Is Dobson Ranch, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dobson Ranch has remained a Seller's Market.
Housing Prices in Dobson Ranch, AZ
How much do homes in Dobson Ranch, AZ cost?
Median Sold Price
$437,950
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dobson Ranch was $437,950 in April 2024, up 1.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $227.5K | +1.1% |
2 Bedrooms | $290.6K | $286K | -1.6% |
3 Bedrooms | $450K | $479.2K | +6.5% |
4 Bedrooms | $550K | $574K | +4.4% |
5+ Bedrooms | $620K | $640K | +3.2% |
Summary: Dobson Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Neighborhoods
Dobson Ranch | $430K | $437.9K | +1.8% |
Dobson Manor | $488.2K | $483K | -1.1% |
Housing Supply in Dobson Ranch, AZ
How many homes are available in Dobson Ranch, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 63 | -11.3% |
Summary: The Dobson Ranch real estate market had 63 homes for sale in April 2024, a 11.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 21 | 17 | -19.0% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 21 | 16 | -23.8% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dobson Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Dobson Ranch in April 2024, up by 5.3% month-over-month. Of the 20 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% were sold over asking.
Days on Market for Dobson Ranch, AZ
How long does it take to sell a home in Dobson Ranch, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 65 Days | +55.2% |
Summary: Homes in Dobson Ranch had an average of 65 days on market in Apr 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Dobson Ranch; 35% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.