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December 3, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Arizona > Paradise Valley


Market Conditions Summary for Paradise Valley, Arizona


Reported by

Christian Broadwell, GRI (480) 206-1258
as of 12/3/2008:
Bucking the trend, who says the market is down? Not when there are million dollar estates involved. So far June shows to be the most active month with 33 recorded sales and that's more than a 50% jump year over year with June 2006 only recording 20... MORE->
About Christian Broadwell, GRI (480) 206-1258

Reported by

Karen Picarello
as of 12/3/2008:
Call Karen Picarello for more information at 888-548-8713. Overall Market. Inventories are down 1% from last week. Total of 44823 active listings with 4901 closings in the last month. About a 9 1/4 month supply. Phoenix. Inventories are... MORE->
About Karen Picarello

Reported by

John Fagundes
as of 12/3/2008:
WELOME TO Paradise Valley!! ! Paradise Valley is currently experiencing a buyers market with prices trending downward. You can pick up a great piece of Real Estate in this community for a great price. The average price of a single family residence... MORE->
About John Fagundes

Reported by

Tiffany Huff & Your Home Team!
as of 12/2/2008:
Don't hesitate to call us direct at 1-480-703-2364!!! ASK FOR FREE ACCESS TO THE LOCAL MLS!!! Paradise Valley is arguably the most affluent area in Arizona with homes from $460,000-$10 Million+! Remodeling or tearing down homes and building new is a... MORE->
About Tiffany Huff & Your Home Team!

Reported by

Bob Stahl
as of 11/26/2008:
The median sales price for single-family homes in Paradise Valley was $1,555,000 in July, 28.2% lower than in June (though sales prices may only reflect the sale of one or two homes in this pricey area). If you're looking for a good buy in... MORE->
About Bob Stahl

Reported by

Corrie Wichterman & Amy Paul
as of 11/20/2008:
Currently there is a glut of homes on the market in Paradise Vallery. 546 active listings to be exact (including single family, and condos). There are 20 pending listings and 188 homes have sold in the past year. At that rate approx. 15.6 homes sell... MORE->

Reported by

The DeCoste Team
as of 11/15/2008:
In October, the average sales price was $1,758,400 in comparison to the average list price of $3,049,985 and the number of properties sold was 10. Currently there are 543 Active listings available in Paradise Valley giving Paradise Valley a 43 month... MORE->
About The DeCoste Team

Reported by

Emmet Acebedo
as of 11/12/2008:
Emmet's two cents : 30 Year Fixed Rate National Average 6.13%. : Look for Fannie Mae and Freddie Mac to start restructuring home owner's loans. Many of the servicers fee involved in the process may be covered by the Fannie and... MORE->
About Emmet Acebedo

Reported by

Jackie Dokos
as of 10/12/2008:
FREE Access to the MLS at www.JackieDokos.com or www.AZHome4me.com. Call 888-810-8330 and ask for their "Two Nights/Three Days Free Hotel Stay" special when you buy or sell a property through them. AUGUST 2008 STATISTICS Average Days... MORE->
About Jackie Dokos

Reported by

Greg Sidoff
as of 6/25/2008:
Although the market has slowed down and leveled off now is the time to buy while rates are low. There are beautiful homes in Paradise Valley. Currently there are 605 single family detached homes available in Paradise Valley for the month of June.... MORE->
About Greg Sidoff


Average Current Market Rating: 2.2    (10 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.2    (10 ratings)




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Falling

Rising

Navigate: Top > Arizona > Paradise Valley


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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