Is Apache Wells, 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 Wells has remained a Seller's Market.
Housing Prices in Apache Wells, AZ
How much do homes in Apache Wells, AZ cost?
Median Sold Price
$412,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Apache Wells was $412,000 in March 2024, up 3% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179K | - | N/A |
2 Bedrooms | $383.4K | $399.5K | +4.2% |
3 Bedrooms | $495.5K | $548K | +10.6% |
4 Bedrooms | $512.4K | $760K | +48.3% |
5+ Bedrooms | $799.3K | $864.9K | +8.2% |
Summary: Apache Wells housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 48.3%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in Apache Wells, AZ
How many homes are available in Apache Wells, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 38 | +15.2% |
Summary: The Apache Wells real estate market had 38 homes for sale in March 2024, a 15.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 22 | 25 | +13.6% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Apache Wells housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Apache Wells in March 2024, up by 125.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Apache Wells, AZ
How long does it take to sell a home in Apache Wells, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 84 Days | +18.9% |
Summary: Homes in Apache Wells had an average of 84 days on market in Mar 2024, up by 18.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Apache Wells; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.