Is Apache Junction, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$388,103
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Apache Junction was $388,103 in March 2024, down 0.4% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $161.5K | $152.9K | -5.3% |
2 Bedrooms | $320K | $311.5K | -2.7% |
3 Bedrooms | $395.5K | $392.9K | -0.6% |
4 Bedrooms | $460K | $465K | +1.1% |
5+ Bedrooms | $607K | $492.7K | -18.8% |
Summary: Apache Junction housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 18.8%.
Median Sold Price Compared To Nearby Cities
Mesa | $444.8K | $445.2K | 0.1% |
Apache Junction | $389.5K | $388.1K | -0.4% |
North Pinal | $440K | $415K | -5.7% |
Housing Supply in Apache Junction, AZ
How many homes are available in Apache Junction, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
183 | 187 | +2.2% |
Summary: The Apache Junction real estate market had 187 homes for sale in March 2024, a 2.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 9 | -10.0% |
2 Bedrooms | 34 | 33 | -2.9% |
3 Bedrooms | 92 | 94 | +2.2% |
4 Bedrooms | 36 | 38 | +5.6% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Apache Junction housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 48 | +26.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Apache Junction in March 2024, up by 26.3% month-over-month. Of the 48 sold homes, 50% were sold under asking, 29% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 52 Days | -21.2% |
Summary: Homes in Apache Junction had an average of 52 days on market in Mar 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in Apache Junction; 29% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.