February 2014 Paradise Valley Arizona real estate market update

Happy March everyone!  We have a lot of good news to report for those seller’s on the fence.  The median home price in Paradise Valley Arizona jumped 23.8% to $1,300,000, a 5.3% from January.  This is on top of the lower inventory of listings on the market and the uptick of closed sales.  In January new listings were down a whopping 17.9% while closed sales were up 3.2%.  New contracts dropped slightly, but if you were considering listing your property, now would be an ideal time!     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 [email protected] or [email protected]. 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.