Is Camelback East, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Camelback East has remained a Seller's Market.
Housing Prices in Camelback East, AZ
How much do homes in Camelback East, AZ cost?
Median Sold Price
$615,042
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Camelback East was $615,042 in April 2024, up 11.3% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $229K | $240K | +4.8% |
2 Bedrooms | $350K | $355K | +1.4% |
3 Bedrooms | $610.6K | $634.9K | +4.0% |
4 Bedrooms | $1.1M | $1.2M | +7.9% |
5+ Bedrooms | $1.9M | $2.1M | +10.2% |
Summary: Camelback East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in Camelback East, AZ
How many homes are available in Camelback East, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
816 | 843 | +3.3% |
Summary: The Camelback East real estate market had 843 homes for sale in April 2024, a 3.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 51 | 54 | +5.9% |
2 Bedrooms | 224 | 227 | +1.3% |
3 Bedrooms | 248 | 262 | +5.6% |
4 Bedrooms | 205 | 202 | -1.5% |
5+ Bedrooms | 88 | 98 | +11.4% |
Summary: The Camelback East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
178 | 182 | +2.2% |
Asking Price vs. Sold Price
127 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 182 homes were sold or pending in Camelback East in April 2024, up by 2.2% month-over-month. Of the 182 sold homes, 70% were sold under asking, 18% were sold at asking, and 12% were sold over asking.
Days on Market for Camelback East, AZ
How long does it take to sell a home in Camelback East, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 74 Days | +23.1% |
Summary: Homes in Camelback East had an average of 74 days on market in Apr 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
76 Homes Were Sold
In 30 - 90 Days
45 Homes Were Sold
Over 90 Days
Summary: During April 2024, 182 homes were sold in Camelback East; 34% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.