03/15/2026
Paradise Valley Real Estate Reality
Many buyers walk through a stunning $12M new construction home…
…and then start searching for those same features in a $5M resale home.
But the economics of Paradise Valley tell a different story.
Typical costs today:
• Land: $3M–$3.5M per acre
• Construction: $600+ per sq.ft.
• Timeline: 18+ months
That’s why some resale homes can actually be one of the best values in the Paradise Valley luxury market.
This chart shows the difference between New Construction vs Resale sales so far in 2026.
I explain the full story in my newest blog.
Paradise Valley luxury real estate is evolving as new construction homes command higher prices than resale properties. With land starting around $3M per acre and construction exceeding $600 per sq. ft., buyers are rethinking value in the Paradise Valle...