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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carefree Estates is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Carefree Estates was a Neutral Market.

Key Takeaway

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

Housing Prices in Carefree Estates, AZ

How much do homes in Carefree Estates, AZ cost?

Median Sold Price

$765,000

$327/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$1,000(-0.1%)

Key Takeaway

The sold price of homes in Carefree Estates has remained the same since last month.

Summary: The median home sold price in Carefree Estates was $765,000 in April 2024, down 0.1% from last month, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $766K$765K
-0.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Carefree Estates housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Carefree Estates, AZ

How many homes are available in Carefree Estates, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The Carefree Estates real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Carefree Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Carefree Estates in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Carefree Estates, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
41 Days113 Days+175.6%

Summary: Homes in Carefree Estates had an average of 113 days on market in Apr 2024, up by 175.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Carefree Estates are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Carefree Estates; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

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