There is one town in Arizona that is truly synonymous with luxury and fine living that is Paradise Valley. At one point when it seemed home prices would never stop rising the thought of being able to buy in to Paradise Valley Real Estate felt just too far out of reach for most people. Since the market correction across most of America prices in PV have settled back to a more reasonable rate.
Here’s some data from Trulia on Paradise Valley.
According to this data, Median Sales Price is right around the same level as it was in Jaunary 2005 and has rising recently.
Perhaps even more encouraging is the rise in sales volume.
I know many buyers are still looking for a bargain, walking in to equity on the first day. Below are the 10 biggest price reductions as a percentage for active properties for sale right now in Paradise Valley. If you see a home that is priced to sell and are interested just give me a call.10 Biggest Price Reductions in Paradise Valley
[idx-listings city=”Paradise Valley” propertytypes=”282″ orderby=”OverallPriceDropPercent” orderdir=”DESC” count=”10″ showlargerphotos=”true”]