Is Desert Uplands, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Desert Uplands has remained a Seller's Market.
Housing Prices in Desert Uplands, AZ
How much do homes in Desert Uplands, AZ cost?
Median Sold Price
$1,040,000
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Desert Uplands was $1,040,000 in March 2024, up 4% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $567.5K | $665K | +17.2% |
3 Bedrooms | $727.5K | $810K | +11.3% |
4 Bedrooms | $1.2M | $1.1M | -4.7% |
5+ Bedrooms | $1.1M | $1.6M | +46.5% |
Summary: Desert Uplands 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 increased by 17.2%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 46.5%.
Median Sold Price Compared To Nearby Neighborhoods
Las Sendas | $663.7K | $699K | +5.3% |
Desert Uplands | $1.0M | $1.0M | +4.0% |
Housing Supply in Desert Uplands, AZ
How many homes are available in Desert Uplands, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 40 | +17.6% |
Summary: The Desert Uplands real estate market had 40 homes for sale in March 2024, a 17.6% 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 | 1 | 3 | +200.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Desert Uplands 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 200%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Desert Uplands in March 2024, up by 140.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Desert Uplands, AZ
How long does it take to sell a home in Desert Uplands, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
97 Days | 55 Days | -43.0% |
Summary: Homes in Desert Uplands had an average of 55 days on market in Mar 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Desert Uplands; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.