Paradise Valley Sales Report – April 2009
Paradise Valley Sales Report – April 2009
19 properties were sold in The Town of Paradise Valley in April 2009, ranging in price from $110,000 to $5,200,000. Paradise Valley’s average price per square foot is $274 and the average % of asking price – 89%. Read more…
Paradise Valley Sales Report – March 2009
Paradise Valley Sales Report – March, 2009
8 properties were sold in The Town of Paradise Valley in March, ranging in price from $178,101 to $3,400,000. Paradise Valley’s average price per square foot is $266.88 and the average % of asking price – 91.59%.
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Paradise Valley Sales Report – February 2009
Paradise Valley Sales Report – February, 2009
13 properties were sold in The Town of Paradise Valley in February, ranging in price from $230,000 to $4,000,000. Paradise Valley’s average price per square foot is $297.15 and the average % of asking price – 88.57%. Read more…
Paradise Valley Sales Report – January 2009
Paradise Valley Sales Report – January, 2009
17 properties were sold in The Town of Paradise Valley in January, ranging in price from $335,000 to $3,900,000. Paradise Valley’s average price per square foot is $293.47 and the average % of asking price – 85.89%. Read more…
Paradise Valley Sales Report – December 2008
Paradise Valley Sales Report – December, 2008
12 properties were sold in The Town of Paradise Valley in December, ranging in price from $190,000 to $2,250,000. Paradise Valley’s average price per square foot is $332.50 and the average % of asking price – 90.68%. Read more…
Paradise Valley Sales Report – November 2008
Paradise Valley Sales Report – November, 2008
12 properties were sold in The Town of Paradise Valley in November, ranging in price from $750,000 to $6,200,000. Paradise Valley’s average price per square foot is $360.08 and the average % of asking price – 87.89%. Read more…
Valley Luxury Homes Fetch Top Prices
Luxury resale homes in the Valley are still drawing record prices. This year, a 10,000-square-foot home in Paradise Valley sold for $14 million making it the most expensive resale home in the Valley’s history. The significant cost of the home isn’t due to appreciation alone, it’s the cachet of Paradise Valley’s 16,000 acres. Here home prices are more stable than in other parts of the Valley.
Voices Heard On Prop 411
The debate surrounding the construction of the new Ritz-Carlton Hotel and master planned community in Paradise Valley was settled November 4 after voters passed Prop 411. Approving the town council’s decision to issue a special use permit, the ballot measure passed 67 percent to 33 percent, a margin of 2 to 1, according to results.
David Schmid Vice President of Development with Five Star Development, the company developing the project, is excited that the project was approved and that they can move forward after nearly a year in delays. “We’re delighted.” said Schmid. “We knew we had broad support from the town council, planning commission, our neighbors in the area, and the community at large, but we’re still very happy it passed.”
Ritz Groundbreaking Could Come In January
Now that voters have given the green light for a Ritz-Carlton resort hotel in Paradise Valley, groundbreaking is expected in January. And the hotel could open as early as fall 2010.
Voters Tuesday overwhelmingly approved Proposition 411, paving the way for the Ritz-Carlton, Paradise Valley, the second Ritz-Carlton in the Valley.
With all precincts reporting, unofficial results showed passage by a 2-to-1 ratio – 4,371 votes in favor to 2,166 opposed.
Supporters, including Mayor Vernon Parker,celebrated Tuesday night at a sprawling private residence built by Scottsdale-based Five Star Development which will build the Ritz-Carlton.
Paradise Valley Sales Report – October 2008
Paradise Valley Sales Report – October, 2008
12 properties were sold in The Town of Paradise Valley in October, ranging in price from $615,000 to $7,500,000. Paradise Valley’s average price per square foot is $361.08 and the average % of asking price – 87.13%. Read more…
