Paradise Valley Sales Report
There were 21 properties sold in the town of the Paradise Valley in May, ranging in price from $290,000 to $5,200,000. Paradise Valley’s average price per square foot is $399.41 and the average % of asking price - 89.32%.
Paradise Valley Home Sales
There were 16 properties sold in the town of the Paradise Valley in April, ranging in price from $535,000 to $4,700,000. Paradise Valley’s average price per square foot is $377.75 and the average % of asking price - 90.51%.
Ritz-Carlton Paradise Valley Arizona
The Paradise Valley Town Council unanimously approved its portion of the $1.5 billion proposed Ritz-Carlton resort and residential community Thursday.
Scottsdale-based Five Star Development plans to build the ultra-upscale complex on 123 acres southwest of Indian Bend and Scottsdale roads. The project spills about 16 acres over the town’s border into Scottsdale.
A new boutique urban hotel brand, Edition, is planned for the Scottsdale portion. It will be one of the first sites for the new brand — a collaboration of Marriott International Chairman Bill Marriott and Studio 54 and Morgans Hotel Group co-founder Ian Schrager.