Market Insights

Data-driven analysis of new construction in Paradise Valley, 85253 — a live index of the categories we track, plus monthly market reports.

Live · updated continuously

The Paradise Valley New Construction Index

Our own real-time read on 85253 — median prices, $/sq ft, $/acre, and days on market across new and newer homes (2015+), scrape opportunities, and vacant lots.

46New & newer
13Scrape opps
18Vacant lots
View the live index

Updated monthly

Paradise Valley Market Report (85253)

The whole-market view — median sale price, $/sq ft, homes sold, inventory, and days on market across all of Paradise Valley, plus our new-construction segment.

View the market report

Reports & issues

New Construction Index

Paradise Valley New Construction Index — August 2026

New construction inventory in 85253 rose to 41 homes in August 2026, putting supply at 8.2 months. Three new homes closed, spanning $8.6M to $14.1M and $1,205 to $1,646 per square foot — the widest per-foot spread of any month this year.

September 18, 2026

New Construction Index

Paradise Valley New Construction Index — July 2026

Inventory fell to 37 new construction homes in 85253 during July 2026 — the tightest month of the year — putting supply at 7.4 months. Four new homes closed, at a median of $11,875,000.

August 26, 2026

New Construction Index

Paradise Valley New Construction Index — June 2026

June 2026 closed with 49 new construction homes on the market in 85253 at a median asking price of $12.0M, against 61 sales over the preceding twelve months — 9.6 months of supply. Two new homes closed during the month.

June 22, 2026

85253 Market Report

Paradise Valley Market Report — May 2026

Volume rebounded in May to 40 single-family closings (+48% YoY), the busiest month since March, though the median was roughly flat year over year at $4.16M. The 30-year fixed mortgage rose to 6.44%.

June 1, 2026

85253 Market Report

Paradise Valley Market Report — April 2026

April cooled: the median single-family sale fell to $3.83M (-8% YoY) and volume dropped to 27 closings. A small market swings hard on the mix of what sells. The 30-year fixed mortgage climbed to 6.33%.

May 1, 2026

85253 Market Report

Paradise Valley Market Report — March 2026

Spring brought a surge in activity: 52 single-family homes closed in March, the busiest month in our records, with the median at $5.05M (+14% YoY). Homes took a median 93 days to sell. The 30-year fixed mortgage ticked up to 6.18%.

April 1, 2026

85253 Market Report

Paradise Valley Market Report — February 2026

February carried the highest median of early 2026 — $5.65M (+30% YoY) on 33 closings — and homes sold faster than in any other month of early 2026, a median of 66 days. The 30-year fixed mortgage eased to 6.05%.

March 1, 2026

85253 Market Report

Paradise Valley Market Report — January 2026

Paradise Valley opened 2026 expensive and slow: the median single-family sale hit $5.55M (up ~44% YoY) on just 20 closings, with homes taking a median 122 days to sell — the slowest month of early 2026. The 30-year fixed mortgage averaged 6.10%.

February 1, 2026

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