Is Desert View, 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 View has remained a Seller's Market.
Housing Prices in Desert View, AZ
How much do homes in Desert View, AZ cost?
Median Sold Price
$713,800
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Desert View was $713,800 in March 2024, up 1.3% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $298.7K | -0.4% |
2 Bedrooms | $485.7K | $465K | -4.3% |
3 Bedrooms | $635K | $643.7K | +1.4% |
4 Bedrooms | $825K | $815K | -1.2% |
5+ Bedrooms | $1.0M | $1.0M | -0.9% |
Summary: Desert View housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
Desert Peak | $652K | $699.9K | +7.3% |
Tatum Ranch | $615K | $625K | +1.6% |
Desert View | $704.5K | $713.8K | +1.3% |
Tatum Highlands | $622.4K | $610.9K | -1.9% |
Pinnacle at Desert Peak | $427.4K | $390K | -8.8% |
Housing Supply in Desert View, AZ
How many homes are available in Desert View, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
398 | 410 | +3.0% |
Summary: The Desert View real estate market had 410 homes for sale in March 2024, a 3.0% 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 | 74 | 81 | +9.5% |
3 Bedrooms | 134 | 135 | +0.7% |
4 Bedrooms | 127 | 117 | -7.9% |
5+ Bedrooms | 57 | 71 | +24.6% |
Summary: The Desert View 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 9.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 24.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 101 | +12.2% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Desert View in March 2024, up by 12.2% month-over-month. Of the 101 sold homes, 56% were sold under asking, 36% were sold at asking, and 8% were sold over asking.
Days on Market for Desert View, AZ
How long does it take to sell a home in Desert View, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 58 Days | -20.1% |
Summary: Homes in Desert View had an average of 58 days on market in Mar 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 101 homes were sold in Desert View; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.