Is Carefree, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carefree is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Carefree was a Seller's Market.

Key Takeaway

Carefree is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carefree, AZ

How much do homes in Carefree, AZ cost?

Median Sold Price

$1,037,500

$392/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$32,500(-3.0%)

Key Takeaway

Homes in Carefree have sold for 3% less than they did a year ago.

Summary: The median home sold price in Carefree was $1,037,500 in September 2024, down 3% from last year, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $252.4K$267K
+5.8%
2 $630K$720K
+14.3%
3 $1.1M$1.1M
+2.7%
4 $1.5M$1.6M
+7.2%
5+ $2.1M$1.7M
-15.5%

Summary: Carefree housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Cities

Tonto National Forest
+12.7%
Cave Creek
+6.6%
Scottsdale
+6.1%
Deer Valley
+5.5%
Carefree
-3.0%

Housing Supply in Carefree, AZ

How many homes are available in Carefree, AZ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5356+5.7%

Summary: The Carefree real estate market had 56 homes for sale in September 2024, a 5.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1314
+7.7%
3 1918
-5.3%
4 1316
+23.1%
5+ 88
0.0%

Summary: The Carefree housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carefree, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Carefree in September 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Carefree, AZ

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

Average Sale Time

Sep 2023Sep 2024CHANGE
106 Days108 Days+1.8%

Summary: Homes in Carefree had an average of 108 days on market in Sep 2024, up by 1.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were 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 Carefree has remained consistent over time.

Summary: During September 2024, 5 homes were sold in Carefree; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 30 Days Ago

Newest Listings in Carefree, AZ

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