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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carefree is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Carefree has remained a Seller's Market.

Key Takeaway

Carefree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Carefree, AZ cost?

Median Sold Price

$950,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$198,000(+26.3%)

Key Takeaway

Homes in Carefree have sold for 26.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $163K$160K
-1.8%
2 $390K$470K
+20.5%
3 $779.5K$950K
+21.9%
4 $1.0M$1.3M
+26.7%
5+ $1.1M$1.9M
+65.5%

Median Sold Price Compared To Nearby Cities

Cave Creek
+30.2%
Carefree
+26.3%
Deer Valley
+25.9%
Scottsdale
+21.9%
Tonto National Forest
+21.2%

How many homes are available in Carefree, AZ?

Number of Homes For Sale

Oct 2021Nov 2021%
54540.0%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 1213
+8.3%
3 2728
+3.7%
4 1211
-8.3%
5+ 32
-33.3%

Number of Homes Sold

Oct 2021Nov 2021%
719+171.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carefree, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
116 Days54 Days-53.0%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carefree has remained consistent over time.

About Carefree, AZ

Number of homes for sale in Carefree, AZ real estate market have reached 54. The median list price of listings available in November 2021 was $950,000, while the average time on the real estate market was 54 days. This housing market listing prices have changed between October 2021 and November 2021: prices of 1 bedroom properties decreased by 1.8%, prices of 2 bedrooms properties increased by 20.5%, 3 bedrooms properties prices increased by 21.9%, 4 bedrooms properties became 26.7% more expensive, prices of 5 bedrooms properties went up by 65.5%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 8.3%, the quantity of 3 bedrooms homes went up by 3.7%, the quantity of 4 bedrooms homes went down by 8.3%, number of 5 bedrooms homes decreased by 33.3%. While more than 7 listings in Carefree, AZ in November 2021 were sold above asking price, there were more than 5 listings sold at asking price, and more than 7 were sold below.

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