Is Adora Trails, 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, Adora Trails has remained a Seller's Market.
Housing Prices in Adora Trails, AZ
How much do homes in Adora Trails, AZ cost?
Median Sold Price
$652,500
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Adora Trails was $652,500 in April 2024, down 2.6% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $482.5K | N/A |
3 Bedrooms | $570K | $525.7K | -7.8% |
4 Bedrooms | $640K | $652.5K | +2.0% |
5+ Bedrooms | $743.7K | $756K | +1.6% |
Summary: Adora Trails housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Adora Trails, AZ
How many homes are available in Adora Trails, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 34 | -15.0% |
Summary: The Adora Trails real estate market had 34 homes for sale in April 2024, a 15.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Adora Trails 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Adora Trails in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 33% were sold under asking, 47% were sold at asking, and 20% were sold over asking.
Days on Market for Adora Trails, AZ
How long does it take to sell a home in Adora Trails, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
106 Days | 44 Days | -58.3% |
Summary: Homes in Adora Trails had an average of 44 days on market in Apr 2024, down by 58.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Adora Trails; 33% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.