Paradise Valley, AZ 85253 Real Estate Market Report
ZIP Code: 85253
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
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The primary indicator of market value and recent transaction activity is the median sold price of $3,795,000, which represents the neighborhood's representative recent sale and should anchor pricing decisions. use sold-price signal
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Liquidity appears slow: the median days on market of 331 suggests extended marketing periods and slower sales velocity, which may require pricing or marketing concessions to accelerate transactions.
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There is a noticeable pricing gap between seller expectations and realized sales: the median listing price of $4,950,000 sits materially above the median sold price, which suggests pricing friction and potential downward negotiation pressure on asking prices.
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Market context is balanced with upward momentum: the market temperature is neutral while year-over-year signals show prices are up and rents are up, with interest rate pressure described as moderate—this combination suggests a measured appreciation environment supported by rental demand and local economic strength.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Sold below market average
Sold below market average
Paradise Valley, AZ 85253 Real Estate Market Report
ZIP Code: 85253
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
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The most reliable indicator of current market value is the median sold price of 1,289,000, which reflects recent transaction activity and suggests a high-end pricing environment up relative to listed asking dynamics.
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Price momentum shows a median sold price of 1,289,000 in a market where the price year-over-year trend is up; combined with a neutral market temperature, this suggests measured appreciation without extreme overheating.
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There is a pronounced gap between the median listing price of 779,000 and the median sold price of 1,289,000, which may indicate listing mix differences or pricing dispersion across product tiers and appears to introduce pricing friction between seller expectations and representative recent sales.
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Liquidity appears slow relative to typical luxury-market turnover: the median days on market of 428 points to extended marketing timelines and slower sales velocity, while the sample indicates relatively constrained active supply that may be supporting sustained sold prices despite longer time-on-market dynamics.
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Rental fundamentals are supportive: the median market rent of 2,250 and a rent year-over-year trend that is up suggest healthy demand for available units, which can underpin investor interest and provide downside support to prices amid moderate interest rate pressure.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 0.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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