at Para...
Comments 0
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Bargain homes for sale in Paradise Valley?  Is there such a thing? See these lowest priced homes here for sale less than $1 million. The old investment adage is to buy the least expensive home in a more expensive area. Well, here they are. As an example, see all Homes for sale in Paradise Valley, Arizona with the most expensive homes and estates in Arizona, most with 1+ acre lots, nestled from Camelback Mountain to the north immediately west of Scottsdale. Some of the older Paradise Valley homes have a territorial feel while many have been built or remodeled more recently into Tuscan styled mansions. Beautiful views on elevated lots of Scottsdale or downtown Phoenix. Homes that have a view of Camelback Mountain are popular. Take a look at Paradise Valley luxury homes for sale priced fr...
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By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the numbers of Short Sales and REOs in Paradise Valley are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps. It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders. We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.   Circumstances such as: Multiple Home Loans IRS Income Tax Liens Past Due Child Support Past Due HOA Fees ...and the list goe...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Paradise Valley has the most expensive homes in Arizona, most with 1+ acre lots, nestled from Camelback Mountain to the north immediately west of Scottsdale.  From these most expensive homes, here are the least expensive bargain homes for sale in Paradise Valley with prices, pictures and map locations. What is not to like? Well, these are the bargain homes in Paradise Valley. As you may know buyers are remodeling these older custom homes into larger impressive estates. Want to join in and make these older Paradise Valley custom homes great once again? Some of the Paradise Valley homes have a territorial feel while many have been built or remodeled more recently into Tuscan styled mansions. Beautiful views on elevated lots of Scottsdale or downtown Phoenix. Homes that have a view of Came...
Comments 0
By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Although we no longer see the levels of Short Sales that we did a few years ago in Paradise Valley, Notices of Default continue to be issued, meaning that yet another Paradise Valley property is on the path towards foreclosure at auction on the courthouse steps. Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders. Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale. Sho...
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By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Are there actually Bargain homes for sale in Paradise Valley?  See these bargain homes here for sale less than $1 million. In Paradise Valley, "bargain" does not mean "cheap". The old investment adage is to buy the least expensive home in a more expensive area. Well, here they are. As an example, see all Homes for sale in Paradise Valley, Arizona with the most expensive homes and estates in Arizona, most with 1+ acre lots, nestled from Camelback Mountain to the north immediately west of Scottsdale.Some of the older Paradise Valley homes have a territorial feel while many have been built or remodeled more recently into Tuscan styled mansions. Beautiful views on elevated lots of Scottsdale or downtown Phoenix. Homes that have a view of Camelback Mountain are popular.Take a look at Paradis...
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By Tish Tischer, Associate Broker/Developer/Help Buy/Sell/Invest
(Realty Executives)
Where do You start when Appraising a Potential Listing?       September 13,2017I start with the Tischer Principle of QOM, KOM!   This evaluation process is for homes with views and elevation variations.  So in My Hoods, I have Troon Mountain, Camelback Mountain, Mummy Mountain and Piestawa Peak to name a few. Most subdivisions have roads which wind up the mountain to the top or the highest point.Image the road or roads winding around the mountain. Homes above the road are valued from 5-9, roads below the road are valued at 5 to 1. Value 10 is for the real QOM,KOM This ranking then is added to your CMA and used to compare Active Listings to your wantabe listing.Note: Subdivisions as well as areas have different Markets. Today, Most of the Valley with new houses, these new houses have cre...
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