Is Cochise County, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cochise County is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Cochise County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Cochise County, AZ cost?

Median Sold Price

$254,912

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$29,909(+13.3%)

Key Takeaway

Homes in Cochise County have sold for 13.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $149K$170K
+14.1%
2 $159K$179.4K
+12.9%
3 $215K$239.9K
+11.6%
4 $280.2K$323.6K
+15.5%
5+ $360K$402K
+11.7%

How many homes are available in Cochise County, AZ?

Number of Homes For Sale

Jul 2022Aug 2022%
609649+6.6%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 2123
+9.5%
2 8898
+11.4%
3 313333
+6.4%
4 159165
+3.8%
5+ 2830
+7.1%

Number of Homes Sold

Jul 2022Aug 2022%
123116-5.7%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cochise County, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
53 Days50 Days-6.5%

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

71 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cochise County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Cochise County, AZ

Homes for sale in Cochise County, AZ have reached 649. Between July 2022 and August 2022, Cochise County, AZ real estate market has seen increase in the number of listings by 6.6%. In August 2022 median list price was $254,912 and the average listing age was 50 days. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties went up by 14.1%, prices of 2 bedrooms properties went up by 12.9%, prices of 3 bedrooms properties increased by 11.6%, 4 bedrooms properties prices increased by 15.5%, prices of 5 bedrooms properties went up by 11.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 9.5% more available, number of 2 bedrooms homes increased by 11.4%, volume of 3 bedrooms homes went up by 6.4%, 4 bedrooms homes inventory increased by 3.8%, volume of 5 bedrooms homes went up by 7.1%. Cochise County, AZ housing market in August 2022 saw over 17 listings sold above listed price, more than 34 sold at listed price and over 65 sold below.

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