LUXURY INVENTORY VS. SALES | NOVEMBER 2024
Buyer's Market
$15,000,000+
$10,000,000 - $14,999,999
$8,000,000 - $9,999,999
$7,000,000 - $7,999,999
$6,000,000 - $6,999,999
$5,000,000 - $5,999,999
$4,500,000 - $4,999,999
$4,000,000 - $4,499,999
$3,500,000 - $3,999,999
$3,000,000 - $3,499,999
$2,800,000 - $2,999,999
$2,600,000 - $2,799,999
$2,300,000 - $2,599,999
$2,000,000 - $2,299,999
$1,700,000 - $1,999,999
13 - MONTH LUXURY MARKET TREND 4
MEDIAN DATA REVIEW | NOVEMBER
VARIANCE: 25 % $730 $912 SALE PRICE PER SQFT.
PRICE VARIANCE: 47 % 34 50 DAYS ON MARKET VARIANCE: 1 % 96.48% 97.00% SALE TO LIST PRICE RATIO
$3.15m $3.55m
13
PARADISE VALLEY MARKET SUMMARY | NOVEMBER 2024
• The single-family luxury market is a Buyer's Market with a 9% Sales Ratio.
• Homes sold for a median of 97.00% of list price in November 2024.
• The most active price band is $1,700,000-$1,999,999, where the sales ratio is 200%
• The median luxury sales price for single-family homes is $3,550,000.
• The median days on market for November 2024 was 50 days, up from 34 in November 2023.
3Square foot table does not account for listings and solds where square foot data is not disclosed. 4Data reported includes Active and Sold properties and does not include Pending properties.