PARADISE VALLEY, AZ — Only one city in the Phoenix metro is a million-dollar city, according to Zillow Group Inc.
Paradise Valley was the only city to make Zillow's latest Million-Dollar Cities list, with a typical home value of $2.09 million as of November 2020, a 13.1% year-over-year home value increase.
Last fall, a seven-bedroom, 11-bathroom estate in Paradise Valley sold for a record-breaking $20.9 million, previously sold by Phoenix Suns owner Robert Sarver for $19.25 million in November 2019.
Carefree didn't quite make the list, with its typical home value at about $868,000, according to the newest Zillow report. The typical home across metro Phoenix is $321,359, according to the report.
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