Housing Market Report for Paradise Valley, AZ

This housing market report uses absorption rates to track supply and demand for Paradise Valley, AZ. With 5.4 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 21, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$2m – $2.25m

Absorption rate of 0.8, with 1.2 months of inventory.

Coolest Segment ❄️
$12m – $13m

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$4m – $4.5m

9 active listings with 21 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
1m-1.1m 1 0.2 0 Seller's
1.2m-1.3m 2 0.3 0 Seller's
1.3m-1.4m 1 0.2 0 Seller's
1.4m-1.5m 1 0.2 0 Seller's
1.5m-1.6m 1 0
1.6m-1.7m 2 0.3 0 Seller's
1.9m-2m 1 0.2 0 Seller's
2m-2.25m 1 5 0.8 1.2 Seller's
2.25m-2.5m 4 11 0.5 2.2 Seller's
2.5m-2.75m 3 10 1 0.6 1.8 Seller's
2.75m-3m 4 7 1 0.3 3.4 Balanced
3m-3.5m 6 18 1 0.5 2 Seller's
3.5m-4m 6 18 0.5 2 Seller's
4m-4.5m 9 21 3 0.4 2.6 Seller's
4.5m-5m 7 9 0.2 4.7 Balanced
5m-6m 23 15 2 0.1 9.2 Buyer's
6m-7m 11 8 1 0.1 8.3 Buyer's
7m-8m 8 4 1 0.1 12 Buyer's
8m-9m 7 4 0.1 10.5 Buyer's
9m-10m 8 4 0.1 12 Buyer's
10m-11m 4 4 0.2 6 Balanced
11m-12m 6 5 1 0.1 7.2 Buyer's
12m-13m 8 2 0 24
13m-14m 6 2 1 0.1 18 Buyer's
14m-15m 4 2 0.1 12 Buyer's
15m-16m 2 0
16m-17m 1 0
17m-18m 2 0
19m-20m 3 0
20m-21m 1 0
21m-22m 1 0
22m-23m 2 0
23m-24m 1 0
28m-29m 1 0
29m-30m 2 0
32m-33m 1 0.2 0 Seller's
34m-35m 1 0
40m-41m 1 0.2 0 Seller's

Townhouses

Hottest Segment 🔥
$750k – $800k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$350k – $375k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$750k – $800k

1 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.2 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
250k-275k 1 0
350k-375k 1 1 0.2 6 Balanced
375k-400k 1 0.2 0 Seller's
400k-425k 1 0
425k-450k 1 0.2 0 Seller's
450k-475k 1 0.2 0 Seller's
475k-500k 1 0
600k-650k 2 0.3 0 Seller's
700k-750k 1 0.2 0 Seller's
750k-800k 1 2 1 0.3 3 Balanced
850k-900k 1 0
950k-1m 1 0
1m-1.1m 1 0.2 0 Seller's
1.3m-1.4m 1 0.2 0 Seller's
1.4m-1.5m 1 0.2 0 Seller's
1.9m-2m 1 0.2 0 Seller's
2.75m-3m 1 0.2 0 Seller's
3m-3.5m 1 0
3.5m-4m 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$275k – $300k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$300k – $325k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 7.8 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
250k-275k 1 0
275k-300k 1 1 0.2 6 Balanced
300k-325k 2 1 0.3 0 Seller's
375k-400k 1 0
550k-600k 1 1 0.2 0 Seller's
650k-700k 1 0.2 0 Seller's
1.1m-1.2m 1 0.2 0 Seller's
1.2m-1.3m 1 0.2 0 Seller's
1.6m-1.7m 1 0
1.9m-2m 1 0.2 0 Seller's
2.25m-2.5m 1 1 0.2 6 Balanced
2.75m-3m 1 0
3m-3.5m 1 1 0.2 0 Seller's
3.5m-4m 1 0
4m-4.5m 1 0
5m-6m 4 0
7m-8m 1 0

Land

Hottest Segment 🔥
$4m – $4.5m

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$2m – $2.25m

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$2.5m – $2.75m

2 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.7 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 1 0.2 0 Seller's
500k-550k 3 0.5 0 Seller's
1.1m-1.2m 1 0
1.5m-1.6m 1 0
1.9m-2m 1 0
2m-2.25m 2 1 0.1 12 Buyer's
2.25m-2.5m 3 0
2.5m-2.75m 2 3 0.3 4 Balanced
2.75m-3m 2 0
3m-3.5m 1 0.2 0 Seller's
3.5m-4m 3 2 1 0.1 9 Buyer's
4m-4.5m 1 2 0.3 3 Balanced
4.5m-5m 3 0.5 0 Seller's
5m-6m 1 2 1 0.3 3 Balanced

Neighboring Cities

Neighboring Cities

View cities near Paradise Valley