Although the median sold price in Paradise Valley, Arizona went down slightly (5.3% to $1,197,500) this is still an 8.4% improvement from August 2012. New listings and new contracts are up 16.7% and 21.2% respectively from July 2013, while closed sales took a dive to 30 closed sales as opposed to 49 in July 2013. The summer months tend to slow down, but we are still seeing great recovery progress from 2012 especially in the Paradise Valley luxury market. We anticipate a wonderful fall with all of the great activity we’ve seen this year so far.
August 2013 Paradise Valley Arizona real estate market update
Considering a purchasing or selling a property in Paradise Valley? Take advantage of the great market conditions and get your home listed for sale.
We hope that you enjoy reading and analyzing the Paradise Valley Luxury Home Report and should you have any questions or comments, please feel free to Contact Joe Szabo at 480.688.2020 or email him directly at Joe@ScottsdaleRealEstateTeam.com or Joe@AZLuxuryHomes.com. You can also visit https://www.AZLuxuryHomes.com or https://scottsdalerealestateteam.com to find out more about Paradise Valley Homes for Sale and Estates for Sale in Paradise Valley and to search the Paradise Valley MLS for Scottsdale Home Listings.
Please note that this Paradise Valley Real Estate Blog is for informational purposes and not intended to take the place of a licensed Paradise Valley Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale and Paradise Valley Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Paradise Valley, The Szabo group delivers experience, knowledge, dedication and proven results.
