By Dennis Carr
The Paradise Valley Home Sales Report for October 2019 is now available. Looking back on October, there was a total of (24) listings sold equating to a -35% change in Sold Listings compared to October of 2018 (37). However, when looking at year-to-date compared to last year, the decrease in sales is only -2% for a total of 451. The average sales price jumped up 24% from October of last year to $1,731,345, while the year-to-date sales price was up 13.99% to $1,915,448. Looking at the data, this year’s October jump can be explained in large part by (8) more sales in October of 2018 between 1.25M and 1.5M which brought the average down versus this October of 2019 (2) sales . The year to date jump of 13.99% can be explained in large part to the by the 27 more sales above $3M this year compared to this year (pushing the average up). Stay tuned for the next Paradise Valley Home Sales Report and contact Realtor® Dennis Carr if you are considering buying or selling a home in Arizona.