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Why Live in Paradise Valley

Paradise Valley, Arizona, situated just north of Scottsdale and east of the Phoenix Mountains, is renowned for its luxurious estates and serene desert environment. This affluent town, spanning roughly 15 square miles, attracts celebrities and wealthy individuals with its custom-built homes, expansive lots, and amenities like infinity pools and tennis courts. Home prices range from $750,000 for mid-20th century single-family homes to $25 million for sprawling estates on Mummy Mountain, Camelback Mountain, and Piestewa Peak. Paradise Valley's zoning laws ensure low-density housing, preserving its exclusive atmosphere. The town is zoned for the highly rated Scottsdale Unified School District, and private schools such as Phoenix Country Day and Brophy College Preparatory also boast top ratings. Residents enjoy proximity to upscale shopping and dining in Old Town Scottsdale and Scottsdale Fashion Square, as well as local chic eateries and national-chain grocery stores. Paradise Valley features two golf courses—Paradise Valley Country Club and Camelback Golf Club—and is near the Phoenix Mountains Preserve, offering challenging hiking trails. The town's intentional lack of major roads maintains its quiet residential seclusion, while Scottsdale Road provides access to Valley Metro bus stops. Essential services like HonorHealth Scottsdale Osborn Medical Center are within 5 miles, and Phoenix Sky Harbor International Airport is about 10 miles away. Paradise Valley is safer than the national average, making it a desirable location for luxury living.

Home Prices in Paradise Valley, AZ

Home Price Trends

Median Sale Price
$4,000,000
Median Single Family Sale Price
$4,850,000
Median Townhouse Sale Price
$772,500
Median 2 Bedroom Sale Price
$840,000
Median 1 Bedroom Sale Price
$1,160,000
Average Price Per Sq Ft
$986
Number of Homes for Sale
213
Last 12 months Home Sales
366
Months of Supply
7.00
Median List Price
$4,950,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
10%
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