The Paradise Valley Digest · August 2026
August, one town over.
Paradise Valley isn't one market. It's new construction competing against original homes on irreplaceable land, and hillside competing against flat — and those things price nothing alike. A 1958 house on an acre trades largely on the dirt beneath it; a 2026 build two streets away asks close to twice the price per foot. Knowing which of those conversations you're actually in is most of the game.
$1.99B
Traded in Paradise Valley · last 12 months
$40.2M
Top sale — closed above asking
Start with the good news, because it is genuinely good: just under two billion dollars changed hands in Paradise Valley over twelve months, across 416 homes, at an average of 95% of asking. The year's highest sale closed above its $40M ask. For sixteen square miles with no commercial corridor and a one-acre minimum, that is a remarkably deep market.
The nuance is at the top. Across the whole town a little over half of all listings ended in a sale. Above $10M, nearly twice as many were withdrawn or expired as closed. Not for want of buyers — thirty-nine homes above $10M did sell. But at that level the margin for error in pricing, presentation and timing is close to zero, and the market gives you one clean run at it.
Source: ARMLS · Town of Paradise Valley · residential, Aug 2025 – Aug 2026
Marta’s Picks
OPEN HOUSE
$8,750,000
6001 E Naumann Drive · Camelback corridor
6 bed · 9 bath · 9,281 sqft · 80 days on market · Active
MARTA'S TAKE
Nine thousand square feet, and a number that has been thought about. It opened at $10,000,000 and now asks $8,750,000 — which puts it deliberately on the useful side of the line. Above $10M in Paradise Valley nearly twice as many listings are withdrawn as close; just underneath it the buyer pool widens considerably. That is a strategic decision rather than a concession, and it is the single most common thing sellers at this level get wrong.
NEW
$10,800,000
6920 E Hummingbird Lane · Camelback corridor
7 bed · 8 bath · 8,119 sqft · 22 days on market · Active
MARTA'S TAKE
Hummingbird Lane is the whole Paradise Valley story on one street. In twelve months it produced sales from $2.6M to $14.8M — and several listings in the teens that came off without selling. Same street, same views, same buyers. The difference was strategy, not address.
$9,500,000
4275 E Keim Drive · Camelback Foothills
4 bed · 5 bath · 6,903 sqft · 33 days on market · Active
MARTA'S TAKE
New construction asking about $1,376 a foot, against a town-wide average sold price of $879. That premium is real and buyers pay it — but it is also the number that has to be defended in the first three weeks, because it is the first thing every competing agent points at. The new-build tier is where Paradise Valley's highest prices per foot live, and also where the longest days on market do.
NEW
$7,295,000
7347 N Red Ledge Drive · Clearwater Hills
5 bed · 6 bath · 7,300 sqft · 10 days on market · Active
MARTA'S TAKE
Nineteen sixty-seven, on the hill, behind a guard gate inside a town that already feels gated. Clearwater Hills trades on elevation and scarcity rather than square footage — the older homes up here hold value in a way the same vintage on the flats does not, because nobody is making more hillside. Ninety-five photographs on the listing, which tells you the seller understands the assignment.
OPEN HOUSE
$5,950,000
7473 N 58th Place · La Place du Sommet
4 bed · 6 bath · 6,176 sqft · 8 days on market · Active
MARTA'S TAKE
Six thousand square feet on the flats, priced at open and only days on the market. The $4M–$7M band is where Paradise Valley is deepest — the most competition, but also the most buyers and the shortest average time to contract. On the flats, grounds and square footage do the work that elevation does on the hill.
Moving This Month
4529 E MADEROS DEL CUENTA Drive$4,850,000PENDING
8701 N 64TH Place$4,795,000UNDER CONTRACT
3915 E RANCHO Drive$4,675,000UNDER CONTRACT
5031 E DESERT JEWEL Drive 19$4,350,000UNDER CONTRACT
6010 E VIA ESTRELLA Avenue$4,200,000PENDING
6866 E CACTUS WREN Road$4,175,000PENDING
Statuses update automatically, twice daily — this section maintains itself between issues.
The top of this market rewards preparation
And it is unforgiving of the alternative
Above $10M in Paradise Valley, the homes that sell and the homes that sit are rarely different houses. They are the same houses, brought to market differently. If you are thinking about a move in the next year, the most valuable conversation happens well before anything is listed — while price, timing and presentation are all still decisions rather than history. That conversation costs nothing and does not require a listing agreement.
Listing data refreshed Aug 15, 2026 8:21 PM UTC. Listing data sourced through this site’s licensed IDX display;
per-listing courtesy noted above. All information should be verified by the recipient and
none is guaranteed as accurate by ARMLS. © 2026 Arizona Regional Multiple
Listing Service, Inc. All rights reserved. Marta Walsh · Russ Lyon Sotheby’s
International Realty · Equal Housing Opportunity.