Is Carefree, 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, Carefree was a Neutral Market.
Housing Prices in Carefree, AZ
How much do homes in Carefree, AZ cost?
Median Sold Price
$1,070,000
$393/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Carefree was $1,070,000 in March 2024, down 9.7% from last year, and the median price per square foot was $393.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $252.4K | $265K | +5.0% |
2 Bedrooms | $600K | $610K | +1.7% |
3 Bedrooms | $1.2M | $1.2M | +0.8% |
4 Bedrooms | $1.6M | $1.5M | -6.0% |
5+ Bedrooms | $1.7M | $1.7M | -2.6% |
Summary: Carefree housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
Tonto National Forest | $1.1M | $1.3M | +12.7% |
Deer Valley | $604.7K | $615K | +1.7% |
Cave Creek | $799.9K | $806.1K | +0.8% |
Scottsdale | $821.3K | $810.4K | -1.3% |
Carefree | $1.1M | $1.0M | -9.7% |
Housing Supply in Carefree, AZ
How many homes are available in Carefree, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 95 | -4.0% |
Summary: The Carefree real estate market had 95 homes for sale in March 2024, a 4.0% decrease 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 | 23 | 24 | +4.3% |
3 Bedrooms | 42 | 39 | -7.1% |
4 Bedrooms | 27 | 24 | -11.1% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Carefree 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 increased by 4.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Carefree in March 2024, the same as the previous month. Of the 16 sold homes, 75% were sold under asking, 25% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 91 Days | +133.5% |
Summary: Homes in Carefree had an average of 91 days on market in Mar 2024, up by 133.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Carefree; 19% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.