Is Blue Hills, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Hills is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Blue Hills has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blue Hills, AZ

How much do homes in Blue Hills, AZ cost?

Median Sold Price

$357,995

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,505(-3.6%)

Key Takeaway

Homes in Blue Hills have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Blue Hills was $357,995 in April 2024, down 3.6% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $285K-
N/A
3 $360K$355.9K
-1.1%
4 $373.2K$348K
-6.8%
5+ $391K$410K
+4.9%

Summary: Blue Hills 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 did not change, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 4.9%.

Housing Supply in Blue Hills, AZ

How many homes are available in Blue Hills, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Blue Hills real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Blue Hills 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Blue Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Blue Hills in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Blue Hills, AZ

How long does it take to sell a home in Blue Hills, AZ?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days90 Days+220.9%

Summary: Homes in Blue Hills had an average of 90 days on market in Apr 2024, up by 220.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blue Hills has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Blue Hills; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

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