Housing Prices in Desert Terrace, AZ
How much do homes in Desert Terrace, AZ cost?
Median List Price
$485,000
$248/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Desert Terrace was $485,000 in March 2024, down 3% from the previous year, and the median price per square foot was $248.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $507.4K | $475K | -6.4% |
4 Bedrooms | $475K | $505K | +6.3% |
5+ Bedrooms | $520.5K | $552.4K | +6.1% |
Summary: Desert Terrace housing prices by bedroom type for March 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 6.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 6.1%.
Median List Price Compared To Nearby Neighborhoods
Anthem | $550K | $579.8K | +5.4% |
Anthem West | $540K | $563K | +4.3% |
The Canyons | $489.9K | $510K | +4.1% |
Desert Terrace | $499.9K | $485K | -3.0% |
Housing Supply in Desert Terrace, AZ
How many homes are available in Desert Terrace, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Summary: The Desert Terrace real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Desert Terrace 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Desert Terrace, AZ
How long does it take to sell a home in Desert Terrace, AZ?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
209 Days | 43 Days | -79.4% |
Summary: Homes in Desert Terrace had an average listing age of 43 days in Mar 2024, down by 79.4% compared to the previous year.