Is Aviano at Desert Ridge, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aviano at Desert Ridge is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Aviano at Desert Ridge was a Seller's Market.

Key Takeaway

Aviano at Desert Ridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Aviano at Desert Ridge, AZ

How much do homes in Aviano at Desert Ridge, AZ cost?

Median Sold Price

$856,250

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$28,050(-3.2%)

Key Takeaway

Homes in Aviano at Desert Ridge have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Aviano at Desert Ridge was $856,250 in April 2024, down 3.2% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $500K$485K
-3.0%
3 $790K$850K
+7.6%
4 $1.0M$1.1M
+7.1%
5+ $1.2M$1.2M
+3.1%

Summary: Aviano at Desert Ridge 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 decreased by 3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Neighborhoods

Fireside at Desert Ridge
+6.2%
Desert Ridge
+5.3%
Aviano at Desert Ridge
-3.2%

Housing Supply in Aviano at Desert Ridge, AZ

How many homes are available in Aviano at Desert Ridge, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2024+20.0%

Summary: The Aviano at Desert Ridge real estate market had 24 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 77
0.0%
3 56
+20.0%
4 57
+40.0%
5+ 34
+33.3%

Summary: The Aviano at Desert Ridge 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 increased by 20%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aviano at Desert Ridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Aviano at Desert Ridge in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Aviano at Desert Ridge, AZ

How long does it take to sell a home in Aviano at Desert Ridge, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days28 Days-50.7%

Summary: Homes in Aviano at Desert Ridge had an average of 28 days on market in Apr 2024, down by 50.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aviano at Desert Ridge are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Aviano at Desert Ridge; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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