I’ve been analyzing data from the Zillow Home Value Index , which provides fascinating insights into Arizona’s luxury real estate market from 2010 to 2025. The numbers reveal dramatic shifts in property values across the state’s most desirable communities.
What stands out immediately is the extraordinary growth in Paradise Valley, which maintains its position as Arizona’s most expensive town with average home values now exceeding $3.3 million – nearly triple the price of runner-up Carefree. The data points to a clear premium on desert luxury, with the top five towns all seeing increases of over 100% since 2010…