Is Douglas, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Douglas was a Seller's Market.

Key Takeaway

Douglas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Douglas, AZ

How much do homes in Douglas, AZ cost?

Median Sold Price

$194,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$32,000(+19.8%)

Key Takeaway

Homes in Douglas have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Douglas was $194,000 in February 2024, up 19.8% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $138K$120K
-13.0%
2 $111.6K$104.5K
-6.4%
3 $170K$185K
+8.8%
4 $236K$230K
-2.5%
5+ $227.5K$310K
+36.3%

Summary: Douglas housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 36.3%.

Median Sold Price Compared To Nearby Cities

Douglas
+19.8%
Elfrida
+4.1%

Housing Supply in Douglas, AZ

How many homes are available in Douglas, AZ?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5864+10.3%

Summary: The Douglas real estate market had 64 homes for sale in February 2024, a 10.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 34
+33.3%
2 1113
+18.2%
3 3034
+13.3%
4 1211
-8.3%
5+ 22
0.0%

Summary: The Douglas housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Douglas in February 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Douglas, AZ

How long does it take to sell a home in Douglas, AZ?

Average Sale Time

Feb 2023Feb 2024CHANGE
114 Days51 Days-55.0%

Summary: Homes in Douglas had an average of 51 days on market in Feb 2024, down by 55% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Douglas are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in Douglas; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in Douglas, AZ

Nearby Markets to Douglas, AZ

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