Fall in the Phoenix Metro area has finally arrived! The temperatures are cooling off but the Paradise Valley real estate market is heating up! Let’s take a look at how the Paradise Valley real estate market faired in September. New listings are up from August with a total of 70 new listings vs. 43 in August. New contracts and closed sales are up by 33.3% and 28%, respectively. This is great news because a higher number of closed sales mean a higher number of closed sales in the coming months. The median sale price has really jumped, from $875,000 to $1,035,000. All in all, the Paradise Valley market is soaring! Buyers will have a nice amount of inventory to choose from, and sellers are seeing a lot of activity and higher sale prices! During these up and down activity months it is more important than ever to consult a real estate professional that knows the Paradise Valley real estate market.
Considering a purchasing or selling a property in Paradise Valley? Call Joe and Linda Szabo – The Real Estate Experts!
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://www.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.
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