Is Circle Cross Ranch, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Circle Cross Ranch is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Circle Cross Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Circle Cross Ranch, AZ

How much do homes in Circle Cross Ranch, AZ cost?

Median Sold Price

$425,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$27,000(-6.0%)

Key Takeaway

Homes in Circle Cross Ranch have sold for 6% less than they did a year ago.

Summary: The median home sold price in Circle Cross Ranch was $425,000 in March 2024, down 6% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $334.4K$320K
-4.3%
3 $427K$379K
-11.2%
4 $468K$450K
-3.8%
5+ $557.5K$472.5K
-15.2%

Summary: Circle Cross Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 15.2%.

Housing Supply in Circle Cross Ranch, AZ

How many homes are available in Circle Cross Ranch, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3435+2.9%

Summary: The Circle Cross Ranch real estate market had 35 homes for sale in March 2024, a 2.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1413
-7.1%
4 1719
+11.8%
5+ 33
0.0%

Summary: The Circle Cross Ranch 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Circle Cross Ranch, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Circle Cross Ranch in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for Circle Cross Ranch, AZ

How long does it take to sell a home in Circle Cross Ranch, AZ?

Average Sale Time

Mar 2023Mar 2024CHANGE
74 Days51 Days-31.7%

Summary: Homes in Circle Cross Ranch had an average of 51 days on market in Mar 2024, down by 31.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Circle Cross Ranch has remained consistent over time.

Summary: During March 2024, 9 homes were sold in Circle Cross Ranch; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% 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 21 Days Ago

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