Is Dynamite Mountain Ranch, 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, Dynamite Mountain Ranch has remained a Seller's Market.
Housing Prices in Dynamite Mountain Ranch, AZ
How much do homes in Dynamite Mountain Ranch, AZ cost?
Median Sold Price
$526,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dynamite Mountain Ranch was $526,000 in March 2024, up 5.7% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $487.5K | $503.7K | +3.3% |
4 Bedrooms | $517.5K | $555.9K | +7.4% |
5+ Bedrooms | $730K | $595K | -18.5% |
Summary: Dynamite Mountain Ranch 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 did not change, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Neighborhoods
Dynamite Mountain Ranch | $497.5K | $526K | +5.7% |
North Gateway | $609.9K | $640K | +4.9% |
Valley Vista | $820K | $730K | -11.0% |
Housing Supply in Dynamite Mountain Ranch, AZ
How many homes are available in Dynamite Mountain Ranch, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Dynamite Mountain Ranch real estate market had 21 homes for sale in March 2024, a 10.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Dynamite Mountain Ranch 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Dynamite Mountain Ranch in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Dynamite Mountain Ranch, AZ
How long does it take to sell a home in Dynamite Mountain Ranch, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 59 Days | -41.0% |
Summary: Homes in Dynamite Mountain Ranch had an average of 59 days on market in Mar 2024, down by 41% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Dynamite Mountain Ranch; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.