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 April 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

$433,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$16,000(-3.6%)

Key Takeaway

Homes in Circle Cross Ranch have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Circle Cross Ranch was $433,000 in April 2024, down 3.6% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $327.2K-
N/A
3 $417.5K$384.9K
-7.8%
4 $457.7K$450K
-1.7%
5+ $550K$440K
-20.0%

Summary: Circle Cross Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 20%.

Housing Supply in Circle Cross Ranch, AZ

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3441+20.6%

Summary: The Circle Cross Ranch real estate market had 41 homes for sale in April 2024, a 20.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1417
+21.4%
4 1719
+11.8%
5+ 35
+66.7%

Summary: The Circle Cross Ranch 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Circle Cross Ranch in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% 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

Apr 2023Apr 2024CHANGE
76 Days68 Days-10.7%

Summary: Homes in Circle Cross Ranch had an average of 68 days on market in Apr 2024, down by 10.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 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 Circle Cross Ranch has remained consistent over time.

Summary: During April 2024, 8 homes were sold in Circle Cross Ranch; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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