Is Apache Junction, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Apache Junction has remained a Seller's Market.
Housing Prices in Apache Junction, AZ
How much do homes in Apache Junction, AZ cost?
Median Sold Price
$395,100
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Apache Junction was $395,100 in June 2024, up 5.4% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $158.5K | -3.9% |
2 Bedrooms | $299.9K | $315K | +5.0% |
3 Bedrooms | $389.2K | $390.6K | 0.4% |
4 Bedrooms | $457.5K | $462K | +1.0% |
5+ Bedrooms | $607K | $512.6K | -15.5% |
Summary: Apache Junction housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Cities
Apache Junction | $375K | $395.1K | +5.4% |
Mesa | $430.2K | $449.9K | +4.6% |
North Pinal | $417.6K | $424.9K | +1.7% |
Housing Supply in Apache Junction, AZ
How many homes are available in Apache Junction, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
219 | 209 | -4.6% |
Summary: The Apache Junction real estate market had 209 homes for sale in June 2024, a 4.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 34 | 34 | 0.0% |
3 Bedrooms | 117 | 112 | -4.3% |
4 Bedrooms | 49 | 47 | -4.1% |
5+ Bedrooms | 15 | 11 | -26.7% |
Summary: The Apache Junction housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 26.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
59 | 53 | -10.2% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Apache Junction in June 2024, down by 10.2% month-over-month. Of the 53 sold homes, 60% were sold under asking, 19% were sold at asking, and 21% were sold over asking.
Days on Market for Apache Junction, AZ
How long does it take to sell a home in Apache Junction, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
59 Days | 51 Days | -13.1% |
Summary: Homes in Apache Junction had an average of 51 days on market in Jun 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During June 2024, 53 homes were sold in Apache Junction; 32% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.