4 Things to Explore in Paradise Valley

Paradise Valley might just be the little slice of heaven you’ve been searching for, oftentimes you’ll hear all about the fun things to explore in the more metro cities such as Phoenix, however, it’s often these smaller communities that seem to have some of the best hidden gems to offer both locals as well as tourists. So, whether you’re visiting Paradise Valley, or are hoping to find the perfect place to call home, here are a few of our favorite things to do.

Related: 10 Fun Things to Do in Tempe

#1 Golfing

A true golfers paradise, the many courses within the city boasts acres of stunningly manicured lawns ranging in skill level, ensuring that whether you’re a beginner or a pro, you can find the perfect place to practice your swing. As a bonus, many of the courses are evens hosts to PGA Tour events!

4 Things to Explore in Paradise Valley#2 Mummy Mountain

Not to fear, there are no true mummy’s hidden in the mountain, however you can explore the more than 320 acres of trails and hikes at Mummy mountain’s recreation center. With the mountain’s peak sitting at 2,200 feet, the views from atop the peak are nothing short or breathtaking.

#3 Mohave Trail

Many Arizona locals have a true love for the outdoors and one of the most stunning ways to explore the local wildlife is by taking a hike along the Mohave Trail. As with many trails within Arizona, whether you’re a seasoned hiker or simply looking to take a stroll, ensure to keep your eyes peeled for local wildlife, especially rattle snakes.

#4 O.H.S.O Brewery

A great place to relax amongst friends and family, O.H.S.O Brewery is fun for the whole family, including your furry friends who can enjoy the stunning outdoor patio. From local brews to juicy burgers, a distillery, and even tours, this is easily one of the top places to relax after a day of exploring Paradise Valley.

Related: The Best Arizona Cities to Call Home

Paradise Valley is the ideal place to settle down, its community has remained true to its small-town roots, and yet nearby metro areas allow for amply employment opportunities, travel, dining, shopping and more, making this small Arizona town a true paradise for many.

If you’re currently searching for a new home, are ready to sell your home and need a qualified seller’s agent to assist you, or if you have any further questions regarding Paradise Valley or the greater Phoenix Real Estate, please feel free to contact our office at any time.

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Paradise Valley Homes for Sale

Paradise Valley Homes for SaleHomes for Sale Paradise Valley AZ : PARADISE VALLEY HOUSING MARKET INFORMATION

With a population of 14,502, 5,441 total housing units (homes and apartments), and a median house value of $1,908,568, Paradise Valley house prices are not only among the most expensive in Arizona, Paradise Valley real estate also is some of the most expensive in all of America.

Paradise Valley is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Paradise Valley than is found in 98% of the communities in America.

The large homes that make up Paradise Valley are primarily owner-occupied ( 93.08%).

There is a lot of housing in Paradise Valley built from 1970 to 1999 so parts of town may have that “Brady Bunch” look of homes popular in the ’70s and early ’80s, although some of these houses were built up through the early ’90s as well. There is also a lot of housing in Paradise Valley built between 2000 and later ( 23.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.79%).

Vacant housing appears to be an issue in Paradise Valley. Fully 12.44% of the housing stock is classified as vacant. Left unchecked, vacant Paradise Valley homes and apartments can be a drag on the real estate market, holding Paradise Valley real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

PARADISE VALLEY HOME APPRECIATION RATES

In the last 10 years, Paradise Valley has experienced some of the highest home appreciation rates of any community in the nation. Paradise Valley real estate appreciated 59.83% over the last ten years, which is an average annual home appreciation rate of 4.80%, putting Paradise Valley in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Paradise Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout’s data show that during the latest twelve months, Paradise Valley’s appreciation rate, at 4.65%, has been at or slightly above the national average. In the latest quarter, Paradise Valley’s appreciation rate has been 2.42%, which annualizes to a rate of 10.02%.

Importantly, this makes Paradise Valley one of the highest appreciating communities in the nation for the latest quarter, and may signal the town’s near-future real estate investment strength.

Relative to Arizona, our data show that Paradise Valley’s latest annual appreciation rate is lower than 70% of the other cities and towns in Arizona.

This information has been provided to you by: https://www.neighborhoodscout.com/az/paradise-valley/real-estate#description

Find real estate for sale in Phoenix and surrounding areas by selecting from our results below, or by entering your search criteria.

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