Is Camelback Corridor, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Camelback Corridor has remained a Buyer's Market.
Housing Prices in Camelback Corridor, AZ
How much do homes in Camelback Corridor, AZ cost?
Median Sold Price
$2,630,722
$556/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Camelback Corridor was $2,630,722 in March 2024, up 11.9% from last year, and the median price per square foot was $556.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $265K | N/A |
2 Bedrooms | $505K | $420K | -16.8% |
3 Bedrooms | $1.1M | $885K | -21.7% |
4 Bedrooms | $2.5M | $2.6M | +1.0% |
5+ Bedrooms | $4.1M | $6.1M | +50.8% |
Summary: Camelback Corridor 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 decreased by 16.8%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 50.8%.
Housing Supply in Camelback Corridor, AZ
How many homes are available in Camelback Corridor, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Camelback Corridor real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 1 | +100.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Camelback Corridor 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
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 Camelback Corridor in March 2024, up by 100.0% month-over-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 Camelback Corridor, AZ
How long does it take to sell a home in Camelback Corridor, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
74 Days | 89 Days | +20.1% |
Summary: Homes in Camelback Corridor had an average of 89 days on market in Mar 2024, up by 20.1% 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
Summary: During March 2024, 2 homes were sold in Camelback Corridor; 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.