Is Desert View, 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, Desert View has remained a Seller's Market.
Housing Prices in Desert View, AZ
How much do homes in Desert View, AZ cost?
Median Sold Price
$716,250
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Desert View was $716,250 in April 2024, up 2.5% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299.9K | $307K | +2.4% |
2 Bedrooms | $480K | $465K | -3.1% |
3 Bedrooms | $622.8K | $649.5K | +4.3% |
4 Bedrooms | $810K | $820K | +1.2% |
5+ Bedrooms | $1.0M | $1.0M | +3.8% |
Summary: Desert View housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Neighborhoods
Desert Peak | $652K | $699.9K | +7.3% |
Tatum Highlands | $609.9K | $626.5K | +2.7% |
Desert View | $698.6K | $716.2K | +2.5% |
Tatum Ranch | $615K | $630K | +2.4% |
Housing Supply in Desert View, AZ
How many homes are available in Desert View, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
416 | 421 | +1.2% |
Summary: The Desert View real estate market had 421 homes for sale in April 2024, a 1.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 82 | 75 | -8.5% |
3 Bedrooms | 137 | 142 | +3.6% |
4 Bedrooms | 121 | 122 | +0.8% |
5+ Bedrooms | 70 | 76 | +8.6% |
Summary: The Desert View housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 81 | -19.0% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Desert View in April 2024, down by 19.0% month-over-month. Of the 81 sold homes, 67% were sold under asking, 26% were sold at asking, and 7% were sold over asking.
Days on Market for Desert View, AZ
How long does it take to sell a home in Desert View, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 52 Days | -14.1% |
Summary: Homes in Desert View had an average of 52 days on market in Apr 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 81 homes were sold in Desert View; 40% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.