Is Camelback Mountain, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Camelback Mountain was a Seller's Market.
Housing Prices in Camelback Mountain, AZ
How much do homes in Camelback Mountain, AZ cost?
Median Sold Price
$2,960,000
$723/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Camelback Mountain was $2,960,000 in March 2024, up 2.2% from last year, and the median price per square foot was $723.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $3.0M | N/A |
2 Bedrooms | $1.3M | $1.0M | -22.6% |
3 Bedrooms | $2.2M | $2.1M | -4.3% |
4 Bedrooms | $2.7M | $2.8M | +5.3% |
5+ Bedrooms | $4.0M | $3.6M | -11.7% |
Summary: Camelback Mountain 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 22.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 11.7%.
Housing Supply in Camelback Mountain, AZ
How many homes are available in Camelback Mountain, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 43 | +2.4% |
Summary: The Camelback Mountain real estate market had 43 homes for sale in March 2024, a 2.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Camelback Mountain 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 remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Camelback Mountain in March 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Camelback Mountain, AZ
How long does it take to sell a home in Camelback Mountain, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
91 Days | 34 Days | -62.2% |
Summary: Homes in Camelback Mountain had an average of 34 days on market in Mar 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Camelback Mountain; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.