Is Cloisters, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cloisters is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cloisters has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cloisters, AZ

How much do homes in Cloisters, AZ cost?

Median Sold Price

$534,490

$225/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$135,490(+34.0%)

Key Takeaway

Homes in Cloisters have sold for 34% more than they did a month ago.

Summary: The median home sold price in Cloisters was $534,490 in April 2024, up 34% from last month, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $399K-
N/A
3 --
N/A
4 -$534.4K
N/A
5+ --
N/A

Summary: Cloisters 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cloisters, AZ

How many homes are available in Cloisters, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23+50.0%

Summary: The Cloisters real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Cloisters housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 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

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cloisters, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Days on Market for Cloisters, AZ

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

Average Sale Time

Mar 2024Apr 2024CHANGE
26 Days36 Days+38.5%

Summary: Homes in Cloisters had an average of 36 days on market in Apr 2024, up by 38.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cloisters has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Cloisters; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Cloisters, AZ

Nearby Markets to Cloisters, AZ