85253 Market Report
Paradise Valley Market Report — January 2026
January 2026 · published February 1, 2026
Summary: Paradise Valley opened 2026 expensive and slow. The median single-family sale reached $5.55M — up about 44% year over year — but only 20 homes closed (down about 33% from a year earlier), and they took a median 122 days to sell, the slowest month of early 2026. The 30-year fixed mortgage averaged 6.10% to start the year.
The numbers — single-family homes
| Metric | January 2026 | Year over year |
|---|---|---|
| Median sale price | $5,547,500 | +44% |
| Median price / sq ft | $1,030 | +35% |
| Homes sold | 20 | -33% |
| Median days on market | 122 | — |
Restated September 2026: this edition originally carried figures from Redfin Data Center. Redfin stopped republishing its market files on June 2, 2026, so the report now computes directly from ARMLS closed-sale records — the source Redfin itself derives from. ARMLS captures more sales (for this month, 20 against Redfin's 19), so the medians here differ from what was first published. The active-inventory row was removed: it was a Redfin point-in-time figure and cannot be reconstructed retroactively from closed-sale data.
Mortgage rates
The 30-year fixed-rate mortgage averaged 6.10% in January 2026 (Freddie Mac weekly survey) — near the low end of a range that would climb through the spring.
How to read this
Paradise Valley is a small, high-value market, so a handful of sales can swing the monthly median sharply — year-over-year and multi-month trends are more reliable than any single month. Whole-market single-family figures are computed from ARMLS closed-sale records for 85253; rates are Freddie Mac's weekly 30-year survey, averaged for the month. For general information only — not an appraisal or investment advice.
Track it live
The live Paradise Valley market report always shows the latest month's numbers.
Frequently asked questions
- What was the median home price in Paradise Valley in January 2026?
- The median single-family sale price in Paradise Valley (85253) in January 2026 was $5,547,500 — about 44% higher than a year earlier — across 20 closed sales, computed from ARMLS closed-sale records.
- What were mortgage rates in January 2026?
- The 30-year fixed-rate mortgage averaged about 6.10% in January 2026, according to Freddie Mac's weekly survey.