Is Cambridge Estates, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cambridge Estates has remained a Seller's Market.
Housing Prices in Cambridge Estates, AZ
How much do homes in Cambridge Estates, AZ cost?
Median Sold Price
$375,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cambridge Estates was $375,000 in April 2024, down 1.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $370K | $371.5K | 0.4% |
4 Bedrooms | $415K | $413K | -0.5% |
5+ Bedrooms | $475K | $411K | -13.5% |
Summary: Cambridge Estates 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 increased by 0.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Neighborhoods
Coldwater Ridge | $410K | $437.5K | +6.7% |
Coldwater Springs | $415K | $417K | 0.5% |
Cambridge Estates | $380K | $375K | -1.3% |
Del Rio Ranch | $425K | $418.5K | -1.5% |
Housing Supply in Cambridge Estates, AZ
How many homes are available in Cambridge Estates, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Summary: The Cambridge Estates real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cambridge Estates 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 decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Cambridge Estates in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cambridge Estates, AZ
How long does it take to sell a home in Cambridge Estates, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 31 Days | -39.8% |
Summary: Homes in Cambridge Estates had an average of 31 days on market in Apr 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Cambridge Estates; 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.