If you've been watching the "For Sale" signs in Paradise and wondering what's actually going on with prices, here's the straight story. The market is moving in two very different directions depending on what you own - and that gap matters a lot if you're thinking about making a move this summer.
Let's start with houses. The average HonestDoor Price for a house in Paradise sits at $381,196 right now. That's down 2.25% from the previous period - so yes, houses are taking a breather. But here's the thing: the predicted market value is $389,961, and it's ticking upward from the 3-month moving average of $389,430. That's a small but real sign that the floor is holding. On the neighbourhood leaderboard, Paradise houses rank 4 out of 8 for growth - solidly above average. We're not leading the pack, but we're not at the back either.
Condos are a different story - and a more interesting one. The average HonestDoor Price jumped 11.27% to $416,243. That kind of move gets your attention. The Airbnb rank for condos in Paradise is 3 out of 8, meaning short-term rental potential here is genuinely competitive. The catch? The predicted value of $374,079 is sitting well below the 3-month moving average of $478,326, and the recent value change is -27.04%. That's a wide swing. It tells us the condo segment is volatile right now - not broken, but not something to read casually.
For houses, St. Thomas is priced higher at $502,251 and Valley Ridge sits at $438,676. Paradise comes in below both - which actually makes us the more accessible entry point in this pocket of the city. For condos, we're right in the mix with St. Thomas at $416,467 and comfortably ahead of Valley Ridge at $261,341. If you own a condo in Paradise, you're sitting in a stronger position than a lot of people realize.
Here's the thing about your city assessment - it's a snapshot from the past. It gets updated on a schedule, not in real time. The HonestDoor Price pulls from actual current market signals. With house values shifting 2.25% down and condo values swinging by double digits in a single period, a number from last year's assessment cycle is basically useless for any real decision. Your HonestDoor Price is the real-world check. It tells you what the market thinks your home is worth today - not what a government formula calculated months ago. In a market moving this fast, that difference can be tens of thousands of dollars.
For house owners, the honest answer is: the timing is tighter than it was. Prices dipped 2.25%, but the predicted value is nudging back up. If you price it right - meaning you use your HonestDoor Price as your anchor, not your old assessment - you can still move a house in Paradise competitively. Buyers are comparing you to St. Thomas and Valley Ridge, where prices are higher. That works in your favour.
For condo owners, this summer is genuinely interesting. That 11.27% jump in HonestDoor Price is real momentum. But the gap between the predicted value and the 3-month average tells us the market is still finding its level. If you're selling, get your HonestDoor Price updated now and watch it weekly. Listing at the right moment in a volatile segment is the difference between a quick sale and a price cut.
Bottom line - Paradise is holding its own on the neighbourhood leaderboard. Houses are stable with upside, condos are active but need watching. Either way, the worst thing you can do right now is make a decision based on a stale assessment number.
paradise | paradise | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.