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Paradise Valley, AZ 85253 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Paradise Valley, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 5252PendingPending sales: 22
Paradise Valley, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $3.02M$3.02MSoldMedian sold price (last 6 months): $3.6M$3.6M
What homes actually sell for in Paradise Valley, AZ
Distribution of 278 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $2.28M to $5.7M
$374k to $1.8M: 35 sales$374k$1.8M to $3.22M: 68 sales$3.22M to $4.64M: 69 sales69sales$3.22M$4.64M to $6.06M: 36 sales$6.06M to $7.48M: 19 sales$6.06M$7.48M to $8.91M: 9 sales$8.91M to $10M: 11 sales$8.91M$10M to $12M: 4 salesMedian $3.6M

What the numbers say

As of September 14, 2026, Resideline is tracking 52 active listings and 2 pending sales in ZIP code 85253. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $3,025,000, while the median of the 278 closed sales Resideline tracked over the last six months was $3,595,275. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 85253 for 99 days.

Frequently asked questions

What is the median home price in 85253?

The median closed sale price in Paradise Valley, AZ 85253 was $3,595,275 over the last six months, based on 278 closed sales tracked by Resideline. The middle half of those sales ranged from $2,280,000 to $5,700,000.

Is 85253 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 52 active listings in 85253, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 85253 currently looks like a balanced market.

Nearby ZIP code market data

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