Paradise Valley

Paradise Valley, Arizona

Paradise Valley is an upscale enclave nestled between downtown Scottsdale and the Phoenix Mountains Preserve. A haven for golf courses, luxury shops, and high-end restaurants, this community is a top-notch place to live. Charming residential streets wind through the terrain, with some of the most attractive Paradise Valley real estate options nestled in picture-perfect cul-de-sacs. Foodies never have to go far to enjoy a five-star meal in this town, as an array of restaurants are peppered along N Scottsdale Road on the town’s eastern edge. And the splendor of the surrounding natural areas—from preserves and parks to rivers and lakes—can be reached in a short drive. With so many marvelous assets, it’s no wonder our Paradise Valley real estate agents love introducing homebuyers to this area. Shopping for homes for sale in Paradise Alley is an exciting undertaking, especially with such a vast array of meticulously maintained properties in all shapes and sizes. From simple, cream- colored stucco façades to traditional exteriors with Spanish-inspired detailing, homes boast all the curb appeal you’d expect from such a sought-after area.

Paradise Valley has a population of about 13,000. The city is about 16 square miles, all of it land. The median age of residents is about 50 and 71% of residents are married. 43% of residents have children. 23% of its population is below the age of 18. The average household size is 2.6 people. There are about 5,000 households in Paradise Valley, about three-fourths of which are homes to families. About 29% of its population is single. There are about about 1,000 non-family households. About 93% of Paradise Valley residents are white, less than 2% are black, about 3% are asian, and less than 1% are native american. About 7% of its population claim hispanic ethnicity, meaning 93% are non-hispanic.

The median home price in Paradise Valley is $1,500,000. Home appreciation is up about 17% over the last year. The median age of real estate here is 33 years. 82% of homes are owned, while renters make up about 4% of the population. 14% of houses and apartments are unoccupied. Vacant vacation homes make up about 7% of unoccupied housing. The median household income is $160,000. The unemployment rate in Paradise Valley is about 5%, about 1% less than the national average. The cost of living in Paradise Valley is 3.5 times the national average. The average work commute is 20 minutes, slightly lower than the national average. 80% of commuters drive their own car alone, 6% carpool with others, 12% work from home, less than 1% ride a bicycle, less than 1% take public transit.

Notable attractions include eight full service resorts and a plethora of gorgeous, lavish homes. Mummy Mountain, Camelback Mountain, and Piestewa Peak are also nearby. The city is 15 miles west of central Phoenix.

Call Calamia & Company at 623.810.9090 today to find the home of your dreams in Paradise Valley, Arizona.