Is Diamond Ridge Place, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Diamond Ridge Place is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Diamond Ridge Place has remained a Seller's Market.

Key Takeaway

Diamond Ridge Place is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Diamond Ridge Place, AZ

How much do homes in Diamond Ridge Place, AZ cost?

Median Sold Price

$460,000

$180/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$9,000(-1.9%)

Key Takeaway

Homes in Diamond Ridge Place have sold for 1.9% less than they did a month ago.

Summary: The median home sold price in Diamond Ridge Place was $460,000 in April 2024, down 1.9% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $469K-
N/A
4 -$460K
N/A
5+ --
N/A

Summary: Diamond Ridge Place housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Diamond Ridge Place, AZ

How many homes are available in Diamond Ridge Place, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
440.0%

Summary: The Diamond Ridge Place real estate market had 4 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 00
0.0%
3 11
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Diamond Ridge Place 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Diamond Ridge Place, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Diamond Ridge Place in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Diamond Ridge Place, AZ

How long does it take to sell a home in Diamond Ridge Place, AZ?

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days35 Days+169.2%

Summary: Homes in Diamond Ridge Place had an average of 35 days on market in Apr 2024, up by 169.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Diamond Ridge Place has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Diamond Ridge Place; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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