Is Arizona City, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arizona City is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Arizona City has remained a Seller's Market.

Key Takeaway

Arizona City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Arizona City, AZ cost?

Median Sold Price

$242,500

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$62,500(+34.7%)

Key Takeaway

Homes in Arizona City have sold for 34.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $139.9K$199K
+42.2%
3 $182K$244.9K
+34.6%
4 $185K$258K
+39.5%
5+ $238.7K$268K
+12.3%

Median Sold Price Compared To Nearby Cities

Arizona City
+34.7%
Eloy
+5.8%

How many homes are available in Arizona City, AZ?

Number of Homes For Sale

Nov 2021Dec 2021%
183182-0.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 1312
-7.7%
3 131127
-3.1%
4 3641
+13.9%
5+ 21
-50.0%

Number of Homes Sold

Nov 2021Dec 2021%
4941-16.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arizona City, expect to pay close to the asking price. 53.7% of homes here sold near the asking price last month.

Average Sale Time

Dec 2020Dec 2021%
33 Days27 Days-18.6%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Arizona City are selling fast, if you're buying plan to act quickly.

About Arizona City, AZ

Number of homes for sale in Arizona City, AZ real estate market have reached 182. Between November 2021 and December 2021, Arizona City, AZ real estate market has seen decrease in the number of listings by 0.5%. Listings spent 27 days on the market in December 2021, and had a median list price of $242,500 during the same period. Real estate listing prices changed between November 2021 and December 2021: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 42.2%, 3 bedrooms properties became 34.6% more expensive, 4 bedrooms properties became 39.5% more expensive, 5 bedrooms properties prices increased by 12.3%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 7.7%, 3 bedrooms homes became 3.1% less available, the quantity of 4 bedrooms homes went up by 13.9%, the quantity of 5 bedrooms homes went down by 50%. In December 2021 more than 12 listings in Arizona City, AZ were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 7 were sold below.

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