Is Country Meadows, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Country Meadows is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Country Meadows has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Country Meadows, AZ

How much do homes in Country Meadows, AZ cost?

Median Sold Price

$365,000

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,000(-3.9%)

Key Takeaway

Homes in Country Meadows have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Country Meadows was $365,000 in April 2024, down 3.9% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $300K$267K
-11.0%
3 $391K$384.9K
-1.6%
4 $420K$400K
-4.8%
5+ --
N/A

Summary: Country Meadows 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 decreased by 11%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Country Meadows
-3.9%
Suncliff
-4.3%

Housing Supply in Country Meadows, AZ

How many homes are available in Country Meadows, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23230.0%

Summary: The Country Meadows real estate market had 23 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 911
+22.2%
4 66
0.0%
5+ 00
0.0%

Summary: The Country Meadows 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 decreased by 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Country Meadows, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Country Meadows in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for Country Meadows, AZ

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

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days42 Days-20.9%

Summary: Homes in Country Meadows had an average of 42 days on market in Apr 2024, down by 20.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Country Meadows are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Country Meadows; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 6 Days Ago

Newest Listings in Country Meadows, AZ

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