Is Casa Grande, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$334,986
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Casa Grande was $334,986 in March 2024, down 6.9% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $111.5K | +39.4% |
2 Bedrooms | $295K | $290K | -1.7% |
3 Bedrooms | $339.9K | $315.9K | -7.1% |
4 Bedrooms | $387.6K | $350K | -9.7% |
5+ Bedrooms | $415K | $390K | -6.0% |
Summary: Casa Grande housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.4%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
Eloy | $284.9K | $290K | +1.8% |
Casa Grande | $359.9K | $334.9K | -6.9% |
Housing Supply in Casa Grande, AZ
How many homes are available in Casa Grande, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
507 | 561 | +10.7% |
Summary: The Casa Grande real estate market had 561 homes for sale in March 2024, a 10.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 61 | 70 | +14.8% |
3 Bedrooms | 205 | 236 | +15.1% |
4 Bedrooms | 194 | 208 | +7.2% |
5+ Bedrooms | 47 | 47 | 0.0% |
Summary: The Casa Grande 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 14.8%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
78 | 104 | +33.3% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 104 homes were sold or pending in Casa Grande in March 2024, up by 33.3% month-over-month. Of the 104 sold homes, 56% were sold under asking, 32% were sold at asking, and 13% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 89 Days | +18.8% |
Summary: Homes in Casa Grande had an average of 89 days on market in Mar 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Summary: During March 2024, 104 homes were sold in Casa Grande; 20% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.