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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Horizons is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Blue Horizons, AZ

How much do homes in Blue Horizons, AZ cost?

Median Sold Price

$405,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$45,000(-10.0%)

Key Takeaway

Homes in Blue Horizons have sold for 10% less than they did a year ago.

Summary: The median home sold price in Blue Horizons was $405,000 in March 2024, down 10% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $425K$380K
-10.6%
4 $468.5K$429.5K
-8.3%
5+ $530K$520K
-1.9%

Summary: Blue Horizons 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 did not change, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Neighborhoods

Vista de Montana
-7.0%
Blue Horizons
-10.0%

Housing Supply in Blue Horizons, AZ

How many homes are available in Blue Horizons, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32320.0%

Summary: The Blue Horizons real estate market had 32 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1311
-15.4%
4 1618
+12.5%
5+ 33
0.0%

Summary: The Blue Horizons housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Horizons, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Blue Horizons in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 63% were sold at asking, and 38% were sold over asking.

Days on Market for Blue Horizons, AZ

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

Average Sale Time

Mar 2023Mar 2024CHANGE
67 Days44 Days-33.4%

Summary: Homes in Blue Horizons had an average of 44 days on market in Mar 2024, down by 33.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 8 homes were sold in Blue Horizons; 38% of homes were sold within 30 days, 63% 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 18 Days Ago

Newest Listings in Blue Horizons, AZ

Nearby Markets to Blue Horizons, AZ