Is Casa Grande, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Casa Grande has remained a Seller's Market.
Housing Prices in Casa Grande, AZ
How much do homes in Casa Grande, AZ cost?
Median Sold Price
$336,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Casa Grande was $336,000 in June 2024, down 2.2% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $153K | +118.6% |
2 Bedrooms | $288.9K | $290K | 0.4% |
3 Bedrooms | $323.4K | $317K | -2.0% |
4 Bedrooms | $365.1K | $349.9K | -4.2% |
5+ Bedrooms | $408K | $399.9K | -2.0% |
Summary: Casa Grande housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 118.6%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
Eloy | $275K | $299.9K | +9.1% |
Gila River | $352.5K | $380K | +7.8% |
Casa Grande | $343.4K | $336K | -2.2% |
Housing Supply in Casa Grande, AZ
How many homes are available in Casa Grande, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
611 | 596 | -2.5% |
Summary: The Casa Grande real estate market had 596 homes for sale in June 2024, a 2.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 63 | 57 | -9.5% |
3 Bedrooms | 288 | 273 | -5.2% |
4 Bedrooms | 214 | 222 | +3.7% |
5+ Bedrooms | 46 | 44 | -4.3% |
Summary: The Casa Grande housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
109 | 111 | +1.8% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Casa Grande in June 2024, up by 1.8% month-over-month. Of the 111 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for Casa Grande, AZ
How long does it take to sell a home in Casa Grande, AZ?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
78 Days | 69 Days | -11.2% |
Summary: Homes in Casa Grande had an average of 69 days on market in Jun 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During June 2024, 111 homes were sold in Casa Grande; 24% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.