Is Congress, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Congress was a Seller's Market.
Key Takeaway
Congress is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Congress, AZ
How much do homes in Congress, AZ cost?
Median Sold Price
$470,495
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Congress have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Congress was $470,495 in March 2024, down 4.4% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262.4K | $250K | -4.7% |
| 2 Bedrooms | $499K | $482.5K | -3.3% |
| 3 Bedrooms | $560K | $490K | -12.5% |
| 4 Bedrooms | $600K | $605K | +0.8% |
| 5+ Bedrooms | $531.2K | $695K | +30.8% |
Summary: Congress housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 30.8%.
Housing Supply in Congress, AZ
How many homes are available in Congress, AZ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 120 | 132 | +10.0% |
Summary: The Congress real estate market had 132 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 68 | 73 | +7.4% |
| 3 Bedrooms | 32 | 39 | +21.9% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Congress 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 7.4%, 3 bedroom homes increased by 21.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 22 | +144.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Congress, you may be able to get a good deal. 86.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Congress in March 2024, up by 144.4% month-over-month. Of the 22 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Congress, AZ
How long does it take to sell a home in Congress, AZ?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 104 Days | 117 Days | +12.8% |
Summary: Homes in Congress had an average of 117 days on market in Mar 2024, up by 12.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Congress has remained consistent over time.
Summary: During March 2024, 22 homes were sold in Congress; 5% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.