The Paradise Valley Digest · September 2026

September, the new builds arrive.

Twelve new-construction homes priced at $10M and above have come to market in Paradise Valley since the August issue, from $10.75M to $20,995,000. Twenty-five homes like them sold in the last twelve months, at a median of 66 days. Below that tier the market is moving too: 6506 E Mountain View Road, new construction at $6,895,000, was under contract a day after it listed.

$1.80B
Traded in Paradise Valley above $3M · last 12 months
281
Homes closed
95%
Average sale to list
$1,014
Average sold price per square foot

The top of this town is not slow. Above $10M, 43 homes closed in twelve months at a median of 65 days — about as quickly as homes between $3M and $5M, which took 63.

It is selective. In the same twelve months 65 listings above $10M expired or were cancelled. At that level the buyers are there, and they choose.

Source: ARMLS · Town of Paradise Valley · listed at $3M and above · closed, expired and cancelled, twelve months to Sept 28, 2026

Marta’s Picks

$13,900,000
6044 N 44th Place · Sanctuary
51 days on market · Active
MARTA'S TAKE
10,656 square feet on 1.6 acres, built in 1996, at $13.9M — about $1,304 a foot. The twelve new builds that came on above $10M this autumn are asking between $1,376 and $2,145 a foot. This is the established alternative, and the difference is the price of new.
Listed by RLSIR · Listing courtesy of Russ Lyon Sotheby's International Realty · View this home →
NEW
$6,200,000
6587 N Palmeraie Boulevard 2046 · The Ritz-Carlton Residences at The Palmeraie
3 bed · 4 bath · 3,191 sqft · 6 days on market · Active
MARTA'S TAKE
3,191 square feet at $6.2M, new on the 24th. The three Palmeraie residences that closed in the last twelve months sold at $1,598 to $1,966 a foot, against an average of $1,004 for Paradise Valley houses. Lock-and-leave is a separate market here, and it prices like one.
Listed by RLSIR · Listing courtesy of Russ Lyon Sotheby's International Realty · View this home →
NEW
$16,995,000
6725 N 65th Place · Vista Camello
5 bed · 6 bath · 12,347 sqft · 8 days on market · Active
MARTA'S TAKE
New construction, 12,347 square feet at $16,995,000. Of the twelve new builds listed above $10M since August, this is the largest and the lowest per foot, at $1,376.
Listing courtesy of Realty ONE Group · View this home →
NEW
$3,995,000
7306 N Brookview Way · Clearwater Hills
3 bed · 4 bath · 4,252 sqft · 6 days on market · Active
MARTA'S TAKE
4,252 square feet on an acre at $3,995,000, new on the 17th. At $940 a foot it asks less per foot than the $1,004 Paradise Valley houses have averaged at sale, behind Clearwater Hills' gate.
Listing courtesy of Keller Williams Arizona Realty · View this home →

Moving This Month

7970 N IRONWOOD Drive$7,250,000UNDER CONTRACT
6506 E MOUNTAIN VIEW Road$6,895,000PENDING
6840 E HORSESHOE Road$5,999,999PENDING
8500 N GOLF Drive$5,895,000UNDER CONTRACT
7180 E BELMONT Avenue$4,500,000UNDER CONTRACT

Statuses update automatically, twice daily — this section maintains itself between issues.

$955
Average price per foot, homes built before 1980

Paradise Valley's original houses, almost all of them on about an acre, sold faster over the last twelve months than any newer vintage, and at a higher rate per foot than homes built between 1980 and 2015 ($818). On the flats a buyer is paying for the acre, and the acre doesn't age.

Curious what your acre is worth today?
480 274 5710

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